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I received an email abt the re-balancing of my Syfe Reits + account.
Today i did a computation to see what is running behind and discover so illogical rebalancing action been performed thus resulting to loss.
For example, for ARA, they purchased 148.69 units on 24 Sept to bump up the weightage which they target at 2.11%. but on 5 Oct they sold 11.67 units when the market is down? Why do that? Can't they just purchase 148.69 - 11.67 on 24 Sept itself? Rather then buy more and then decided to sell.
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