Note(s): This table shows the annual rate of returns and Sharpe ratio of the two asset allocation methods. Simulation I is an asset allocation based on the original forecasting data by the VAR model, and Simulation II is carried out by adding filtering to the economic indicators, setting new upper and lower bands of economic indicators and raising the lower and upper limits of stock weights by 10%. Simulation III is conducted by increasing the lower and upper bounds of stocks and alternative investments to 20 and 40%, respectively, as well as lowering the domestic bonds to 10 and 30% in addition to filtering