Tutorial

Tutorial: Asset Groups

December 29, 2023

Note: Specific investments described herein do not represent investment decisions made by Global Predictions. Specific securities or forecasts referenced or displayed in graphics provided herein are for illustrative purposes only.

Discover how to effectively use the Asset Grouping functionality in PortfolioPilot with this easy-to-follow guide. Asset grouping allows you to organize groups of investments you want to manage with different investment strategies into distinct categories, each with its own risk profile.

Note, we believe that the best practice for managing your portfolio is altogether as one “Aggregated portfolio”, allowing you to optimize globally and think about risk holistically. That being said, we know that each person’s situation is unique and have added this Asset Grouping functionality by popular demand.

Turn on Asset Groups

By default, your view is Aggregated portfolio and the Asset Groups feature is turned off. Under Settings -> Investment profile you can turn on the Asset Group functionality by changing your “portfolio management approach”. To start with, you will have two groups created - one group will all of your portfolios, and another group that is empty for you to add to.

Create an Asset Group

Customize the properties of your securities to better reflect your perspective, fix a specific issue, or fill in missing data.

  1. In the Net Worth page, navigate to the Groups tab
  2. Press “Create new group”
  3. Assign group name and risk preference
  4. Drag and drop relevant portfolios into the group

Switch Views

Toggle between your Aggregated Portfolio, Asset Groups, individual portfolios, and Draft Portfolio views and analyses at the top of the left side menu.

Other Notes

  • Each new portfolio added will be assigned to the first asset group
  • Any changes you make in the Groups tab don’t impact your connected account (i.e. you are free to delete a group without issue)
  • Non-security net worth items cannot be added to asset groups (yet)

By using the Asset Grouping feature, you can create a more nuanced and personalized approach to managing your investments. This allows you to align each segment of your portfolio with specific financial objectives, ensuring a tailored and effective investment strategy.

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This website is for informational purposes only and does not constitute an offer of investment management or investment advisory services by Global Predictions, Inc. (“Global Predictions”), and may not be relied upon in connection with any offer or sale of securities or other assets. Nothing on the website is intended to be, and you should not consider anything on the website to be, investment, accounting, tax or legal advice.

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