Home → Investments →

Security attributes

• Edit

tguny

13 Apr, 2017 03:34 PM

MD requires securities to be added to an investment account after being created generically via tools. However, it seems that further attributes such as type (stock, mutual, et.) and subtype (which can be user-defined and follow for example Morningstar categorization) have to be defined within the account where the security has been added (Edit Security feature within the account) and are not recognized as general attributes valid for whichever investment account the security is being held in. Those attributes are not replicated across other accounts where the security might be held as well. This makes no sense at all. Please advise.

1. 1 Posted by derekkent23 on 15 Apr, 2017 08:03 AM

   

   For me the ability to set subtypes within an investment accounts is important. I have two accounts, one is tax exempt, and the other I pay tax on. In the UK, each year you get a tax free allowance called an ISA (Individual Savings Accounts). I use this allowance to purchase Securities. For example I might purchase shares in say “BlackRock Continental European Tracker Class H Acc”. Some of these shares would be within an ISA. In the tax free investment account this Mutual fund would have a subtype of “Europe ex UK (ISA)”. In the taxed investment account this Mutual fund would have a subtype of “Europe ex UK”. Thus when I use reports, for example “Asset Allocation” I get a clear breakdown of the type and subtype, the tax free subtype ending in (ISA).

   See below

   • Asset_Allocation_with_sub_types.PNG 36 KB
   • Edit

2. System closed this discussion on 15 Jul, 2017 08:10 AM.