The Morningstar Dictionary: Strategic vs. tactical

Whether portfolio moves are temporary or long-term can help clarify the issue.

Christian Charest 24 March, 2017 | 5:00PM

 

 

You may have heard the terms "strategic" and "tactical" used to describe how a fund manages its asset allocation. But while both words find their origin in military applications, their meanings are quite different.

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Christian Charest

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