Copying and merging accounts
Select the accounts from the dropdown list, and all investments from those accounts will be copied into a MOCK account. The number of investments in each account is shown in parentheses
If you have investments with the exact same name in more than one of the accounts selected, these will be merged into one, that is the value, shares and book value of the investments will be added together. Yields and fees will be selected at random from one of the identical investments, so you may want to review the resulting investment in the MOCK account. All the "Cash" investments of the same currency will be merged this way.
This functionality is mostly useful to get a rebalancing recommendation over several of your accounts.
You can "Edit Allocation" of the MOCK account to set the target asset allocation you want and then get a rebalancing recommendation using our rebalancing tool.
BE CAREFUL:
The rebalancing tool used on the MOCK account will not consider the origin of the investment. So if you merge a TFSA with an RRSP for example, it might tell you to sell an investment from the (originally) TFSA and buy one in the (originally) RRSP without consideration for deposit limits and tax implications. A similar problem arises if you merge your and your spouse's accounts. The rebalancing tool assumes all transactions are legal within the account.
Remember that MOCK accounts are ignored in the TIME MACHINE.