Model Portfolio Rebalancing Process

Following the automated processing of model portfolio rebalancing carried out on September 15, we are pleased to confirm that the operation was successful. Here are the detailed results:

• 80% of eligible plans were successfully processed: they were either rebalanced or deemed compliant with the requirements and did not need rebalancing.
  
  
• 20% of eligible plans were not processed: one of the reasons indicated in the report mentioned below is the cause.
  

The Rebalancing Status Report, available since September 17 in the Reports section of the Advisor Center, will allow you to verify whether your clients’ plans were rebalanced as expected. If not, the reasons that may have prevented the rebalancing will be indicated, if applicable. Once corrections are made, you will be able to manually rebalance the affected funds, if necessary.

Pre-populated rebalancing frequencies in the form
As announced during the program launch last June, all rebalancing frequencies are available in Univeris and now automatically pre-populated in the Nominee Account Rebalancing Program Agreement form.

Rebalancing frequency and target dates:

• Annual: March 15
• Semi-annual: March 15 and September 15
• Quarterly: March 15, June 15, September 15 and December 15
  
  

Reminders and useful references
It is still possible to enroll in the automatic model portfolio rebalancing program, if not already done, in order to benefit from this tool starting with the next scheduled rebalancing in December.

For more information about our rebalancing program, please refer to the following resources:

• Online training: Automatic Portfolio Rebalancing Program
• Procedure: Administrative Procedure #57—Model Portfolios—Automatic Rebalancing (Nominee Accounts) 
• PortfolioINSIGHTS Manual: Model Portfolio Creation and Automatic Rebalancing