How is the allocation of Vests decided?
The allocation of a Vest i.e. the percentage of the total amount ($) that's invested in a particular share, will keep changing. The allocation changes with the price of the underlying shares. If you buy into a Vest for a certain amount, then you would be buying shares at the latest allocation. From time to time, we rebalance the Vest if it deviates away from the intended theme.
For rebalancing, we will prompt you to approve the rebalance. If there is extra cash then this cash can be used to rebalance or else we will sell the Vest holdings and buy again to make sure the rebalanced portfolio allocation is met. However, we will only do this if the user gives their consent.
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Is it possible to sell individual stocks from Vests?
Yes, you can sell individual stocks from Vests. However, the performance chart within the Vest details will not reflect your Vest's performance anymore (since the chart only reflects the actual allocation). Nonetheless, the " Your Position" section ...
What are theme-based Vests?
Vests are curated portfolios that are comprised of stocks and/or ETFs. Theme-based Vests are constructed with different goals or themes in mind. Some Vests are built to enable investors to invest in diversified assets that balance performance and ...
What are multi-asset class Vests?
Vests are curated portfolios that are comprised of stocks and/or ETFs. Multi-Asset Class Vests allow you to get exposure to different assets in a simple manner. These Vests consist of three core assets - stocks, bonds, and gold. Please refer to this ...
Will I be charged for the rebalancing of Vests?
No, there won't be any additional charges for rebalancing Vests.
How often do Vests get rebalanced?
There is no preset frequency for Vest rebalancing. All of the portfolios are actively monitored to ensure they don’t deviate from the original investment theme they are designed for and that there are no material negative changes in the fundamental ...