Rebalancing your portfolio is a key function of what we entrust PortfolioMetrix (PMX) to do while managing your investment.
The reason they rebalance your portfolio is twofold:
With the recent drop in local shares and local property, PMX are going to be moving money from local cash, local bonds, global bonds, global equity and global property back into local shares and local property.
This is exactly what we entrust PMX to do, especially in volatile times when they need to stick to their philosophy and process.
The simplistic graphic below shows you the process described above:
PMX will implementing this rebalance starting on the 7th of April 2020 and will be using the month of April to make sure all client portfolios are fully and correctly rebalanced.
This is done entirely by them through your administrator, and you do not need to do anything.
Importantly, you will still receive any income from your investment, and you will be able to make contributions, at any stage in this process, to your investment.
If you have any further questions, please contact your RetiremeantTM Specialist.
Chartered Wealth Solutions is an authorised financial services provider
(FSP no. 13909)