But neither strategy attempts to reduce risk by holding different
types of asset categories.
Not exact matches
You can create highly customized screens based on a variety
of categories including
Type (ETF vs. ETN), Exchange,
Asset Class, Sector, Family, Regional Focus, Leverage, Inverse, and MER.
The key concept to remember is that an
asset class is a broad
category covering many
types of assets.
The Internal Revenue Service puts gains and losses from the sale
of capital
assets in a
category separate from other
types of income.
(There are also some special
categories for certain
types of assets.)
So if you are not in the top 10 mutual funds in any
of the top 10
Asset Classes or at least in the top 10 Mutual Fund
Categories then you want to play a part in the alternate or diversified
type portfolio that may give you a better chance amongst the known top performers.
The portfolio allocation for Mirae
Asset Emerging Bluechip Fund in terms
of equity fund
type is such that 55 to 60 percent
of the corpus is usually allocated to mid-caps (higher than average ratio for the
category) with a 20 - 30 percent allocation in large caps.
So if you are not in the top 10 mutual funds in any
of the new top 10
Asset Classes or at least in the top 10 Mutual Fund
Categories then you want to play a part in the alternate or diversified
type portfolio that may give you a better chance amongst the known top performers.
Digital
Assets: This broad
category can include any
type of online account or files (like songs or documents) stored on computers and servers.