Common use of Rebalancing Participant Accounts Clause in Contracts

Rebalancing Participant Accounts. Assets in the Participant’s Plan account are rebalanced on an ongoing basis to ensure alignment with the assigned asset allocation strategy and the current model portfolio. There are two primary types of rebalancing activities: • Portfolios are rebalanced periodically (generally 3-4 times per year) to account for changes in market valuations, to ensure Participant accounts are properly aligned to their model portfolio allocations. • Portfolios are also monitored each Business Day to ensure that any Participant directed activities (such as withdrawals or loans) have not caused the Participant account to vary from the assigned market-adjusted model portfolio by more than a drift allowance specified under the Portfolio Advisory Service® . Rebalance transactions shall be created in the nightly cycle for processing on the following Business Day, and will be reflected in Participant accounts on the day following the rebalance transaction date.

Rebalancing Participant Accounts. Assets in the Participant’s Plan account Account are rebalanced on an ongoing basis to ensure alignment with the assigned asset allocation strategy and the current model portfolio. There are two primary types of rebalancing activities: • : 1) Portfolios are may be rebalanced periodically (generally 3-4 times per year) to account for changes in market valuations, valuations to ensure Participant accounts Accounts are properly aligned to their model portfolio allocations. • Portfolios are also monitored each Business Day to ensure that any Participant directed activities (such as withdrawals or loans) have not caused the Participant account Account to vary from the assigned market-adjusted model portfolio by more than a standard drift allowance specified under the Portfolio Advisory Service® . set by Strategic Advisers. 2) Rebalance transactions shall will be created in the nightly cycle for processing on the following Business Day, Day and will be reflected in Participant accounts Accounts on the day following the rebalance transaction date.