Fidelity Investments - Cash Acct Retrieve Issue

[ssuravarapu]

I have a brand new Fidelity investments account with all dollars in cash account (FDRXX). [I did not trade any stocks yet]. Account connects fine with FundManager but I don't see the balance from the cash holding. Currently my sub-portfolio related with this account is showing no balance!

Any pointers on how to go about?

Thanks!

[Mark]

Hi ssuravarapu,

How did you set up your account? Did you use the New Portfolio Wizard, and retrieve "Transactions and Positions"? Did you see an option to select a default cash account and select it?

[ssuravarapu]

Mark,

Under Default Cash Account -- this cash reserve FDRXX will not show up as it is not in the Fund Manager yet. Am I missing something here?

Thanks!

[ssuravarapu]

Hi ssuravarapu,

How did you set up your account? Did you use the New Portfolio Wizard, and retrieve "Transactions and Positions"? Did you see an option to select a default cash account and select it?

Hi Mark,

I just tried giving it another shot by creating new Portfolio (sub-portfolio under master). Default Cash Accounts drop down shows "None". That's understandable because FM does not know about this new cash account (FDRXX). It connects fine with my credentials but the cash account is not shown

[Mark]

Hi ssuravarapu,

It sounds like you are manually creating your own sub-portfolio, and not using the New Portfolio Wizard to retrieve "Transactions and Positions"? If so, that is fine, you can do it that way, but you can only retrieve "Transactions" this way. If there is no transaction history of a deposit into your default cash account, you will need to create this new investment manually, and then assign it as your default cash account. To do this manual approach, right mouse click on your sub-portfolio, and choose "New Investment...", create your FDRXX cash investment, and then in the properties of the sub-portfolio, you can then assign it as your default cash account.

[ssuravarapu]

Got it, you rock! Thanks for your help. I just did the automated "New Portfolio" wizard from File menu.

[erum]

I have an older version (9.6) that doesn't have a file option for "Set data location" under File Operations. Assume that comes in a newer version?

[Mark]

Hi erum,

Correct, that feature was added in current the 12.x versions.