Your SMSF Portfolio Online Service
Online Investment Portfolio Management System
YOUR PORTFOLIO ONLINE is an online investment portfolio management system which is included in our admin package FREE! You choose your own broker an the system will do the rest. It has accounting strength tax reporting and sophisticated CGT processing at its core, making it simple to maximize after-tax returns on your portfolio. This system collect s all trades from your executing parties and produces all the financial reporting required, as well as all the tax data needed to complete a SMSF regulatory return.
YOUR PORTFOLIO ONLINE is available 24/7 where ever you are able to connect to the web. DESKTOP VERSION & LIVE PRICING IS HERE!
No commission or asset based fees! This service is included in Your Super Admin packaged fee!
YOUR PORTFOLIO ONLINE does not just limit you to management of equity holdings; it can service any asset in your SMSF portfolio. Managed fund data is updated automatically including distributions and revaluations. Personal assets (property and collectibles) and service assets (internally managed syndicates) are inputted manually by us.
YOUR PORTFOLIO ONLINE transcends traditional wrap and master trust platforms with superior tax and investment reporting features and management functionality. The flexible real time access allows you to log-on and view all of Your Portfolio's holding's at any time. This service is all part the Your Super Admin package.
Access to YOUR PORTFOLIO ONLINE is also available as a separate servicing offering, for all types of portfolio structures, Individuals, Joint/partnership accounts, Company & Trusts, at a low flat annual fee. Email admin@yourportfolioonline.com.au for further details.
Trading transactions for listed securities are updated directly from your executing broker whereby we ask to be copied in on all trades by email. ASX corporate actions are added automatically, as are all distributions for managed funds. Other securities can be serviced by our administration team.
All listed securities are revalued daily including a variety of debt instruments and managed funds.
SMSF Portfolio & CGT Position Reconstruction
To generate meaningful reports, full SMSF portfolio history needs to be rebuilt and matched against the portfolio's current holdings. To make this onerous task easier, YOUR PORTFOLIO ONLINE has advanced tools to help reconstruct SMSF portfolios and capital gains tax details.Tax free, tax deferred and distributed CGT income components are taken into account when calculating CGT positions.
A once of setup fee of $220 is charged for this reconstruction. This includes all non-serviced assets supported by the live pricing feed as well as all service assets (unlisted assets), like property & private company holdings. Our system can cater for all types of compliant assets including international holdings.
Daily Position Roll forward & Revaluation
Once your SMSF portfolio has been reconstructed, it will be kept up to date by rolling forward every day. During this processing, new transactions and corporate actions are applied to each portfolio, automatically. No need for you to enter any transactions.To ensure this works seamlessly we will request an authority is given to the executing stock brokers to send copies of contract notes. We would request you ask your managed fund provider to also send us copies of any transactions if possible. For all non listed assets these can be sent by the trustee by email. All this will ensure that Your Portfolio Online is kept constantly up to date.
The investment portfolio management system will link to partnered cash facilities which automatically updates the cash book function which will reconcile trading activity. All bank provider data is able to be uploaded via a CSV template .
Optimized CGT Processing
To improve the after tax performance of your SMSF portfolio, three phase CGT optimization process is used:1. Method selection - discount method or the indexation. The system will automatically choose the most advantageous method.
2. Parcel Selection - purchase lots can be allocated against sell transactions using specific parcel allocation:
- Minimize Gain - choose parcels to delay gains
- Maximize Gain - choose parcels to accelerate gains
- Manual - manually pick parcels to sell
- First In First Out - selects oldest parcels first
Except for Manual Selection, pre 1985 stock parcels are selected last so as to preserve any pre-CGT assets for you.
3. Loss optimization - Two techniques are provided to ensure the most value for each dollar of loss:
- Sequential Loss offsetting - non-discounted gains are offset first.
- Method selection switching - When offsetting a loss against a discounted gain and there was a choice of using the indexed method for calculating taxable gain, the system will switch methods on individual disposals if it is more advantageous to use the higher indexed gain as it may use less dollars of loss
The above optimization process is performed every evening during the position roll forward processing and will adjust for any changes in holdings.
SMSF Portfolio & Stock Performance Reporting
The Systems performance reporting component allows you to monitor the performance of individual superannuation investments as well as the performance of the total portfolio.The service also incorporates all the reporting that you would expect from a professional portfolio administration service such as:
- Transaction Reports
- Portfolio Valuation Reports
- Realized & Unrealized CGT Reports
- Income Reports
- Performance Reports
All asset classes can be included; listed equities (shares, options and short sells), unlisted managed funds, private investments, syndicates, investment property and fixed interest investments.
Due to the unique processing engine within the system, you can produce "as at" reports to show you what the state of any SMSF portfolio was at any historic date as far back as 1985.
Naturally, the reports can be produced in a variety of formats, including screen, printer, word, PDF and excel. The service delivers superior reporting how you want it, when you want it, where you want it!
You are able to recalculate to historical points in your fund, using a simple recalculate function.
YOUR PORTFOLIO ONLINE & Desktop Version is included as part of Your Super Admin package FREE!