Model Investment Portfolios
PMA offers clients four portfolios with specific risk characteristics that are defined by their equity exposure:
- Small Risk Portfolio with a range of 15% to 25% equity and the balance in fixed income;
- Moderate Risk Portfolio with a range of 45% to 60% equity and the balance in fixed income;
- Substantial Risk Portfolio with a range of 65% to 80% equity and the balance in fixed income;
- All Equity Portfolio that is 100% equity.
The PMA Investment Committee meets quarterly to determine the precise equity allocation in the Small, Moderate and Substantial model investment portfolios, based on current market metrics and recent history.
Historic returns of all-Equity, 50/50% Equity/Bond and all-Bond portfolios for five-, ten- and twenty-year rolling periods illustrate that the range of returns and the average yearly returns of the portfolios vary both as a result of the investment mix and the time period of the investment.
Contact us for information on expected returns and the probable range of returns of PMA portfolios.
Historic returns (1926 – 2012) are derived from the Ibbotson SBBI 2013 Classic Yearbook published by Morningstar.