Asset allocation view

We are pleased to announce the addition of an Asset Allocation view in Portfolio Lab. In this view you can analyze the asset class breakdown of your portfolios based on robust ETF and mutual fund data licensed to Kwanti by Morningstar.

 

 

Portfolio Lab uses 12 asset classes, including 5 for stocks and 4 for bonds. The main features are:

  • pie and bar chart views
  • a grid view – exportable to Excel – with contributions of each position
  • a comparison function for the asset allocation of two portfolios side-by-side

You can drill down this asset allocation data in many ways. For example, display the asset allocation for each position in the asset profile view, as shown below:

 

 

Finally, the asset allocation view is included in the PDF report, with optional side-by-side comparison against a model portfolio or any other portfolio.

For more information, please refer to the user manual.


Increased limit for portfolio size

We raised the limit of positions per portfolio to 100. This is effective immediately for all subscribers. We plan to raise this limit again in the future as we upgrade the capacity of our servers.

 

 


Portfolio notes

Attach text notes to your portfolios using the Edit->Notes menu in Portfolio Lab as shown below. The notes are saved with the portfolio using the same privacy and encryption processes used for the portfolio positions data.

As a convenience, the first line of the notes is displayed in the porfolio list view.


Personalize: your name in the title bar

You can display your name or your firm’s name in the title bar of the Portfolio Lab window. Click on the title bar to open the global settings, type your name then ‘Update’.

 


Portfolio yield

In periods of uncertainty about economic growth, investors may favor dividend producing assets in their portfolios. Recently we added views to chart the distribution history of individual assets. Today, we show how this extends to the portfolio level with the portfolio yield metric.

The portfolio yield is displayed in the Stats view of the Backtest:

 Portfolio Yield

The details of the calculation are accessible by clicking on the icon. The calculation is in three steps:

  • The yield is calculated for each asset as the sum of all dividends in the last 12 months, divided by the current price of the asset (e.g. ‘current yield’)
  • The asset yield is multiplied by its weight in the portfolio. This represents the contribution of the asset to the portfolio yield. For example, if an asset has a yield of 5% and the asset represents 10% of the portfolio, the contribution of the asset to the portfolio yield is 0.5%.
  • The portfolio yield is the sum of the assets yield contributions.

In other words, the portfolio yield is the weighted sum of the assets yields.

The details window contains a pie chart of the asset contributions to the portfolio yield, as well as the option to export the results to Excel:

 

Portfolio yield contributions

Note that the yields are based on the distributions of the last 12 months and the current price of the assets. Going forward, the yields may vary based on changes in future distributions and changes in the asset price.