Income

You have a low tolerance for risk and potential loss of capital or a short investment time horizon. You are willing to accept some short term fluctuations and small losses in your investments in exchange for modest returns. The primary object of your investment portfolio will be to provide income by investing primarily in funds that invest in fixed income security. While capital appreciation is not a priority, a small portion of the portfolio may be invested in equity funds to provide the potential for some growth to offset the impact of inflation.

Balanced

You have a low to medium tolerance for risk and loss of capital. You are willing to tolerate some fluctuations in your investment returns and moderate losses of capital. You have at least a medium-term investment time horizon. The objective of your portfolio will be to provide a combination of income and long term capital growth and therefore the portfolio will include at least 40% in fixed-income investments.

Growth

You have a medium to high tolerance for risk and loss of capital. You are willing to tolerate large fluctuations in your investment returns and moderate to large losses of capital in exchange for potential long term capital appreciation. You do not have any significant income requirements from your investments. You have at least a medium-term investment time horizon.

Speculation

Your tolerance for risk, portfolio volatility, and investment losses is very high. You are willing to tolerate potential significant and sustained price fluctuations and large losses of capital. You have extensive investment knowledge. You have no income requirements from your investments and have a long investment time horizon.