The first step in building your portfolio is to create one within the platform. To begin, the user needs to navigate to the Portfolios menu located on the left-hand side of the Inovestor landing page. By clicking this option, the user will be redirected to the Portfolios page, which serves as the main hub for managing and creating portfolios.
Once on the Portfolios page, the user has two choices: select an existing portfolio or create a new one. To create a new portfolio, the user must click on the Create New Portfolio button (2), located on the right-hand side of the page. This action will open the portfolio creation module, where the user can define key parameters such as the portfolio’s name and initial cash allocation.
After creating the portfolio, the user is redirected to the Initial Setup Page (1). The first step is to input a name for the portfolio in the Name box (2). It is strongly recommended to use the same name as the underlying strategy that will be linked to the portfolio to avoid any future confusion.
Next, the user must select the base currency of the portfolio. It is important to note that in this application, the reporting currency will automatically be the same as the base currency selected for the portfolio.
After selecting the currency, the user must decide whether the portfolio will be Multi-currency or not. In this example, we will opt not to use a multi-currency portfolio. It is important for the user to understand that if they choose a multi-currency option, they will be able to trade both Canadian and U.S. stocks within the portfolio. However, all cash will be maintained solely in the base currency of the portfolio, with no separate cash balances in each currency. This setup allows for cross-border trading while keeping cash management streamlined in the designated base currency.
Once all these settings have been configured, the user can proceed by clicking the Continue button (5) to finalize the initial setup and move on to the next step in the portfolio creation process.
Understanding Cash Management
Creating a Portfolio without Cash
Navigating Portfolio Pages
Detailed Holdings Pages
