@resjudicata Yes, I remember that
Rebalancing does not concern me much, because I plan to rebalance by buying additional assets over time, not by selling the existing ones. Since I was going to buy something anyway, it does not make a difference if I buy 5 funds or 1, broker commissions will still be the same.
From the simplicity perspective - sure investing 100% in VWRP is much better and, probably, will give a very good result. But I really enjoy digging into portfolio construction, so why not give 5 factor a try