Empirical studies have demonstrated that asset allocation determines the vast majority of the returns that a portfolio will generate*, with a landmark study by Brinson, Hood and Singer calculating the figure to be as high as 91.5%. To fully leverage this, allocation ranges need to be completely flexible, and AMP Capital’s new exchange traded managed fund, the ‘Dynamic Markets Fund (Hedge Fund)’, ASX:DMKT, is able to dial exposures up and down within exceptionally wide ranges. For example the team could move exposure to growth assets like Global REITs, commodities or EM equities from 0% to 90%. Conversely, the fund could rapidly reposition 100% into defensives such as cash and sovereign bonds. For more information on DMKT please click here. <a href="http://www.ampcapital.com.au/smsf-suite/dmkt?utm_medium=referral&utm_source=livewire&utm_campaign=smsf-dmkt" target="_blank" data-event-type="click" data-event="link_click">(VIEW LINK)</a>