Managing your portfolio is easy with factorE's touch-enabled user interface. Use factorE comfortably on an iPhone, iPad (it's my personal favorite on an iPad), a Microsoft Surface, or any Andriod phone. Simply click/tap on "Manage Portfolio" and follow these step-by-step instructions to make changes.
Select a portfolio
Here you can:
Rename the portfolio
Add a description
Add and remove accounts
Rename accounts
Export to CSV
Save as a new portfolio
On a touch-screen, tap the three dots to the right
to enable the "Add" and "Delete" functions.
As an example, I'm going to add a new asset to my IRA account.
I can either type a ticker or the fund's name.
After adding a $15,000 asset to the account, I notice my account is overallocated.
I can handle the over-allocation in three different ways:
Reduce holdings
- Account value stays at $100,000
- Every asset is prorated (i.e. my $15,000 asset turns into a $13,043 asset)Remove from cash
- Account value stays at $100,000
- Cash is removed from the account
- factorE allows cash to be negative, which in essence turns the account into a margin accountAdd $ to account
- Account value changed to $115,000
This flexible, easy-to-use account creation process allows the user to build almost limitless kinds of portfolios (except portfolios with a value of $0).
If you build a portfolio that is 30x levered, be prepared to see incredibly large betas!!
Finally, click "Save & Analyze" and you are on your way!