Edit Investment

Please enter the allocation type(s) and geographic location(s) of the investment. The default values selected are based on the investment type, and for investments with Fundata information, the fund name and category, but you should review those. If the investment has a mixed allocation (more than one entry selected in either the allocation place or type), such as a balanced or target fund, you will be asked to enter the proportion allocated to each asset type in the next screen.

You will need to provide an estimate of the yearly returns for the investment. The returns should be actual expected returns, before tax. Below in Fees you will be able to set where the rates were discounted by MER fees or not. You will need to enter the expected yearly rate in capital appreciation, capital distributions, return of capital, dividends, and income separately, so taxes can be properly calculated in the TIME MACHINE. The sum shall equal your total return. For registered accounts, those returns are not taxed but withdrawals may be treated as income depending on the account type.

For investments for which we have obtained a price history, the recent yearly return is shown in the tooltip.

Be reasonable with your required return rates. Think long-term rates of return for this investment or one you might replace it with in the future. Please see the link below for rate of return projection guidelines.

The entered yields should be the currently expected yields. They will act as a default, but you will be able to change them for the future in the RATES/YIELDS/CURRENCIES section. If a yield is not relevant to your investment, just leave the entry empty (rather than setting it to zero), and it will not appear in the RATES/YIELDS/CURRENCIES table.

For Target Date funds, enter your expected yields at the current asset allocation of the fund. Returns will be automatically adjusted with the automatic adjustment of asset allocation in the TIME MACHINE.

It is not recommended to Check to opt-out this investment from the 'Change expected rates of return for all investments by their asset classes' tool, and the switching to long-term rates feature. If checked it will prevent the rates entered to be changed by the app's features listed.

You can chose whether distributions are reinvested. This decision should line up with what you have instructed your broker/advisor or what you yourself plan to do with distributions from the investment.

You can enter fees for buying and selling the investment in the account’s currency (the currency of the “Cash” investment of the same account), if the investment is in a brokerage account charging a flat fee per trade. You can also enter them in percentage terms in the case of, for example, a mutual fund load.

For ETFs and mutual funds, you can also add a Management Expense Ratio (MER). The MER corresponds to the total cost of managing and operating the fund, expressed as a percentage of the fund’s assets. It is charged indirectly to the investor by reducing the returns.

Fund returns are always reported by the fund after deducting the MER. We ask if the expected rates of return have not already been reduced by the MER. If you check the box, then the MER entered will reduce the expected yields you entered in the TIME MACHINE. Leave the box unchecked if you do not want the returns to be reduced by the MER. In either case, you will see an estimate of the fees paid in total for each account in the year reports of the TIME MACHINE. The fees shown will also include the fees for buying and selling the investment that you entered here, as well as any account maintenance fees that you entered in the “Cash" investment for the account.

This refers to the perceived risk of the investment (on a scale of 1 to 20, with 20 being the highest risk that you would be willing to take). All investments are risky, to some degree, and risk should be compensated. We want to make sure that your risk/reward profile makes sense. If available, the tooltip shows a rank based of the standard deviation over the last 3 years. This is one way to estimate risk based on how much the investment price has swung around daily in the last 3 years.

We developed and calculate this 1-20 ranking for all the funds and stocks we track using historical prices from FUNData.

This shows most mutual funds and ETFs range 1~10, regular stocks ~10~15 and penny stocks ~15~20. You can use this scale if you like, but you don't have to. Your maximum risk value of 20, could be for a fund that corresponds to a 5 or 10 on our volatility scale, that's ok, and it's ok to not invest in individual stocks, just try to be consistent with your scale when enter your risk for different investments. Further features for analysing your portfolio with this data will be implemented in the future.

Mock investments

You can set the investment to be ignored in the TIME MACHINE. This is useful to run scenarios with portfolios of different investments you are considering. Ignored investments will still have their values automatically updated with FUNData or Wealthica when applicable. Ignored investments will not contribute to net-worth calculations. Changing the investment composition of an account may also change it’s current asset allocation, so you may be required to edit the account’s target asset allocation to be consistent with the investments that are not ignored (see below).