FirstNet Adviser help

What is the auto-rebalancing facility

The future investment selection shows the preferred proportions of each investment option your client is invested in. If you choose to use the auto-rebalancing facility, these allocations will be used to re-balance the account.

If you change the auto-rebalancing frequency from 'Do not auto-rebalance this account' to either annually or quarterly rebalancing, an automated switch will occur on the next business day in order to bring the account back into line with the pre-nominated future investment selection. The automated switches will be repeated at each nominated frequency.

If you change the frequency from either quarterly or annually rebalancing to 'Do not auto-rebalance this account', this will cancel the auto-rebalancing facility. No switch will be processed.

You can't modify auto-rebalancing if your client holds a FirstRate Term Deposit option. Please refer to the PDS for more information.

The auto-rebalancing facility can't be used for clients who have investments in closed options.