The Morningstar Asset Allocator M Brown （晨星公司资产分配器米棕色）.pdf

T h e M o r n i n g s t a r A s s e t A l l o c a t o r for Ameritas Variable Life Insurance Company f i r s t EXPLORE the Benefits of Asset Allocation Asset allocation* is the process of dividing your money among different investment types to find the combination that balances your expectations for returns with your concerns about risk. Asset allocation helps you diver- sify your holdings, balance risk and reward, and plan for the long term. It is a key factor in determining long-term performance results. Diversification. Diversification is a way to fluctuations or chasing hot performers. Asset reduce investment risk by dividing your allocation helps you plan for your important money among a variety of investments. A long-term goals by helping you establish an diversified portfolio typically has a mix of effectively diversified investment plan that stocks, bonds, and cash. You can also will help you take advantage of the long- diversify within each of these types of invest- term potential of the investment markets. ments (see definitions listed under Asset Categories on the back page for more infor- The Morningstar Asset Allocator. The mation). For example, you may not want to Morningstar Asset Allocator is a portfolio- invest entirely in small company stocks, planning tool designed to help you build a which can be more volatile, nor 100% in mix of investments to match your personal long-term bonds, which can be hurt when goals and risk tolerance. Grounded in sound interest rates rise. Asset allocation puts the statistica