The allocation of your investment dollars has more impact on your overall investment success than any other factor. The asset allocation decision is the single most important factor in determining both performance (return) and risk (standard deviation) of an investment portfolio. To find out what Bishop Street Funds asset allocation mix is most appropriate for your individual needs, click here to go to the Asset Allocation calculator.

According to a key study of pension fund performance*, the overwhelming determinant of the success or failure of an investment strategy is how the assets were divided among the various asset classes (stocks, bonds, cash equivalents). Which securities or mutual funds were bought or sold, and when the investments were made, had considerably less impact, as the chart below shows.

*Source: Brinson, B. Gary, Brian D. Singer and Gil L. Beebower; Financial Analysts Journal; May-June 1991.

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