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Private funds/partnership and real estate

General questions about using Fund Manager that do not fit into any other forum.

Postby cclow » Mon May 16, 2011 2:13 pm

Do you have any plans to add support for tracking investments in private partnerships (incl hedge fund) and real estate investments?
cclow
 
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Postby Mark » Mon May 16, 2011 2:16 pm

Hi cclow,

You can track these now as a generic investment in Fund Manager. Since these investments typically do not have a share price, keep the share price fixed at 1. All transactions are done at a price of 1, and the closing price stays fixed at 1. If you get a monthly statement that says you gained X in the last month, record a reinvested distribution for X shares at a price of 1. X can be positive for a gain, or negative for a loss.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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