![Back to basics on diversified growth funds PBI Senior Consultant Bradley Hough was quoted in an article on diversified growth funds. Extract: A diversified growth fund is a fund that […]](https://pbiactuarial.ca/wp-content/uploads/2017/11/logo-full.png){kind=logo}
Back to basics on diversified growth funds
PBI Senior Consultant Bradley Hough was quoted in an article on diversified growth funds.
Extract:
A diversified growth fund is a fund that targets a return — normally, inflation plus four or five percent — by holding a number of different asset classes, says Bradley Hough, a partner and senior investment consultant at PBI Actuarial Consultants Ltd. “So equities, real estate, hedge funds, and other things and an allocation to bonds, corporate bonds.”
The approach allows for a much smoother return than a conventional balanced fund, he notes.
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