Using Portfolio Groups
Portfolio Groups are a powerful way to organize and manage your various investment accounts and can help you better understand your investments across multiple portfolios. They can be employed any time you want to see the combination of 2 or more individual portfolios. They consolidate the holdings and totals of individual portfolios into one large, virtual portfolio.
When you select a Portfolio Group in the Folders view (left-hand side of the StockMarketEye window), you’ll see something similar to the following screenshot.
You can switch between the various views of the group portfolio by clicking on the "Totals", "Prices", "Fundamentals" and "Reports buttons in the toolbar. Clicking on the “Get Quotes” button will refresh the quotes for all portfolios and sub-groups contained under this group.
The Totals view shows a summary of the totals for each portfolio and sub-group contained in this group. The top line of the view shows the totals of all contained portfolios and sub-groups. Each contained portfolio and sub-group is a separate line below the top Total line.
Just as in a file browser, the contained portfolios and sub-groups are shown in a “tree” structure. Each portfolio and sub-group is indented below the top Total line. As a group can contain other sub-groups, which themselves contain other portfolios and sub-groups, each level of the tree is indented further to the right.
You can add, move, and remove the columns shown in the Totals view, as you would for any other view in StockMarketEye. For a full explanation of how to configure the visible columns, please refer to the section, Configuring Columns.
Combined Portfolio (Prices and Fundamentals Views)
The Combined Portfolio consists of the “Prices” and “Fundamentals” views. It is a virtual portfolio that combines of all individual holdings from the contained portfolios and sub-groups.
The Prices and Fundamentals views are very similar to those from a standard portfolio, but you can not buy, sell, modify or add any other type of transaction. The columns of the Prices and Fundamental views can be configured, just as they can in a standard portfolio.
You can also add Investment Categories to the combined portfolio.
The Reports section allows you to run reports using all transactions from the contained portfolios and sub-groups.
The types of reports available are the same as in a standard portfolio:
- The Transactions Report
- The Summary Report
- The Gain/Loss Report
- The Back-in-Time Report
Note that the Transactions Report in the Portfolio Group does not allow editing of transactions. To edit transactions, you must open the Transactions Report of the specific portfolio that holds the original portfolio and edit them there.
Creating A Portfolio Group
1. Use the menu, Portfolios -> New Portfolio Group...
2. On the “Portfolio Group Properties” screen, in the "General" tab, add a Portfolio Group Name and optionally a description.
On the "Portfolio Group" tab, you can change the currency and benchmark symbol used by this group. The currency selected here determines what currency is used in the Combined portfolio's Total line as well as for the totals in the reports.
3. Click the "Apply" button in the upper right-hand side of the StockMarketEye window to add your new Portfolio Group.
Managing Portfolio Groups
You can use your Portfolio Group by moving individual portfolios and other groups into it. Drag-and-drop groups and portfolios in the Folders view to arrange them to your needs. Only the top “Portfolios” item can not be moved or deleted.
Deleting A Portfolio Group
A Portfolio Group must be empty before it can be deleted. If it contains any individual portfolios or other groups, they must be moved out or deleted before the group can be deleted.
1. Select the empty Portfolio Group in the Folders list on the left-hand side of the StockMarketEye window.
2. Right-click (or ctrl-click on Mac) on the empty group to access the context menu, then select Delete Portfolio Group...
3. Confirm that you want to delete the group, but clicking on the "Yes, Delete!" button.