Asset allocators create - Problem with past participle

[Sputnik]

Hi Ron/Stacey,

I am getting confused with the usage of adverbial modifiers.Most of the times I am not able to understand what are they modifying.

E.g

Asset allocators create portfolios, often in the form of mutual funds, intended to turn in good results in both "bull" and "bear" markets.

Here...intended is modifying mutual funds or portfolios... ???

Any rules, tips, etc would really help.

Thanks in advance
Sputnik

[Sputnik]

X , modifier of X ,past participle .....

in this case... do we just remove the modifier ??

or can we also read it as

X,modifier of X , modifier of [modifier of X]

I hope you understand what I am trying to say.... :)

Thanks
Sputnik

[Sputnik]

Sorry guys...

Posted it here by mistake...
Please delete/shift this thread.

[Pathik]

I am curious to hear from tutors, though my understanding is that "modifier of x"(often in the form of mutual funds) is comma seperated non-essential clause and that non-essential clause could be removed without loss of clarity to the sentence. So, "intended to...." *must* modify portfolio and not mutual funds.

Pathik

[sanj]

I agree with pathik

[StaceyKoprince]

Hi, I'm sorry we missed this post. Did you ask the question again already in the general verbal thread, or should I move this over there so it can be answered?