How often will my account be invested? When will you rebalance my portfolio?
Once we invest your initial funds, we invest additional funds for eligible accounts as part of our quarterly trading cycle. These quarterly trading dates align with the timing of ETF dividend payments and can be found in the Six Park dashboard under Invest > Invest Funds. If you have $2,000 or more in your Macquarie CMA on any of these quarterly trading days, we’ll invest your funds at no additional cost to you.
We’ll remind you a week or two in advance of a quarterly trading date to give you plenty of time to transfer funds. If you have funds you’d like to invest, it’s best to transfer these funds into your Macquarie CMA a few days before the quarterly trading date to allow for Bank clearing times.
Outside of quarterly trading days, there are other reasons we may choose to trade or rebalance your account:
- You retake the online assessment and your risk profile changes as a result;
- The Six Park Investment Advisory Committee recommends a change to your investment portfolio’s target asset allocation or the ETFs your portfolio contains;
- When your account value (i.e. your holdings plus your CMA cash balance) exceeds $5,000, we will add an additional two ETFs to your portfolio;
- When your account value exceeds $20,000, you will be traded into the fully diversified Essential portfolio, or;
- Your investment portfolio’s assets have materially drifted from their target asset allocation, which can happen over time as markets move and certain asset classes outperform or underperform others
If you'd like to invest your available funds outside our quarterly investing dates, you can invest at any time via our 'Invest on Demand' or 'Automated Investing' trading features. These features are accessible in your client dashboard under the Invest > Invest Funds section and will attract trading fees.
Note: On our quarterly investing days, we may also rebalance your portfolio into the relevant product tier (as shown below) if your account value has changed.
