Hello,

I hold a couple of different asset allocation ETFs (VGRO and VBAL). I am trying to figure out how or if I can get the proper asset allocations in the app.For VBAL, I have it currently showing like this: Global Equities 60%, Global Fixed Income 40%. (which is technically correct but only on a high level)

What I would like to be able to input is the complete breakdown of this fund: IE US Equities 28%, CND Equities 18%, Global Equities 11%, Emerging EQ4% CND Bonds 23%, US Bonds 8%, Global Bonds 8%

Is this possible? Am I missing something?

Thanks

Dan

Yes, for ETFs and Mutual funds, you can select more than one asset Type and Location.

When you first entered the funds, or they came in from Wealthica, we assigned default values based on the information we have from Fundata for what category of fund it is. You can change that default by editing the investment. You'll see two multi-select boxes: one for asset types, and the other for asset locations.

For Asset Types(s) you can choose one or more from Cash, Fixed income (ie bonds), Equities, Alternative investments. There are also Balanced and Target-date types you can choose from, but if you choose either of these, it will ignore any of the other choices. VBAL and VGRO are Balanced funds by default.

You can then combine that with a mix of Asset Location(s). You can pick one or more from Canada, the US, North America, Great Britain, Europe, Japan, China, Asia Pacific, Emerging Markets, International, and Global.

So for VBAL, you would choose Equities and Fixed-income for the Asset Types, and US, Canada, Emerging, and Global for Asset Locations.

That's 2 types and 4 locations so 8 asset classes.  When you click Save, a table appears for you to enter the target for each asset class:

It will look like this:

I filled out the table for you with the numbers you gave, but on the forum post, the changes don't stick for some reason.

Just fill it out as you want in the app, and always remember to click Save and Continue.

Thank you for your detailed response. I was able clean up and properly allocate my asset allocation ETFs.

I have 2 Crypto ETFs that I am having similar issues with. (BTCC.B and ETHX.B). They are currently tagged as "Canada Other" for allocation type, and when I edit the ETF, Crypto is not an option. How can I get these listed as Crypto?

For reference, my seperate crypto accouint that holds actual crypto is all properly tagged as Canadian Crypto for Allocation Type.

Thanks

Crypto is included in Alternative Investments (shows up as OTHER).

Let me think about adding it as a separate asset class in funds and portfolios. I was already thinking of adding Preferred Shares as a separate asset class, as that has also been often requested. We get all kinds of investors.

Why does it even matter? For rebalancing accounts to their target asset allocations, to allow you to set rates automatically according to asset allocation, and for the app to set the default rates when new investments are imported from Wealthica.

Stay tuned.

Thank you, I think having Crypto and Prefered Share added as asset classes is a great idea

Crypto and Preferred shares have now been added as asset classes. Announcement tomorrow.