Asset Allocation Calculator
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Portfolio Tracker Pro's advanced asset allocation calculator handles everything from simple to advanced asset allocation. It will automatically get the classification for each stock or fund in your account(s), group the asset classes and calculate the allocation for each security in your account(s). It will display a target allocation that is close to the current value. If you have - such as a different IRA accounts - you can rebalance them as if there were one. Create a portfolio with those accounts and Portfolio Tracker will rebalance the entire portfolio.
Using the Asset Allocation Calculator
Start by entering the target percentages for each position in your portfolio. Portfolio Tracker Pro will then calculate how much of each position you would to rebalance your portfolio. It will also warn you if the total percentage does not add up to 100%. For mutual funds, the buy or sell is displayed as a dollar amount. For stocks and ETF, Portfolio Tracker will also show you the closest to get to that dollar amount, .
Portfolio Tracker Pro's asset allocation calculator makes r to make it intuitive to use. Each asset class has it own color. The percentage amount that each position varies from its target is shown in colors from green/yellow/red to illustrate which positions require adjustment. Buy and sell transactions are shown in different colors to help avoid confusion.
However, you may have some positions that are already close to the target, and it does not make sense to buy or sell that very small amount. Use the feature to set a minimum amount for the buy or sell to be included. Or if there is a buy or sell that you want to override, just insert an actual dollar amount and it will the calculated amount.
After you make changes, then the buys and sell may no longer offset each other. The feature will make the required changes to bring everything back into balance.
If you just to your account, as in a retirement account, then Portfolio Tracker Pro will use the cash as a position that should be sold off, and calculate which amounts to buy to bring everything back into balance.
If you have some securities that you don’t want to buy or sell (maybe you have some small amounts of some mutual fund from an old account) then you can include that security in your assets allocation, but tell Portfolio Tracker Pro that it should not be bought or sold.
After you have everything the way you want and start entering buy and sell orders at a brokerage you can use the 'Done' checkbox to indicate which transactions have been entered. The transaction will be shown as completed, thus helping you avoid mistakes. The actual amounts to buy and sell are formatted without commas or dollar signs so that its easy to directly into your brokerage web site screens. And both the security name and security symbol are displayed and can also be copied to transaction forms to help prevent errors.
The table is sortable by any column simply by clicking the header, widths are adjustable, and columns can be dragged to change the order of columns. The entire asset allocation rebalance calculator data can also and pasted into a spreadsheet such as Microsoft Excel, or to be read by another application.