My rebalancing strategy involves not selling off any securities but buying more of asset classes with current allocation lower than the target allocation. For eg, if I have $20000 cash in a Deposit Account, I only want to use those $20000 to rebalance. I do not want to sell anything.
Is there any way I can do this with PP?
Yes, you need to include that deposit account in the classification and set the target allocation for it to zero.
Hey, thanks for the response.
Thatâs what I did but some asset classes (for which actual allocation is greater than the target) have positive delta value. This affects delta values of other asset classes with negative delta values (right now, sum of negative delta values â cash in deposit account). What I want is only negative and zero delta values.
Let me know if youâd like me to explain further/better. Thanks again.
positiv delta values means you ought to sell shares, right?
my guess would be, that the amount of fresh cash is too small to balance your portfolio fully. My first thought for a workaround is, that you increase the amount of fresh cash until the positiv delta values disappear. Then you take the percentage allocation and distribute your money accordingly.
Wait for the next release. Youâll be able to manually exclude securities from the rebalancing. You would then need to deselect all securities that require selling.
Hi, seems like the new version is out. How to exclude securities from rebalancing? Thanks a lot!
There is a new column that youâll need to add. You can then toggle the flag via double-click.
It works like a charm, thank you!
what do you mean by âin the classificationâ?
Not âuncategorizedâ.
could you provide an example? Iâm not following how to get this rebalancing properly
edit: why is the forum not showing the quote to the post Iâm replying to?
This is done by highlighting the reffered text and selecting the shown tooltip âquoteâ. Otherwise youâre just referring to a post.
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To get the rebalancing as intended, you need to maintain the taxonomie as desired:
Seems Iâm doing something wrong here. I have a couple of ETFs divided in taxonomies as USA and ex-USA. I want a 65/35 split between these. Currently the USA one says delta value -1900, so I thought I had to buy 1900 usd worth of USA etfs to have proper rebalance. I simulated this purchase up to 1800, but the delta changed to -1100. What am I doing wrong?