Weekly Market Recap US data for July showed strong industrial production and housing activity, with relatively soft inflation. US employment data for August continued to signal a very healthy labor market. Notes released this week from the US Federal Reserve's meeting held in July suggested continuing gradual, but data dependent, increases in the US federal funds rate. Internationally, German economic survey data for August was positive and UK employment data for July was robust. A quick overview of how automatic rebalancing helps portfolio's managed as part of our Premium service. If left unchecked most portfolios can drift away from their goals as assets prices move, rebalancing is a way to correct this. At FutureAdvisor we assess Premium portfolios every day that the markets are open to gauge rebalancing opportunities and keep your portfolio on course in terms of its risk and return characteristics. Of course, too much rebalancing can add costs. On top of any trade fees, trading daily can carry hidden costs such as bid/ask spreads and potentially higher taxation. That's why our algorithm weighs the expected benefits of rebalancing against the total anticipated costs of any trading activity. We believe this is a task algorithms can do better than humans. The key thing for you to know is that we're constantly looking for appropriate opportunities to keep portfolios on track, and trading off the costs and benefits of doing so. Notes:
More On How Rebalancing Works
https://www.futureadvisor.com/content/resources/getting-started/portfolio-strategy/inside-the-algorithm-how-we-rebalance-your-portfolio
Federal Reserve Minutes https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20160727.pdf Disclaimer:
The views expressed are for informational purposes only and are not intended to serve as a forecast, a guarantee of future results, investment recommendations or an offer to buy or sell securities by FutureAdvisor. All expressions of opinion are subject to change without notice in reaction to shifting market, economic political conditions, and as subsequent conditions vary. The investment strategies mentioned are not personalized to your financial circumstances or investment objectives, and differences in account size, the timing of transactions and market conditions prevailing at the time of investment may lead to different results. This material may contain "forward-looking statements": information that is not purely historical in nature. Clients may lose money. Past performance is not indicative of future results. Investments in securities involve the risk of loss. Any tax strategies discussed should not be interpreted as tax advice and do not represent in any manner that the tax consequences detailed will be obtained. Clients should consult with their personal tax advisors regarding the tax consequences of investing. Your Portfolio Update Over the past month your portfolio was up 1.4%, and we have no recommendations at this time to improve it. Congratulations on maintaining one of the best portfolios among all our clients. We will, as always, continue monitoring your account and alerting you if there are actions to take (periodic rebalancing is required, etc). Ways To Improve Your Portfolio | 0 Accounts with Actions | Your portfolio has no recommended actions right now. We'll watch over your investments and alert you with an email when there are actions for you to complete. Sign in to see detailed steps  |  | Action Required - keep your recommendations accurate | | Your financial institution requested additional authentication to keep your investment accounts synchronized to FutureAdvisor. Keeping your accounts synchronized allows FutureAdvisor to monitor and keep you up-to-date on your investments and recommendations. | | Please log in to fix this in your Financial Profile. | | Sign in to see your full dashboard | * All amounts are as of the sent date of this email | 
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