Portfolio (IPS) - IPS Model: Model
Model Overview
The purpose of this guide is to providing instructions on how to apply a Model Portfolio (Target Set) as a recommendation in XPLAN. A Target Set consists of a selection of securities and the recommended weighting for each security.
Model Portfolios can be applied to a client's portfolio using Target Sets. Target Sets creates a proposed portfolio using a saved model portfolio that can be applied as a percentage of the total portfolio.
There are two screens you will use when modelling a clients portfolio using Target Sets. You can access these screens via the menu options in Portfolios > Model:
- Model
- Recommend
How to Access the Model Screens
While accessing a client:
- In the left hand Navigation Menu, click Portfolios > Model > Model
- The Model screen will display.
Model Modes
The Model screen can be viewed in two different modes:
- Basic Mode - Use the basic mode when modelling a target set to a single account This method also allows for simple transfers of holdings between portfolio accounts.
- Advanced Mode - Use the advanced mode for more advanced modelling, blending target sets on a single or multiple accounts.
Create a Target Set
When adding target holdings to a Target Set, the current asset allocation of the Target Set is displayed in the Compare section. The asset allocation for a selected risk profile is also shown in the Compare section, allowing you to compare the Target Set asset allocation to the risk profile.
Further information on Creating a Target Set here
Archive a Target Set
Learn how to archive a Target Set.
- To view the IRESS Insights Video, please view the following link here. (Created by Anthony Derriscott on Mar 1, 2018)
Rebalance using a Target Set
Understand how to rebalance a clients portfolio using Target Sets (Model Portfolios).
- To view the IRESS Insights Video, please view the following link here. (Created by Anthony Derriscott on July 28, 2016)
Rollover using a Target Set
Learn how to rollover super using a Target Set in Portfolios Model screen.
- To view the IRESS Insights Video, please view the following link here. (Created by Anthony Derriscott on Mar 1, 2018)
Related Articles
Portfolio (IPS) - IPS Portfolio: Portfolio Position - Add a Transaction
Add a Transaction Overview Once a portfolio account is setup, transactions such as a Purchase or a Sale can be added and reviewed in the portfolio. Adding a Purchase or Sale to an existing holding in a client's portfolio can be done via either the ...Portfolio (IPS) - IPS Model
IPS Model Overview This overview and navigation outlines the main components available in the client's IPS Model screen Portfolio Model A Target Set consists of a selection of securities and the recommended weighting for each security. Model ...Portfolio (IPS) - IPS Portfolio: Portfolio Position
Portfolio Position Overview This section outlines the main components of the client's portfolio position screen and its functions on add, removing and managing holdings and transaction in a client's portfolio How to Access Portfolios Position To ...Portfolio (IPS) - IPS Model: Recommendations
Portfolio Recommendations Overview The purpose of this guide is to provide an overview of the Portfolio component, specifically the clients Recommendations. This section allows you to make recommendations within the client portfolio. You can add new ...Portfolio (IPS) - Corporate Actions
Corporate Actions Overview The purpose of this guide is to provide information on corporate actions and instructions on using corporate actions in XPLAN. A corporate action is any event that brings material change to a company. In the case of a share ...
Popular Articles
Wealth Axis Files - Naming Convention
File Format: Date, Client Name, File Name Date - yymmdd E.g: 12 Sept 2013 - 130912 E.g: Undated - 010101 Client Names One Client / Only primary client (John Smith) E.g: Smith, J Two Clients (Primary and Secondary Client/Client and Partner) - Married ...Wealth Axis Wizards - Overview
Overview This article is designed to help you effectively use the Wealth Axis Wizards in XPLAN. The key features of the Wealth Axis Wizards are: Integration with key modules such as Client Focus, Portfolios (IPS), Risk Researcher, WealthSolver and ...New User Manual - Admin
XPLAN and the Advice Process Overview Many advisers use the Advice to Client process to manage the advice process in their business. To enable participants to be able to relate to the different modules in XPLAN, this course is structured along the ...Administration - Email: Setting up the Outlook Plugin
Outlook Plugin - Overview Outlook Plugin is a function available with XPLAN that allows you to quickly and easily save and record email correspondence in the XPLAN document library as a Note that is linked to a client or user entity. This allows for ...XPLAN Workshop - XPLAN Client Setup
Introduction Overview Each practice deals with leads, referrals and potential clients differently. However, most practices have a system regarding the way client information is recorded and relationships with clients are managed. In this section, ...
Recent Articles
XPLAN Legislative Rates June 2022
XPLAN Legislative Rates - June 2022 Legislative rates have been updated to reflect: 1. Social Security rates effective July 2022 2. AFSA Retirement Standard Benchmarks for the March Quarter 2022. Social Security Rate Changes - July 2022 The rate ...XPLAN: Task Notifications - Redirecting
XPLAN: Redirecting Task Notifications XPLAN task notifications can be sent to your Email Inbox (e.g. Outllok, Gmail) to notify you if a task has been created, unactioned, is overdue or complete. If the task notifications cannot be turned off, then ...XPLAN Version Enhancements - 18 November 2021 (Version 21.11.195)
XPLAN Version Enhancements - 18 November 2021 (Version 21.11.195) Client Focus Digital Signature Notification will Honour the "Override from Address" when sent by Super User The notify signatories template configured in system settings > client focus ...XPLAN Version Enhancements - November 2021 (Version 21.11.194)
XPLAN Version Enhancements - November 2021 (Version 21.11.194) Client Focus New Current Residential Address Field A new field, current residential address, has been added to record a client’s current address. When entering the first address for a ...XPLAN Datafeeds: HUB24 Enhancements (v4.3) 29 October 2021
HUB24 Enhancements: 29 October 2021 HUB24 have released enhancements to their XPLAN EPI 4.3 datafeeds, to be effective 15 November 2021. Below is the information directly from HUB24 on the enhancements. The Individual Holding extract is where the ...