With regard to investing into a personal pie, I thought the cash invested is apportioned according to the percentages I have given to the stocks in the pie.
For example:
3 shares in the pie
Share A = 40%
Share B = 30%
Share C = 30%
Amount invested today, Ā£102.41 across these 3 shares.
According to details in the History section of the app, the amount apportioned to the 3 shares
is as follows:
Share A - Ā£26.63
Share B - Ā£39.98
Share C - Ā£35.80
The amounts should have been, according to the percentages above, as follows:
Share A - Ā£40.97
Share B - Ā£30.72
Share C - Ā£30.72
Does anybody know why the allocation of cash to each share is not as per the percentages I had set out above ?
Thanks in advance.
Happydays123
With regard to investing into a personal pie, I thought the cash invested is apportioned according to the percentages I have given to the stocks in the pie.
For example:
3 shares in the pie
Share A = 40%
Share B = 30%
Share C = 30%
Amount invested today, Ā£102.41 across these 3 shares.
According to details in the History section of the app, the amount apportioned to the 3 shares
is as follows:
Share A - Ā£26.63
Share B - Ā£39.98
Share C - Ā£35.80
The amounts should have been, according to the percentages above, as follows:
Share A - Ā£40.97
Share B - Ā£30.72
Share C - Ā£30.72
Does anybody know why the allocation of cash to each share is not as per the percentages I had set out above ?
Thanks in advance.
Happydays123
At a guess on those amounts bring your pie back closer to a 40/30/30 split, rather than investing at a 40/30/30 split?
Thank you for the response, but not clear what you mean?
The pie was set up as 40/30/30, so I was expecting the investment made today would have used those percentages automatically, not an allocation that did not reflect 40/30/30.
When you press the invest button for the pie, below the amount you are investing there is āfund distributionā and it probably says āself-balancingā. If you press the drop down arrow then you can change it to āby targetsā (which is probably what you were expecting) or ācustomā (to have a different set of weightings).
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Many thanks for your response. I will look into what you have said next time I invest cash into this pie. Thanks again