Each customer determines his or her personal strategy in the onboarding process. This defines how the assets are distributed across various asset classes and regions (e.g. 10% equities in Switzerland). As a result of movements in the financial markets, the effective distribution of assets may differ from the defined strategy (in case of good Swiss equity markets, for example, the Swiss equities share may increase to 12%). The automatic rebalancing checks these deviations once a month in the first rebalancing of the month and, if necessary, returns the client’s assets to the defined strategy. Deposits, transfers and strategy changes will be invested or implemented weekly.