The moderate investor generally:

• has a reasonable understanding of financial markets;
• seeks a broad, diverse investment portfolio;
• prefers to avoid volatility but can accept moderate risk;
• seeks both income and capital growth (increase in their initial investment over time); and
• invests for the medium to long term.

	The moderate investor - typical investment structure
	The moderate investor - pros and cons
	The moderate investor - case study
	The moderate investor - AXA options