Overview

A global multi-asset strategy that is actively managed across equities, fixed income, currencies, and cash

About this Strategy

  • Designed to participate and mitigate from extreme outcomes in times of market stress without sacrificing long-term growth potential
  • Continuously adjusts the mix of global equities, bonds and related “opportunistic” assets to proactively meet changing market conditions
  • Led by a multi-asset team, with extensive experience creating solutions that integrate traditional and non-traditional return sources into desired outcomes

Investment Approach

  • Invests in a mix of global equities, fixed income, opportunistic assets, currencies and cash to provide broad diversification in a single portfolio
  • Strategic allocation is 60% equities and 40% fixed income, but dynamic allocations can range from 0-80% in equities and 20-100% in fixed income

Meet the Team

“

The tight connection between the investment process and the client outcome is a powerful motivator.

Alexander Barenboym—Portfolio Manager—Dynamic Asset Allocation

Literature

Additional Information

Understanding Sales Charges and Expenses 
Statement of Policies and Procedures for Proxy Voting 
 

Investment Definitions

Alpha is the risk-adjusted measurement of "excess return" over a benchmark. Beta is a measure of an investment’s volatility in comparison to the market as a whole. Duration is a measure of the sensitivity of an asset or portfolio’s price to interest rate movements. Information ratio is a measurement of portfolio returns beyond the returns of a benchmark, compared to the volatility of those returns. R-squared is the percentage of a portfolio’s price movements that can be explained by movements in a benchmark index. Sharpe ratio is a measure of the fund’s return relative to the investment risk it has taken. A higher Sharpe ratio means the fund’s returns have been better given the level of risk the fund has taken. Standard deviation is a measure of the dispersion of a portfolio’s return from its mean. Tracking error is the difference in actual performance between a portfolio and its corresponding benchmark. Up capture measures the percentage of market gains captured when markets are up. Down capture measures the percentage of market losses endured when markets are down. 

Risks To Consider

  • Capitalization Size Risk (Small/Mid): Small- and mid-cap stocks are often more volatile than large-cap stocks?smaller companies generally face higher risks due to their limited product lines, markets and financial resources.

  • Commodity Risk: Commodity-linked investments may experience greater volatility than investments in traditional securities. The value of commodity-linked investments may be affected by financial factors, political developments and natural disasters.

  • ETF Risk: Investments in ETFs bear the share of the ETF's expenses and run the risk that the ETF may not achieve its investment objective.

  • Fixed Income Risk: Investments in fixed-income securities are subject to interest rate risk, the fluctuation of the interest rate, and credit risk, the issuer's ability to make timely payments of interest or principal. The lower the credit rating, the higher the risk of default. Fixed-income securities with lower ratings (commonly known as "junk bonds") tend to have a higher probability that an issuer will default or fail to meet its payment obligations.

  • Foreign (Non-U.S.) Investment Risk: Investments in securities of non-U.S. issuers may involve more risk than those of U.S. issuers. These securities may fluctuate more widely in price and may be more difficult to trade than domestic securities due to adverse market, economic, political, regulatory, or other factors.

  • Liquidity Risk: The difficulty of purchasing or selling a security at an advantageous time or price.

  • Real Estate Risk: Investments in real estate can decline due to a variety of factors affecting the real estate market, such as economic conditions, mortgage rates and availability. REITs may have additional risks due to limited diversification and the impact of tax law changes.

  • Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit our Literature Center or contact your AB representative. Please read the prospectus and/or summary prospectus carefully before investing.

    AllianceBernstein Investments, Inc. (ABI) is the distributor of the AB family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds. 

    AB mutual funds may be offered only to persons in the United States and by way of a prospectus. This website should not be considered a solicitation or offering of any investment products or services to investors residing outside of the United States.

    Investment Products Offered: Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed

    The [A/B] logo and AllianceBernstein® are registered trademarks used by permission of the owner, AllianceBernstein L.P.

  • IMPORTANT: The investment portfolios within AllianceBernstein Variable Products Series Fund, Inc. are not available for direct investment. These portfolios serve as the funding vehicles for variable life insurance and annuity contracts issued by insurance companies and other financial institutions. Please contact your financial advisor directly for more information..

     

    Please consider the investment objectives, risks, charges and expenses carefully before investing. You can obtain variable life insurance and annuity contracts information (non-AllianceBernstein products), including our underlying portfolio prospectuses, which contains this and other information by contacting your Financial Advisor. Please read the prospectus carefully before you invest.