Water is able to acclimatise and adjust to its surroundings, and takes the form of whatever contains it. Similarly, Value Investment Partner’s tactical asset allocation allows our investment committee to manoeuvre the VIP portfolios in such a way that enables them to either thrive or weather out a storm comfortably, depending on the present market conditions. This includes the ability to hold an underweight position in an asset class ranging down to 0% if macroeconomic factors present an unfavourable situation for the asset. The flexibility of our tactical asset allocation provides us with a competitive advantage in that we can quickly and easily adapt our portfolios to suit market conditions in order to protect our investor’s wealth.