If you are phasing funds into a model over a period of time, we would recommend that you use one account for the cash element, and a second account for the model, and then move the cash across internally at the required intervals. The cash movement must be done manually, but it is quick and easy to do via the platform. Simply go to the client’s record and click on the internal movement tab, then the follow the journey there. 

It is not possible to ringfence funds within an account so by having a standalone account for the model investment, you prevent all of the cash being swept up by a rebalance. Also, the DFM fee is calculated using the value of the account that is linked to the model, so by keeping them separate, the client will only pay a DFM fee for the funds that are invested in the DFM’s model.

If you are phasing funds in to funds outside of a model, this would also need to be done manually, but it can be done within one account. You would go to the relevant account holding the cash at the require intervals and then select ‘invest’ from the actions menu.