Stephen Chan manages an equity-only value portfolio on behalf of his client. He wants to ensure that the portfolio remains "true to label"; however, as he is ensconced in other activities, he cannot monitor the market daily. Suggest the most appropriate rebalancing strategy for Stephen to adopt.

Select one:

a.

Buy and hold

b.

Calendar Rebalancing

c.

Constant Proportion Portfolio Insurance

d.

Percentage of Portfolio Rebalancing

e.

Tactical Rebalancing