Merriman Ultimate

According to Paul Merriman, the Ultimate Buy-and-Hold Strategy “creates a sophisticated portfolio with worldwide stock diversification by adding value stocks, small company stocks and real estate funds to a traditional large-cap growth stock portfolio.”

Asset Allocation

  • 6% Large Cap Blend
  • 6% Large Cap Value
  • 6% Small Cap Blend
  • 6% Small Cap Value
  • 6% Int’l Large Cap Blend
  • 6% Int’l Large Cap Value
  • 6% Int’l Small Cap Blend
  • 6% Int’l Small Cap Value
  • 6% Emerging Markets
  • 28% Intermediate Bonds¹
  • 12% Short Term Bonds
  • 6% REITs


  1. Merriman specifically calls for 8% TIPS.  I don’t have good data for this asset, but in an effort to maintain his design intent I added it to the intermediate term bond allocation.  Be sure to read Merriman’s explanation for why he chooses the funds he does.


Change the home country to translate the portfolio to local assets, currency, and inflation