Three new features are here!

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In the past month we released three new features that were highly requested by Passiv users: portfolio drift notifications, multi-account portfolios and advanced currency handling. Without further ado, here’s a bit about each of them:

Portfolio drift notifications

You’ve got better things to do than check up on your portfolio. Now, you’ll get drift notifications via email when your portfolio accuracy drops below your chosen threshold, reminding you to log in and rebalance.

By default, the accuracy threshold is set to 90% but if you want to change the threshold or turn off these notifications entirely, you can do either within Settings.

Multi-account portfolios

You can now combine several accounts into one target portfolio. This lets Passiv knows you want to treat these accounts as one (for example, your TFSA and your spouse’s TFSA).

If you’d like to set up your own portfolio groups, you can see how in this video tutorial.

Currency handling

If you hold both Canadian and US dollars in your portfolio, you may be particular about how currency exchange is handled. Now, you can set your own currency handling settings within each account or portfolio group.

You can either allow currency conversion or tell Passiv to keep currencies separate. When you allow currency conversion, your brokerage will charge you a foreign exchange fee. If you’d prefer to exchange currencies yourself manually (for example, using Norbert’s Gambit), you can tell Passiv to keep currencies separate.

If you want to see these settings at work, take a look at this video tutorial.

Note that all three of the above are Elite features. If you aren’t already an Elite subscriber, you can upgrade to Elite now..

We’re always adding more functionality to Passiv and we take your requests into account as we continue to develop more features. If you have any feedback or feature requests, we’d love to hear from you. Drop us a line at feedback[at]getpassiv.com.

First published on August 12, 2019.