To create a portfolio, use the New button in the All Portfolios view:
There are two kinds of portfolios:
- Model portfolios
- the positions are defined by weights (%)
- weights remain the same until you change them
- the portfolio has no specific value
- useful for hypothetical portfolios and historical tests
- Real portfolios
- the positions are defined by number of shares
- weights are calculated every day based on the end of day value of the positions
- the portfolio value is calculated
When creating a new portfolio, you decide the type of portfolio (model or real) as shown below:
Later, you have the option to convert a model portfolio to a real portfolio, and vice-versa, through the Edit menu.
Under combinations you have two options to choose from.
Blend: a combination of model portfolios with a percentage weight for each model
Group: a combination of client portfolios for a household view.
Importing portfolios
Portfolios defined in other systems may be imported into Kwanti. Refer to the Import Data section for more information.
Adding Folders/Clients:
Folders serve as a simple organizational tool with no additional functionality beyond categorization. They are most effective for grouping models but do not offer any specific client management features.
Clients are designed to provide a more robust organizational framework for advisors. With Clients, you can:
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- Create and store both current and proposed portfolios.
- Establish a Risk Profile for each prospect/client, which can be used to compare to the Risk Profile of a portfolio/model and generate investment policy statements.