WhiteOak Capital Mutual Fund has launched a new fund called WhiteOak Capital Multi Asset Allocation Fund. The fund will invest in four different asset classes, including equity, debt, gold, and foreign equities. The CEO of WhiteOak Capital MF, Aashish Somaiyaa, stated that the fund managers will perform both security selection and multi-asset portfolio construction to achieve reasonable returns with moderate volatility over the long term.
ETF Newz Says:
Each asset class performs differently during different market cycles, and a balanced combination of these asset classes can help reduce portfolio volatility and generate reasonable returns over longer time periods.
