How to customize asset class for different tickers

If you do not like the asset class of a ticker, you can customize it. When you change the asset class of that ticker, it will affect the pie chart display (both internally in a portfolio view as well as a model view and externally when displayed to a prospect in the onboarding process).

For example, you built a 50/50 domestic model (50% of IVV "iShares Core S&P 500 ETF" and 50% of IEF "iShare 7-10 Year Treasury Bond ETF"). Although they are different kinds of investments, the pie chart of target allocation shows 100% ETF because they are all considered as "ETFs."

In order to categorize them correctly, you can change their asset classes in "Setting/Customize Asset Class."

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Go to "Setting/Customize Asset Class".

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Click "+ Add New " button on the upper left corner to create a new asset class.

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Enter the name of that new “Asset Class” (for example, Equity ETFs) and click "Save."

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Then the new asset class "Equity ETFs" is created. Next, assign tickers to that asset class. For example, you can click "+ Add New" on the right-hand side to add IVV "iShares Core S&P 500 ETF." You can do the same for IEF by creating a new asset class "Bond ETFs."

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Once you have created those two new asset classes, there should be two records: Bond ETFs and Equity ETFs.

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When you go back to "Portfolio/Model list" and view your 50/50 domestic model, you will see the pie chart is changed. This will also change the pie chart when a portfolio is displayed to a prospect.

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