Coward’s Portfolio

The Coward’s Portfolio — also known as the Smart Money Portfolio — is recommended by William Bernstein for investors looking to expand on simpler alternatives like his No-Brainer Portfolio and compete with institutional strategies but with drastically lower fees.

cowards-portfolio

Asset Allocation

CANGERUKUSA
15%Large Cap BlendUSA-LCBEUR-LCBEUR-LCBUSA-LCB
10%Large Cap ValueUSA-LCVEUR-LCVEUR-LCVUSA-LCV
5%Small Cap BlendUSA-SCBEUR-SCBEUR-SCBUSA-SCB
10%Small Cap ValueUSA-SCVEUR-SCVEUR-SCVUSA-SCV
5%EuropeEUR-TSMUSA-TSMUSA-TSMEUR-TSM
5%PacificPAC-TSMPAC-TSMPAC-TSMPAC-TSM
5%Emerging MarketsEM-TSMEM-TSMEM-TSMEM-TSM
40%Short Term BondsCAN-STGER-STUK-STUSA-ST
5%REITsREITREITREITREIT

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Performance

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