Asset Increment

The Asset Increment investability constraint smooths the asset allocations by rounding allocations. Entering 1% as the asset increment results in asset allocations rounded to the nearest whole number. Entering 2% results in asset allocations rounded to the nearest even whole number. The effective threshold is the minimum multiple of the increment that is greater than or equal to the threshold. For instance a 2.5% asset threshold when the asset increment is 1%, results in a smallest possible allocation of 3%. Asset increments can be saved as part of a constraint set.