How do I set an account’s target asset allocation?
Where to find it: ACCOUNTS and INVESTMENTS → Edit Allocation
Open ACCOUNTS and INVESTMENTS and choose Edit Allocation for the account. Review its current holdings and enter the target percentages for the asset classes shown. The targets must total 100%. Save the changes.
The current allocation describes what you have; the target describes the mix you want the rebalancing calculation to approach. Changing a target does not change today’s holding values or send a trade to your institution.
If an asset class you want is missing, add an appropriate holding to the account first; it can have a zero value. The account needs an investment representing that class before the rebalancing tool can allocate money to it.
For example, a target of 60% equities, 35% fixed income and 5% cash describes the whole account. A balanced fund can already contain more than one of these classes, so review its internal allocation before setting the account targets.