Although it is commonplace for investors to hold multiple investments in a portfolio -- often comprising mutual funds or ETFs that in turn hold dozens or even hundreds of underlying positions -- even multi-asset-class portfolios aren’t always really diversified.

Holding many different investments aligned to the same base case market scenario and that all go up or down together may be equally risky.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access