Common use of Rebalancing Clause in Contracts

Rebalancing. The Products and the proportions in which they are held in Client’s Account may be rebalanced in Betterment’s discretion to resemble the information and preferences specified by Client in the Interface or in the event of any changes to the IPS, including but not limited to any changes in the Products selected by Betterment. In the event a Client’s portfolio is identified as having drifted by 3% or more and cash flows are not sufficient to enable Betterment to reduce the portfolio drift, Betterment will typically rebalance a Client’s portfolio by selling and buying Products within the Account, provided that rebalancing will not result in short-term capital gains for a Client. Client understands and agrees that such transactions may affect the market value of the Account, and may also have tax consequences. Client may instruct Betterment to only rebalance Client’s Account in response to cash flows by contacting Betterment’s customer support team. Donating Shares. Betterment provides Client the opportunity to donate appreciated shares with long-term capital gains from Client’s Betterment Account to a select number of charitable organizations. If Client chooses to use Betterment’s charitable giving feature, Client acknowledges and agrees that Betterment shall provide Client’s name and email address to the recipient charity, which the recipient charity may use to solicit further donations from Client.

Rebalancing. The Products and the proportions in which they are held in Client’s Account may be rebalanced in Betterment’s discretion to resemble the information and preferences specified by Client in the Interface or in the event of any changes to the IPS, including but not limited to any changes in the Products selected by Betterment. In the event a Client’s portfolio is identified as having drifted by 3% or more and cash flows are not sufficient to enable Betterment to reduce the portfolio drift, Betterment will typically rebalance a Client’s portfolio by selling and buying Products within the Account, provided that rebalancing will not result in short-term capital gains for a Client. Client understands and agrees that such transactions may affect the market value of the Account, and may also have tax consequences. Client may instruct Betterment to only rebalance Client’s Account in response to cash flows by contacting Betterment’s customer support team. Donating Shares. Betterment provides Client the opportunity to donate appreciated shares with long-term capital gains from Client’s Betterment Account to a select number of charitable organizations. If Client chooses to use Betterment’s charitable giving feature, Client acknowledges and agrees that Betterment shall provide Client’s name and email address to the recipient charity, which the recipient charity may use to solicit further donations from Client.and