Cash Investment for multiple contributors

[Yemi]

Hi Mark,

I am running a money market portfolio for a company. It is for the pension contribution for employees within the company. Each staff makes a monthly contribution to the main portfolio and the bulk sum is invested in a money market product. I just downloaded your software and I would appreciate a heads up on how to set it up to manage such an investment.

Some key questions I have are:

1.How do I link the individual contributions from the sub-portfolio to the main portfolio??
2. How do I add to the monthly contributions in each portfolio such that it adds up to the main portfolio.

At the end of every month, I would periodically update the main portfolio with new valuations and would expect that the subportfolios portfolio values would add up to the new valuations based on contributions.

I also expect to be able to generate client statements for each sub- portfolio as well as the main portfolio.

Regards.

[Mark]

Hi Yemi,

Fund Manager isn't designed for something like this, where you have invested pooled money. Despite the product's name, it isn't for managing a mutual fund. It is for tracking fully owned investments. The valuation of the higher level sub-portfolios are simply a combination of all the included lower level ones. A typical scenario is something like this:

Code: Select all

- Manager Business Name
  - Client 1
    - Acct 1
    - Acct 2
  - Client 2
    - Acct 3
    - Acct 4

where the account level sub-portfolios contain fully owned investments. You can then report at the account, client, or whole combined holdings level.