Target weights, actual weights, and the gap.
Positions refresh on their own. Each sleeve carries a target and a tolerance band, so you can see what has drifted before deciding whether it is worth acting on.
Portfolio
What you get
- Target and actual weights per sleeve, with a tolerance band on each.
- Drift surfaced when it crosses the band, not on a fixed calendar.
- Live positions from brokerage feeds, marked as feed-written.
- Across currencies and across accounts, as one portfolio.
| Target | Actual | Drift | |
|---|---|---|---|
| Global Equity | 55.0% | 61.4% | +6.4pp |
| Fixed Income | 20.0% | 15.8% | −4.2pp |
| Real Assets | 10.0% | 9.6% | −0.4pp |
| Private & Co-Invest | 10.0% | 10.4% | +0.4pp |
| Cash | 5.0% | 2.8% | −2.2pp |
| Total | 100.0% | 100.0% | |
Drift is information, not an instruction
Highwater shows what has moved out of band and what rebalancing back would cost. It does not tell you to trade, and it cannot place one — connections are read-only, and this is a planning tool rather than a regulated adviser.
The portfolio is part of the balance sheet
Positions are not a separate world. They roll into the same statement as everything else, so a drawdown shows up in your net worth and your runway at the same time it shows up in your portfolio.