The French presidency is based on a semi-presidential system where both a president and a prime minister are active participants in the day-to-day administration of the state. France's president appoints a prime minister, who then forms a government.
The Portfolio Management Rating is the same as our Stock Rating except that we incorporate Asset Allocation in the Portfolio Management Rating. The Total Annual Costs Rating captures the all-in cost of being in a fund over a 3-yr holding period, the average holding period of all mutual fund investors.
The investment rule of thumb in which you mirror your age with your asset allocation (70/30 at age 30, 60/40 stocks at age 40, 50/50 at age 50, etc.) has become so widely accepted that many. large investment companies have produced target date mutual funds that coincide with multiple retirement dates.