Wrap provider Selestia is offering a new tool for calculating income yields from portfolios, which should speed up the process of smoothing income over the year and eliminate the time-consuming process of entering manual calculations.
Yield Investor is intended to be used by advisers constructing client portfolios focused on income, taking account of risk levels and income targets required by clients. The tool enables month-by-month plotting of forecast yields, adjusted for tax rates and asset allocation. Users can “back-test” their investment selections using Selestia’s existing P-Scan portfolio construction tool and generate reports for clients. Selestia says it has developed the new tool in response to “huge demand” from IFAs looking to the income element of their clients’ portfolios. Bill Vasilieff, marke...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
