There will always be at least a small amount of cash in your account for operational/trading and fee payment purposes, sometimes for tactical risk management purposes, and sometimes for the purposes of funding systematic withdrawals (if applicable). We bill on this cash just as we do on the value of the securities in your account, as it is managed and coordinated as a component of your total account value. For investors that are taking systematic withdrawals from their account, cash from dividends and other income will be allowed to accumulate in the account to ensure the liquidity needed to consistently fund withdrawals. For investors that are not taking systematic withdrawals, any accumulated excess cash will automatically be reinvested at least quarterly, if not more often (depending on the account’s strategy and portfolio trading).