Trying to Rebalance Self Select Pension

m0ssim0

I'd really be grateful if anyone can provide any guidance on the following problem. My work pension is via Fidelity and I've chosen to go down the self-select route rather than the lifestyle option. My portfolio consists of a number of different funds, some via different fund houses, for example Fidelity Blackrock US equity index fund. I need to review my asset allocation and rebalance my portfolio however I'm finding this a bit tricky because some of my funds invest in more than one asset class. I thought Morningstar's X-ray tool might help but I'm struggling to find all my pension funds when I search for them on this platdorm. This is despite inputting the ISIN and SEDOL Reference allocated to them. Why doesn't Morningstar recognise these? The constituent parts of each fund making up the overall portfolio means that manually going through the different funds working out the proportional asset split and then attributing this to the amount the fund contributes to my portfolio means keeps track of my asset allocation is proving tricky. Am I over complicating things or is this just one of the disadvantages going down the self select route? Is there any easier way to get a clear picture of your overall asset allocation? Is there any online tools or software which can help you with this? Any help or pointers would be appreciated. Thanks.

bostonerimus

How many funds do you own. All you have to do is to sell the winners and use the proceeds to buy the other funds to get back to your original allocation. I would not be worrying about the underlying assets in the funds too much. If you can't work out how to rebalance then you either need fewer funds so that it's simpler or to go back to a multi-asset fund where rebalancing is done for you.

AnotherJoe

Yes you are over complicating things, do what B said.