The concept of rebalancing is an important tool in our toolkit to respond to market events and keep portfolios in line with their objectives. Since our last global rebalance in April, the S&P 500 has climbed about 18%. While that’s great news, it also means some parts of investor portfolios grew faster than others.
To illustrate this point, we wanted to share a short video from our Chief Investment Officer, Rick Wedell, explaining a recent adjustment we made for client portfolios: a global rebalance.
In the video, Rick walks us through:
- Why we made the adjustment now
- How we trimmed and adjusted portfolio investments so they were appropriately managed and positioned for the future
- How staying balanced helps your portfolio weather different market conditions
This kind of fine-tuning is a healthy, proactive part of managing your investments, much like a tune-up keeps a car running smoothly. We send these portfolio updates as needed to help keep you informed as to what’s happening and why, to help you feel confident that your portfolio stays on track whatever the market brings next.