Keeping the CI LifeCycle Portfolios on track
CI Multi-Asset Management is responsible for ongoing program management. In addition, the team draws on ongoing research and recommendations from SSGA as it reviews assumptions of the asset mixes, including volatility and expected returns, and makes adjustments as needed to ensure the portfolios continue to be efficient and forward looking.
CI LifeCycle Portfolios incorporate quarterly rebalancing and rolldown of the equity component. CI Multi-Asset Management believes that monthly rebalancing is too frequent and fails to capture momentum effects, while annual rebalancing leads to too much drift.