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Re: Accurate overlays and performance reports

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Posted by Mark on January 27, 2005 at 09:36:30:

In Reply to: Accurate overlays and performance reports posted by Wesley on January 27, 2005 at 07:00:04:

: Hi Mark

: Could you please advise on a question about portfolio overlay comparisons..

: In my portfolio I keep an investment which I want to use as a benchmark. It is a fund in which I have not invested.

: This benchmark fund makes distributions periodically which I have to record if I want meaningful comparisons with my portfolio.

: But the thing is, once I record distributions for the benchmark, my Portfolio Performance report is then affected - it is inaccurate because of these distributions (I haven't received them, they're only there for comparison purposes).

: How can I achieve both these aims.. a meaningful comparison for my portfolio, and an accurate portfolio performance report?

: Thanks for help.


Hi Wesley,

There are 2 different ways you can accomplish this:

1) Don't own any shares of the benchmark investment. When you record the
distribution, record it for a Value of $0. You will be prompted for
what distribution/share to use, since you don't own any shares. Record
the correct (non-zero) dist/share.

2) Place any benchmark investments in their own sub-portfolio, not
included in the portfolio you want the accurate report for. For example,
you could have this:

Top Port
|
- - - > Indices
|
- - - > My Port

That way, when you create the portfolio performance report, create it
for the "My Port" sub-portfolio, and it won't include any of the
benchmark investments in the "Indices" sub-portfolio.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003


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