Trial questions

[larssan]

Hi,

I'm currently trying out the advisor version.

The main reason for using a fund management software for me would be to reduce the amount of manual work for tracking client progress etc.
There are a lot of nice features but there is one thing that I don't understand.

Let's say I have 10 clients in my fund, do I need to enter each trade as a separate one for each client ?

As I do it today I just split the investment P&L between the clients...

So for instance if I buy and sell 14 futures contracts and loose $5000, that would mean each client lost $500.

I can't see how I could split 14 contracts between 10 clients if it's needed to enter them one by one..


Regards, Lars

[Mark]

Hi Lars,

Despite its name, Fund Manager is not really for managing a mutual fund. It is for managing portfolios, where each portfolio is fully owned by a particular client. It works by tracking each client's portfolio separate, not a shared pool of investments, where each client owns a percentage. In the portfolio management case you would buy a specific number of shares for each client, and record this transaction for each client.

[larssan]

Thank you for the quick response.

Is there a way for copying portfolios or what would be the best way to enter trades for multiple portfolios?

Regards, Lars

[Mark]

Hi Lars,

If you have your executed transactions in an electronic format, the easiest is to import this file. It sounds like you may be doing a single trade and then manually dividing that up among all your clients? If so, you can use copy/paste in the Data Register, assuming all the trades are for the same shares/amount. Once you enter one trade, you can select it, right mouse click, and choose "Copy". Switch over to another client's investment, right mouse click and choose "Paste".