Asset Allocation

[paulk1]

I have just installed the program and retrieved two accounts (one each from Fidelity and Schwab). All the investments seem correct and the reconciliations were clean. My question, which is clearly naive, is how does FM assign asset classes to investments? All my retrieved investments are showing up as large cap stock; these accounts include other size equities, bonds and cash as well as large cap stocks.
Do I need to manually input asset classes? If so, how?
Thanks for your help
Paul Krusa

[Mark]

Hi Paul,

Fund Manager doesn't automatically set the asset type or investment goal. You need to do this manually if you'd like to utilize that capability. You can define your category names under "Options / Category Labels...". Once you've decided on the categories you want, assign your investments to them. You do this in the "Investment Properties..." dialog. Right mouse click on an investment, and choose "Properties..." to open up this dialog. See the "Asset Type" and "Investment Goal" tabs to make the assignments for this investment.