Whether you’re a retail, institutional, active or passive Investor, are you prepared for the financial year ahead? You may also find yourself making uninformed and rash decisions that don’t fit your investing strategy and won’t help you perform in the long run.
If you’re looking for some simple ways to improve your performance and strengthen your portfolio against market volatility, here are four ways Allymon can help you become a more prepared investor.
1. Evaluate Your Investor Strategy
Whether it’s the beginning of the year and you’re looking to do an annual refresh of your strategy, or maybe you’re mid-way through the year and would like to rebalance your portfolio due to changes in market conditions. Whatever the case, it’s important first to get a picture of your portfolio’s asset allocation and diversification.
To determine your asset allocation, you can get a report, which shows how your portfolio is diversified across different investment types, markets, countries, industries and sectors. You also have the option to use your custom groups that reflect your specific investment strategy or asset allocation target.
Once you have determined your asset allocation, you can get an analysis report to see how your asset classes are performing relative to each other. This can be done over a specific period of their choice and is a good way to evaluate the success of your investment strategy and see whether you need to rebalance your portfolio.