An environmental, social and governance (“ESG”) investment strategy limits the types and number of investment opportunities available and, as a result, the investment strategy may underperform other investments that do not have an ESG focus. An ESG investment strategy may result in an investment in securities or industry sectors that underperform the market as a whole or underperform other investments screened for ESG standards. In addition, the investment strategy may not exhibit positive or favorable ESG characteristics.
No representation is being made that any particular investment strategy based on the tool will be successful or exhibit risk or return characteristics similar to those shown.
Important Information
IMPORTANT: The projections or other information generated by the tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.
The Total Portfolio Workbench tool (the "tool") is intended to help users think about asset allocation through a macro and style factor lens. The tool takes a user-constructed portfolio and performs a risk and return analysis that includes a calculation of the decomposition of risk across both asset classes and macro and style factors, using the Aladdin portfolio risk model. The tool also includes expected returns, using the BlackRock Investment Institute’s capital market assumptions.
The tool is provided for informational purposes only, and is not intended to be relied upon as a forecast, investment-related research, investment advice, or as a recommendation, offer or solicitation to buy or sell any securities or to adopt any particular investment strategy. Results shown are for illustrative purposes only and do not reflect those of any actual accounts or strategies. The tool should not be relied upon as a primary basis for an investment decision, or for accounting, legal, or tax advice.
Forecasts of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice. We believe the information provided here is reliable, but do not warrant its accuracy or completeness. Note that these asset class assumptions are passive, and do not consider the impact of active management. All estimates in this tool are in US dollar terms unless noted otherwise. References to future returns are not promises or even estimates of actual returns a client portfolio may achieve.
"Expected" return estimates are subject to uncertainty and error. Expected returns for each asset class can be conditional on economic scenarios; in the event a particular scenario comes to pass, actual returns could be significantly higher or lower than forecasted. Returns are stated as annualized, geometric returns.
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Past performance is not a reliable indicator of current or future results.
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