Asset Allocation Model Details

R-Desktop : Entering Orders : Setting Up Asset Allocation : Asset Allocation Model Details

This dialog allows for the addition of new or modifications to existing models.

The dialog can be launched in either Add/Copy mode or View/Modify mode. It is accessed by:

• The Add button on the Asset Allocation Models screen. The Add mode presents a blank dialog so the operator can add a new Asset Allocation model. This mode will continue to be active until the record has been successfully saved or the operator cancels from the dialog.

• The Version hyperlink for an “Active” or “Inactive” (where the Version status is “Pending Approval”) record on the Asset Allocation Models Summary dialog. The dialog opens in the View/Modify mode and displays the current details of the Asset Allocation model version selected.

• The Version hyperlink for an “Inactive” (where the Version status is “Inactive”) record on the Asset Allocation Models Summary dialog. The dialog opens in Inquiry mode and displays the last saved details of the Asset Allocation model version selected.

• The dialog will also support a Copy mode, which is invoked by selecting the Copy Asset Allocation Model button on this dialog. This mode can only be invoked when in View/Modify mode and will function similar to the Add mode, once selected.

The following table describes items and functionality for this dialog in alphabetical order. It includes details for Add/Copy Mode and View/Modify Mode. With Inquiry Mode, all fields are display only.

Item	Type	Description
Account Review Period x (months)	numeric	Number of months, within which the account with the asset allocation model being assigned must be reviewed. This setting will be used to determine the date for the Review expiry date field on the Asset Allocation Details screen (account level). Enabled and required when the version status is Active, Pending or Pending Approval.
Advisor	drop-down list/button	Add/Copy Mode—Only enabled if the Type is Advisor. View/Modify Mode—Not enabled.
Approve Asset Allocation Model	button	Allows authorized operators to approve new models created or existing models updated. Enabled when the Version status of the model is “Pending Approval” and the model is being accessed by an authorized operator. Not available in Add/Copy mode.
Benchmark Index	text/button	Add/Copy Mode—Displays the benchmark index. Click Find to search for and select the benchmark index. Note: If an existing Index set up in R•Broker Administrator that is selected for the model is inactivated, the model will require manual intervention to select a new active index. View/Modify Mode—The operator can update the benchmark index selected for the model.
Cancel	button	Closes the screen without saving changes.
Code	text	Add/Copy Mode—Will always be enabled and will be blank. Data entry will be limited to 8 characters. View/Modify Mode—Not enabled.
Copy Asset Allocation Model	button	Add/Copy Mode—Not enabled. View/Modify Mode—Always enabled.
Dealer	text/button	Add/Copy Mode—Specifies the dealer to which the new Asset Allocation Model belongs. Click the “Find” button to search for and select the dealer. View/Modify Mode—Not available.
Description	display/button	Click the Edit button to enter a description.
Edit Holding Classifications	button	Add/Copy Mode—Always enabled. Opens the Add Holding Classifications dialog where holding classifications can be selected or deselected. View/Modify Mode—Not enabled.
Effective Date	date	Add/Copy Mode—Date on which the new model will become effective. Cannot be a past date. View/Modify Mode—Allows the operator to modify the date on which the existing model will become effective.
EXCLUDE FROM REBALANCING	column/check box	Select check box to indicate that the individual holding classification selected for the model will be excluded from automated rebalancing. When selected, any accounts that have the model selected will inherit the selection on this dialog. If the value is modified, all accounts where this model is selected will be updated with this value.
Fund Facts	button	Opens the Fund Facts Information Details dialog. For more information, see Adding Fund Facts via Fundata.
Investment Portfolio Profile	drop-down list	Description of the active Investment Portfolio Profiles, as defined in R•Broker Administrator, in Sequence order for the dealer specified in the Dealer field. OR If there are no active IPP records matched for the dealer, any active records that have no dealer code specified (null).
LEVEL 1 RANGE % (Holding Classifications)	column	Mandatory field used to specify the Min and Max percentages that define the level 1 range/tolerance for the percent allocation to the holding classification. It indicates the Level 1 threshold for how high or low the allocation can be before a server confirmation message for an optional rebalance is returned to the operator upon account access. The column contains a Min and Max field to specify percentages to 2 decimal places.
LEVEL 1 RANGE % (Securities)	column	Mandatory field used to specify the Min and Max percentages that define the level 1 range/tolerance for the percent allocation to the security. It indicates the Level 1 threshold for how high or low the allocation can be before a server confirmation message for an optional rebalance is returned to the operator upon account access. The column contains a Min and Max field to specify percentages to 2 decimal places.
Minimum Acct MV for Rebalancing	currency	Indicates the minimum value for an account before it is to be included in any rebalancing activity. If the account market value, for any account holding the model, is less than the specified minimum amount, then the account will not be rebalanced. Enabled and required when the version status is Active, Pending or Pending Approval. Always disabled if the version status is Inactive. The field will be defaulted to blank on initial add; otherwise, the last saved value.
Minimum Trade Threshold Amount	currency	Add/Copy Mode—Only positive numbers entered to 2 decimal places. The maximum is 7 digits to the left of the decimal and 2 digits to the right. View/Modify Mode—Not enabled.
Model Holding Classification %	percentage	Allows 3 digits to be entered.
Model Security%	percentage	Allows up to 3 digits.
Mutual Fund Wrap	check box	Indicates if the asset allocation model is a mutual fund wrap. If selected, the asset allocation model will be marked as a mutual fund wrap while selecting asset allocation models in the Account Open, KYC Update and Investor Profile workflows. Applies while the screen is in add/copy or view/modify mode.
Overrides	check box	Types of account level overrides that will be allowed when the model is selected for an account.
Save	button	Saves the asset allocation model.
Security	column/button	Will hold either the Edit Securities button or the security description. This button will only be displayed on the row where the Holding Classification description is displayed. Click the Edit Securities button to open the Add Security dialog where securities can be added to the Holding Classification.
Status	drop-down list	Add/Copy Mode—Select from the list. Not available when the Version status value is set to “Pending Approval”. When a new model is added it will be assigned a Status of “Pending”. The Status will be “Active” when the current system date is equal to the Effective date and the model has been approved. Otherwise it will be “Pending”. View/Modify Mode—Not available when the Version status value is set to “Pending Approval”, and/or the value in the Effective Date field is later than the current system date.
TARGET RANGE % (Holding Classifications)	percentage	Min and Max percentages associated with the individual holding classification selected for the model. The column will contain a Min and Max field to specify percentages to 2 decimal places.
TARGET RANGE % (Securities)	percentage	Min and Max percentages associated with the individual security selected for the model. The column will contain a Min and Max field to specify percentages to 2 decimal places.
Type	option buttons	Add/Copy Mode—Advisor option button will always be enabled. Corporate option button will only be enabled if one of the operator's access groups has the “Update corporate asset allocation” check box checked. View/Modify Mode—Nether option button is enabled.