Increasing Gold, Real Estate, and US Bonds to Mitigate Equity Risk

FOLIO Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Morifumi Yotsumoto), a subsidiary of FOLIO Holdings Inc., which provides innovative financial solutions within the SBI Group, implemented its monthly asset allocation change for the AI investment service 'ROBOPRO®' on May 29, 2026. In this adjustment, the portfolio consists of eight assets, primarily real estate, gold, US stocks, and US bonds, with minor holdings in developed market stocks, emerging market bonds, high-yield bonds, and emerging market stocks. Comparing return forecasts based on the AI utilized in 'ROBOPRO', the outlook for real estate, US bonds, and US stocks was relatively high, while the outlook for other equity assets and high-yield bonds was low. Based on these forecasts and portfolio optimization using financial engineering, equity assets were reduced from approximately 51% to 29%, and real estate allocation was increased from approximately 19% to 33%. This shifted the allocation of relatively high-risk assets from traditional equities to non-traditional real estate. Additionally, the ratios of US bonds and gold were increased to enhance risk diversification.