Yes, Vinovest may occasionally sell wine at a loss during a rebalance, and this can happen for a few strategic reasons. For example:
- Tax Optimization: Selling at a loss can offset gains from other rebalances within the same calendar year, helping to reduce your overall tax liability.
- Risk Mitigation: If unforeseen market risks arise—such as new tariffs affecting a region or changes in winery ownership—we may sell to prevent potential further losses.
These decisions are always made with the goal of protecting and optimizing your portfolio’s long-term performance while maintaining a proactive approach to risk management.