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If you're going to use a small-cap index like the Russell 2000, you may desire to pause and think about why a great index fund firm, like Vanguard, doesn't have any type of funds that follow it. The reason is since it's a poor index.
I have not even attended to the straw guy right here yet, and that is the reality that it is relatively uncommon that you in fact have to pay either taxes or substantial compensations to rebalance anyway. A lot of smart financiers rebalance as much as feasible in their tax-protected accounts.
And of training course, nobody must be buying crammed mutual funds, ever. It's actually as well negative that IULs don't function.
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