Portfolio Rebalancing Calculator
The Rebalance Calculator is a simple tool designed to help you review, adjust, and align your client's investment portfolios with your desired asset allocation. The calculator will display:
- Current allocation vs. target allocation.
- The amount to buy or sell in each fund or asset.
- A summary of the portfolio after rebalancing.
Tips
- This tool helps you structure valid instructions for the Manage Assets journey. While you can switch out of existing holdings in funds into new ones (fully or partially), the tool mimics current system logic by preventing increased exposure to funds you currently hold. This constraint is in place to ensure your instruction is accepted and processed efficiently. This tool is not applicable to switching out of model portfolios.
- You can find the data to enter under Current Holdings in your detailed statement or on your account summary screen. Navigate to your client's profile on the INN8 website. Select "Generate statement" ensure the detailed statement field is marked. Alternatively, under the accounts table, click "View" on the account you will like to rebalance. Navigate to the Asset Holdings table and insert the fund level details below.
- For model portfolios, be sure to add the underlying assets of the fund.
- The calculator only displays public funds. To add funds that don’t appear on the list, open the Fund Name dropdown and select Fund A (at the bottom). You can then edit and replace this name. If you do so, and you’re also using the Current Allocation and Target Allocation sections, make sure the fund name matches exactly.
- The rebalance calculator's capital gains tax (CGT) analysis is intended for discretionary products like Investment Accounts, Endowments and Sinking Funds. For CGT-exempt accounts such as Retirement Products, Living Annuities and Tax-Free Savings Accounts, this analysis is not relevant. However, if you use the calculator to model a rebalance for any retirement product, you are responsible for ensuring Regulation 28 compliance separately on the INN8 secure web before submitting the instruction.
1. Current Holdings
Enter the fund details from your statement or account summary into the fields below.
| Fund Name | Total Units | Blocked Units | Unit Price (R) | Base Cost (R) | Market Value (R) | Allocation% | Available Units | Base Cost/Unit | |
|---|---|---|---|---|---|---|---|---|---|
| Total: | R0.00 | 0.00% | |||||||
2. Target Allocation
Insert the allocation for the final rebalanced portfolio by percentage or Rand value.
| Fund Name | Target % | Target Market Value (R) | |
|---|---|---|---|
| Total: | 0.00% | R0.00 |
Submission Instructions
Please complete Section 1 and Section 2 before submitting via the web. Once you select the Rebalance Account button, use the following mapping for the 'Manage Assets' journey:
3. Rebalancing Actions
| Fund Name | Current Value (R) | Target Value (R) | Amount to Buy (R) | Amount to Sell (R) | Est. Gain/(Loss) (R) |
|---|---|---|---|---|---|
| Totals: | R0.00 | R0.00 | R0.00 | R0.00 | R0.00 |
Allocation Overview
Current Allocation
Target Allocation
Disclaimer
This Portfolio Rebalancing Calculator is designed to help model the potential capital gains and/or losses of rebalancing a portfolio. It shows how adjusting a portfolio's holdings can help it align with a target asset allocation. Please be aware that all calculations are estimates based on the information and transaction timing provided. The figures are not guaranteed because the final transaction values on statements and tax certificates can vary from these results. This is due to market price fluctuations that happen between the time the model is run and when the trade is executed. This tool is a calculation aid, and the output needs to be used to support investment goals, consider financial situation and risk tolerance.