Iheshan Faasee, Managing Director, Client Portfolio Manager at Intech Investment Management believes that the impact of defensive equity strategies is varied and distinct. Assuming you plan to keep the overall weight of your equity allocation unchanged, you might then ask how much exposure you should allocate to defensive equity strategies. The answer will depend largely on the timehorizon, your sensitivity to volatility and drawdown tolerance. While the one certainty of a guarantee is its expense, the alternative – considering the inclusion of defensive equity strategies in your diversified portfolio – can prove to be effective in smoothing out the journey toward reaching your desired investment outcome.