Upgrade to ver.11 - Encryption - Multicurrency's

[nebfinfm]

For the last three days I am studying FM and I'm impressed. I will certainly buy it, but now I have first three questions (I'm sure there will be more) :

1. I understand that FM ver. 11 will be released soon. If I now buy ver. 10.9 will be the upgrade to ver.11 free or how much it will cost?

2. Right now I have the evaluation FM 10 installed on standard C:\Program Files (x86)\Fund Manager. For security reasons I have on my computer virtual disk drive (G) which is decrypted / encrypted every time the computer is turned / off. I would like to have located the FM program + data on this VD or alternatively on external disc. Is it possible?

3. How would you suggest to structure portfolio hierarchy with 3 brokerage account in 3 countries each denominated in local currency (USD CHF CZK). I would like to view the master portfolio and the 3 main sub-portfolios in any one of above currency. If I understand correctly I can have only one currency default cash account.

Regards and thanx.

nebfinfm

[Mark]

Hi nebfinfm,

Thanks for your interest in Fund Manager. I expect FM 11 will be released very soon. Anyone purchasing or upgrading to 10.x now will receive a free 11.x license. The policy is anyone buying 10.x within 60 days of the 11.x release receives a free upgrade to 11.x.

I would suggest leaving Fund Manager installed in the regular location on your C: drive, and just storing the data over on your G: drive. If you manually create investments, you are prompted for where to save. If you are automatically creating like when you retrieve/import, there are "New Investment Options..." where you choose the location of the investments.

The sub-portfolio hierarchy could look like this:

Code: Select all

- Master
   - Acct 1
   - Acct 2
   - Acct 3


You are correct, you can only have 1 default currency. One possibility you may consider is to set up your 3 currencies, such that none are the default currency. Put them in positions 2-4, and then you can adjust your default to be whatever you want. As you adjust your default, you would of course need to switch the exchange rate settings too. This gives you the flexibility to view all investments in more than 1 currency.

[nebfinfm]

The speed of your reply is unreal - thanx. It is not clear how to " ... switch the exchange rate settings...."

[Mark]

Hi nebfinfm,

You set the exchange rate settings under "Options / Currency Settings...". For example, if you have currencies A, B, and C. Enter these under the 2nd, 3rd, and 4th rows. Now, you can make the default on row 1, either A, B, or C, and adjust the exchange rates for rows 2, 3, and 4 appropriately. This way, you can view everything in any of the 3 currencies, as you originally requested.