Story: Are so-called “single asset allocation plans” a better deal than going out and building your own asset allocation program out of individual funds? Some reputable financial firms, including John Hancock and Fidelity Investments think so. Need expert commentary on pros and cons of “single asset allocation plans”. I.E., do they work, and why? Are they overrated, and why? What should investors look for in a single asset allocation fund – and what should they avoid? Would you buy into one? All comments welcome. Requirements: Investment experts, asset allocation experts, financial experts, fund experts, actual investors, economists.
Can You Really Get True Asset Allocation In One Fund?