Table 3: Comparison of low-risk portfolios under five scenarios (1972–2009).

Portfolio performance for low-risk category
(6% investment yield)

Scenario:12345
Investment yield6%6%6%6%6%
Risk (std deviation)2.2%2.0%1.9%1.7%1.8%
Coef. of variation.37.34.31.29.29
Portfolio weights:
T-Bills23.6%34.6%40.3%42.9%42.0%
Long bonds64.3%59.4%51.0%42.4%42.8%
F-REIT12.1%8.1%9.6%
Gold2.9%1.0%
REITs0.1%1.2%0.8%0.6%
Stocks5.8%