I have an HSA and I only get a small set of funds to choose from. The advice on creating an asset allocation is all over the site, but I had another question. My HSA also has three funds that are already divided into stock and bonds ratios. The aggressive one is something I would see as fitting my needs (80% stock/20% bond). I am debating between allocating my whole plan to this aggressive fund or making my own allocation with the same ratio out of the other funds. Looking at the expense ratios for these funds show that overall expense ratio for making each allocation is identical. Since it is an HSA, I also do not have to worry about transaction fees. The question is, is there an advantage to re-balancing the portfolio myself or should I allow the fund to maintain the allocation?
My instinct is that the fund will constantly re-balance the portfolio and as such may do it so frequently that it would harm my performance.
Also I am having a hard time coming up with a concise phrase to use while searching for the answer my question, so I apologize if there is already a thread about this type of question.