Beta Build 10.29: Mutual Funds Swap, Portfolio Performance Profile, Default Export Directory
Mutual Funds Swap
The Exchange Fund feature allows clients to swap all or part of an eligible (long) mutual fund position into another fund from the same fund family. Funds must trade in the same currency. Swapping funds using the Exchange action may result in lower commissions, fewer tax consequences (for funds in the same family), and also allows clients to complete this action with a single transaction instead of selling, waiting for the trade to settle, and then buying another fund.
To use, select an eligible Mutual Fund position and use the right-click menu to choose Exchange Fund. In the order row, use the "Exchange to" cell to select a new fund. Review and submit the order.
This feature is supported in TWS. Coming soon to Client Portal and IBKR Mobile. Note that clients should use TWS Classic layout as mutual funds are not currently supported in Mosaic.
Portfolio Performance Profile
Updates to the Portfolio Performance Profile feature have fixed recurring issues including:
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Performance data was being calculated incorrectly.
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Portfolio Performance Profile showed inaccurate cash breakdown values.
We will continue updating and enhancing the Performance Profile feature across all related tools including your Portfolio, the Options Strategy Lab, the Strategy Builder and Option Chain.