GLOSSARY

Tolerance band

IN PLAIN ENGLISH

How far from its target a sector can drift before you'll act on it.

WHERE YOU MEET IT

Set in the Rebalancing Advisor's settings; 3 percentage points unless you change it.

WATCH OUT FOR

A narrow band means more trades and more costs; a wide one lets drift build further.

EXPLAINED IN

Rebalancing explained without the jargon

Educational content only. It is not personal financial advice.