The Avalon Balanced Portfolio blends Avalon’s Equity Portfolio and Municipal Bond Portfolio into one offering using Avalon’s Asset Allocation Recommendations.
With the Avalon Balanced Portfolio, Avalon assumes the responsibility for the client’s allocation decisions. The client establishes the equity allocation range (using a 30% band) at the portfolio inception.
The Investment Objective of the Avalon Balanced Portfolio is to outperform a comparable static (stock/bond allocation) benchmark over rolling three year periods, and to do so with lower volatility.