'Balanced portfolios' can be broadly defined as those with a lower proportion of growth assets and a higher proportion of defensive assets when compared to 'growth portfolios'.

Question

Quizplus · Accepted Answer

The statement correctly defines balanced portfolios as having a lower proportion of growth assets and a higher proportion of defensive assets, making them less risky than growth portfolios which have a higher proportion of growth assets.

'Balanced Portfolios' Can Be Broadly Defined as Those with a Lower