Not exact matches
Depending upon whether your account is taxable or tax deferred (e.g., an IRA), the asset
allocation and fund
selection may be slightly
different.
It receives from the government an
allocation of foreign exchange which allows some ten to twelve thousand pilgrims to make the journey and then allocates quotas to
different parts of the country and supervises the
selection of those who will be permitted to go, for from two to ten times as many apply as can be cared for.
This article presents a framework for determining the contributions of
different aspects of the investment management process — asset
allocation policy, active asset
allocation, and security
selection — to the total return of investment portfolios.