Strategic Asset Allocation


Given the dynamic nature of financial and capital markets, it is essential that KWAP reviews its SAA on an [periodic] basis. This is to inform the Board and Investment Panel of the impact to KWAP's investment performance, objectives and strategies as a result of any issues, trends or possible implications that arise from the prevailing behavior of each asset class. In situations where market movements resulted in a deviation of the current asset allocation from its desired position, allowable ranges are given to provide room for flexibility. KWAP believes that it should observe the SAA and realistically (within the constraints) and where deemed necessary, refine it from time to time to better enhance the fund’s mobility to generate returns without taking risks beyond its capacity and capability.​​​