Investment strategies are used to assign investment accounts to funds.
- Select Accounts from the Home page.
- Click Investment Strategies.
- Click Create.
- Give the investment strategy a Name, and click Create.
- Click Add Account.
- Click the Name of an investment account.
- At this point, there is only one investment account added to the strategy, so the percentage held will be 100.00%.
- Repeat steps 5 & 6 to add additional investment accounts, then click Edit.
- Edit the percentage (in decimal form) held by each account, then click Update.
For example, .30 indicates that 30% of the fund is held in the Bank - Money Market account.
-
You can now add your investment strategy to a fund, by editing the fund.
Keep in mind that if a fund is assigned an investment strategy that has multiple accounts: donations coming in, and grants going out, will reflect the same percentages.
Looking at the example in Step 9: if you receive a $1000 donation, $700 will go to the Investment Asset - Merrill Edge account, and $300 will go to the Bank - Money Market account. When you run a balance swap, CommunitySuite will re-balance the fund to reflect the percentages that you define.