Portfolio Rebalancing

Concord believes that taking a dynamic approach to re-balancing and advising client investment programs is appropriate given the pace and intensity of expected market conditions. Concord will recommend changes to the portfolio within defined ranges and policy, in order to take advantage of opportunities and to protect against risks that may present themselves.

Concord monitors the client’s portfolio positioning on an ongoing basis. Proper execution of portfolio rebalancing is of utmost importance due to time sensitivities and liquidity issues involved with transactions. Concord ensures that trade tickets and letters of instructions are completed accurately and processed by trade cut off times. Concord works with the portfolio managers to determine fund liquidity and availability of cash when moving between funds, and ensures that sufficient time is allowed for potential processing errors and delays.