Growth Balanced Tax-Advantaged Strategy

Suitable for: Tax-sensitive investors whose preferences for capital appreciation and investment income are about equal. These may include:
  • Investors preparing for retirement who anticipate working for several more years
  • Investors who are committed to making stocks a primary force in their diversified portfolio
  • Investors who may have short-term needs for a portion of their investment
  • Investors who seek greater tax sensitivity in their portfolios by investing in municipal bond funds
Portfolio Goal: Seeks to achieve total investment return from income and capital appreciation.

Portfolio Components
Asset Class Ranges*
  • Large-Cap Stocks 22% to 50%
  • Mid-Cap Stocks 3% to 17%
  • Small-Cap Stocks 3% to 14%
  • International Stocks** 3% to 17%
  • Bonds† 30% to 50%
Sample Asset Mix††
40% Bonds
60% Stocks
 Large-Cap Stocks
 Mid-Cap Stocks
 Small-Cap Stocks
 International Stocks**
 Bonds†
 
*Reflects a sample asset mix of portfolio investments pursuant to each investment approach. Actual asset allocations, as well as component investments within each investment approach, change from time to time.

+Bond funds can include short-, intermediate-term and tax-free funds. Investments within each investment approach change from time to time.

**Foreign investing involves special risks due to factors such as increased volatility, currency fluctuation, and differences in auditing and other financial standards. Small-cap stocks are less liquid and more volatile than large-cap stocks.

++Representative mix for illustrative purposes.