Q: Is the Transition Opportunity Scan Scheduler just scanning for opportunities?
A: No. The Scheduler not only scans but also evaluates the transition sleeve to see if positions can be liquidated within the available budget. If opportunities are found, it automatically generates those liquidations and reinvests proceeds into the target portfolio.
Key Point: The Scheduler is both a scanner and an executor — it identifies and acts on opportunities within the set budget.
Q: What happens when an account in transition is using the Scheduler?
A: The Scheduler automatically moves positions with losses and offsetting gains, up to the defined capital gains budget. If the budget is $0, no gains will be realized. Proceeds are reinvested into the target portfolio.
Key Point: The Scheduler respects the budget but market price changes between generation and execution can cause realized gains to differ from expectations.
Q: Can transition trade sets be reviewed before execution?
A: Today, no. Transition trade sets auto-flow into the rebalancer.