How do I get a rebalancing calculation for an account?
Where to find it: ACCOUNTS and INVESTMENTS → Edit Allocation
Open ACCOUNTS and INVESTMENTS, choose Edit Allocation for the account and set its target percentages first. Select the rebalancing tool from that page.
The result shows proposed buys and sells, the allocation they would produce, and the before-and-after investment values. It seeks to approach the account’s target while considering the model’s transaction costs, fees, expected returns and taxable gains or losses.
These are calculations for you to review. MRA does not place trades. Small transactions may be impractical once actual trading costs are considered, and more than one combination of holdings can approach the same target.
This allocation-based tool differs from Optimize portfolio, which uses historical returns, volatility and correlations. It also differs from the Withdrawal Optimizer, which works on retirement withdrawals and deposits over time.