A balanced portfolio aims to balance risk and reward by holding both equities and bonds in a more or less equal split. With a balanced portfolio, investors may typically take on some risks to grow their investments moderately over time, but are generally less likely to experience the large fluctuations an equity-heavy portfolio could encounter.

For more details, please refer to our blog article here: https://www.syfe.com/magazine/is-a-core-balanced-portfolio-right-for-you/