Balanced Advantage Funds and Multi Asset Allocation Funds offer different risk-return profiles. Balanced Advantage Funds dynamically shift between equity and debt. Multi Asset Funds invest in equity, debt, and commodities like gold. BAFs aim for equity-like returns with less volatility. Multi Asset Funds provide diversification across assets. Investors should choose based on their risk tolerance and investment goals.
Asian stocks advance as Fed’s rate cut lifts mood
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.