Harmony Portfolios Asset allocation and benchmarks. February 2010. Harmony Benchmarks. Balanced fund Benchmarks. Growth fund Benchmarks. 4. Asset Allocation – February 2010.
International equity refers to both developed and emerging market equity. At the moment our preferred split is 95% developed markets and 5% emerging markets.
Domestic bonds refers to investment grade corporate as well as government bonds. At the moment our preferred split is 70% non-government investment grade and 30% government bonds.
Alternative fixed income includes exposure to emerging market debt, global high yield and global convertible bonds.