In previous chapters, we have discussed how to construct portfolios through the use of asset allocation, the selection of investment managers and choosing tax efficient structures. This is not the end of the investment process, however. You need to monitor regularly the performance of your investments to ensure the managers and asset allocation continues to meet your objectives and risk profile on an ongoing basis. It is important to rebalance your portfolio regularly as well so it retains your strategic asset allocation because this is designed to meet your long-term objectives.