1 Source: Invesco, all data as of Dec. 31, 2015. Assets under management include private real estate, alternative credit, liquid inflation hedges, hedged and macro strategies, and private equity.
Diversification does not guarantee a profit or eliminate the risk of loss.
Correlation indicates the degree to which two investments have historically moved in the same direction and magnitude. A greater positive correlation (+1.00 maximum) means the two investments have behaved more similarly; a greater negative correlation (1.00 maximum) means the two have performed less similarly.
Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.