Question on following Designer Models

Models
1

Does subscribers to Designer Models follow the model’s exact holding or its rules?

I ask b/c rules that determine my model’s holdings depend on transaction costs and disfavor turning over illiquid positions and positions that incur capital gains and wash sale taxes. In turn, transaction costs are a function of capital allocated. Thus, two starting points of initial capital and dates could result in different holdings.

I feel these considerations are essential to intelligent capital allocation, so I would prefer that subscribers follow the rules vice the holdings.

Can anyone enlighten me?

2

I’m afraid I fail to see the distinction since the rules determine the positions. Following a designer model is very much like following a live portfolio. You’ll get an e-mail every Monday morning telling you which positions to sell and buy. Or if you follow it in Invest, you’ll get a “Rebalance” signal every Monday morning and the transactions will be clear once you press that button. Set up a live simulation and follow it in Invest if you want to see exactly how that works.