Streamline the process of maintaining model portfolios by creating Blended Models. Add any model - models shared with you, models you’re subscribed to, or models you’ve built yourself - to another model as a single allocation. Creating these blends using the same underlying component models eases your workload by reducing the number of models you're responsible for managing. Updates to any single model will automatically push to anywhere that model is used, and all users a model is shared with.
To get started, click ADD MODEL from the model list page, enter a name for your new model, and select the option to Copy a Model.
Selecting a Model
From here you'll see your models sorted by Strategy Group if you've subscribed to one from the Partner Store. Click one of the listed groups to see its models. Individual models are sorted by Risk Number, and if you are utilizing our tags system, the list of models can be filtered by tag.
If you're creating a new model (or client account), you'll have the option to Copy that model's holdings. Simply select the model you'd like to copy and choose the "Copy Holdings" option below. This adds each of the selected model's holdings to the target model as separate allocations, effectively using that model as a starting template for the account.
However, the "Add Model" option will add the selected model (or models) to your new model as a single allocation. These model "sleeves" can be expanded to reveal both the Holdings and aggregate Analytics of the model it references. Additionally, clicking the "More Options" button within an expanded model sleeve will allow users some additional functionality:
- View Model - Clicking this will take you to the model portfolio page for that particular model.
- Sort Holdings - Visually sort a model's underlying holdings by allocation percentage and by name.
- Ungroup Holdings - Sometimes, the out-of-the-box solution just doesn't suffice. If you've added a model sleeve to a client account, but uncover the need to customize that blend of allocations, you can easily convert the sleeve to separate allocations, by clicking the "Ungroup Holdings" option.
Model sleeves can be added to both model portfolios and client portfolios - allowing for visibility into Multi-Strategy accounts and simplifying the proposal process. Allocate portions of a single client account to separate models while maintaining visibility into each distinct model. Expand any model sleeve to view its holdings, or collapse them all for a simplified presentation of a client’s account.
To add a model sleeve, simply click "Add Investment" and select the "Add Model" option.
Note: Blended models cannot be added to other models, but can be added to client accounts.
Once a model has been added to either a client account or another model as a sleeve, a link is created between those instances. This link allows for updates to a model to be pushed everywhere that model is used. However, if you ever need to delete this model for any reason, you'll need to tell us how to handle all of those connected instances. Don't worry, it's easy!
Simply select the option to delete a model from the Actions menu on your model list page. From there, you'll tell us how to handle the connected accounts. You can choose to either move the dollar amount in the model to cash or convert the sleeve to separate allocations everywhere it's referenced.