This article explains the trade and adjustment types available for Stocks/Securities and Custom Investments in Navexa, so you can record investment activity accurately.
What This Article Covers
This article applies to Stocks/Securities and Custom Investments holdings in Navexa. Property is tracked as a Custom Investment.
Other holding types, such as Crypto and Cash Accounts, may use different transaction types and are not covered here.
In Navexa, a holding can include different trades and adjustments over time. These records help Navexa calculate your units, cost base, performance, income, and tax reports.
Most investors will mainly use Buy and Sell. The other types are usually used for corporate actions, capital adjustments, or cost-base changes from tax statements.
Note: The information below is general in nature and not tax advice. Please consider your personal circumstances and local tax guidance.
Buy
A Buy records units or shares you acquired.
Use Buy when you purchase an investment or add more units to an existing holding.
In Navexa, a Buy:
increases the number of units you hold
adds to your cost base
can include brokerage and fees
Common examples include opening a new position or topping up an existing holding.
Sell
A Sell records units or shares you disposed of.
Use Sell when you partially or fully exit a holding.
In Navexa, a Sell:
reduces the number of units you hold
realises a capital gain or loss
uses your cost base and sale proceeds to calculate the result
Common examples include selling part of a holding or closing a position completely.
Split
A Split records an official share split or subdivision.
Use Split when a company increases the number of shares held by investors using a set ratio, such as 2-for-1.
In Navexa, a Split:
increases the number of units you hold
keeps the total cost base the same
reduces the cost base per unit proportionally
For example, if a company announces a 2-for-1 split, your units double but your total cost base stays the same.
Do not use Split just because your unit balance increased. Only use Split for an official share split or subdivision.
Consolidation
A Consolidation records an official reverse split.
Use Consolidation when a company reduces the number of shares held by investors using a set ratio, such as 1-for-10.
In Navexa, a Consolidation:
reduces the number of units you hold
keeps the total cost base the same
increases the cost base per unit proportionally
For example, if a company completes a 1-for-10 consolidation, your units reduce to one tenth of the previous amount, but your total cost base stays the same.
Bonus
A Bonus records additional free shares or units you receive.
Use Bonus when you receive shares under a bonus issue, bonus share plan, or Dividend Substitution Share Plan (DSSP), such as AFI DSSP shares.
In Navexa, a Bonus:
increases the number of units you hold
records the event as a bonus share issue
does not treat the event as a standard buy or sell
The cost-base treatment depends on how the issuer classifies the bonus shares and the tax rules that apply to your situation.
Cancellation
A Cancellation records shares or units that have been cancelled.
Use Cancellation when units are removed because of a corporate action, such as a buy-back, takeover, or scheme.
In Navexa, a Cancellation:
reduces the number of units you hold
may realise a gain or loss depending on the event terms
should match the number of units cancelled under the corporate action
If the event also includes cash consideration, check the issuer’s notice carefully before entering the transaction.
Return Of Capital
A Return Of Capital records capital returned to you by the company.
Use Return Of Capital when the company returns part of your invested capital and the payment is not treated as a dividend.
In Navexa, a Return Of Capital:
does not change the number of units you hold
reduces your cost base
may create a capital gain if the return exceeds your remaining cost base
Common examples include capital management events after an asset sale or restructure.
Cost Base Increase
A Cost Base Increase records an adjustment that adds to your cost base.
Use Cost Base Increase when your ETF, trust, or managed fund tax statement says your cost base should increase.
In Navexa, a Cost Base Increase:
does not change the number of units you hold
increases your total cost base
can affect future capital gain or loss calculations
A common example is an AMIT statement showing a net cost base increase.
Cost Base Decrease
A Cost Base Decrease records an adjustment that reduces your cost base.
Use Cost Base Decrease when your ETF, trust, or managed fund tax statement says your cost base should decrease.
In Navexa, a Cost Base Decrease:
does not change the number of units you hold
reduces your total cost base
can affect future capital gain or loss calculations
A common example is an AMIT statement showing a net cost base decrease or tax-deferred component.
Opening Balance
Opening Balance is a system or legacy entry used by Navexa in specific cases.
You may see Opening Balance when modifying certain existing or legacy records, but it is not available as a standard option when adding a new trade or adjustment.
If you are starting to track a holding part-way through its history, you should usually:
add a back-dated Buy with the correct units, price, and fees; or
import your historical trades from a file or CSV so the holding history is complete.
Complete historical trade data gives Navexa a more accurate basis for performance, income, and tax calculations.
Where To Add Trades
You can add most trade and adjustment types from the holding’s Trades tab.
To add a trade or adjustment:
Open Portfolio.
Select the relevant holding.
Go to the Trades tab.
Select Add Trade / Adjustment.
Choose the correct type.
Enter the date, units, price, fees, or adjustment details.
Select Save.
If a corporate action has already been auto-detected or imported, do not add it again. Duplicate entries can distort your units, cost base, performance, and tax reports.
Quick Decision Guide
Use this guide when you know what happened but are unsure which option to choose.
If This Happened | Usually Use |
You bought more units | Buy |
You sold units | Sell |
Units increased by an official split ratio | Split |
Units reduced by an official consolidation ratio | Consolidation |
You received free bonus or DSSP shares | Bonus |
Shares were cancelled under a scheme or buy-back | Cancellation |
The company returned capital without changing units | Return Of Capital |
Your ETF or AMIT statement says cost base increased | Cost Base Increase |
Your ETF or AMIT statement says cost base decreased | Cost Base Decrease |
DRP Is Different
A Dividend Reinvestment Plan (DRP) is not selected from Add Trade / Adjustment in the same way as Buy, Sell, Split, or Bonus.
If you participate in a DRP, you manage it through the holding or dividend record.
You can:
turn on automatic DRP tracking for a holding
enable DRP for a specific dividend only
reset or edit a dividend if the reinvestment details need correcting
Use the DRP settings when dividends are reinvested into extra shares. Do not record DRP shares as Bonus unless the issuer has specifically issued bonus shares rather than a dividend reinvestment.
DSSP And Bonus Shares
Dividend Substitution Share Plan (DSSP) shares and bonus share plan shares are usually recorded as Bonus shares, not Split.
Use Bonus for DSSP shares because you are receiving additional shares under a plan, rather than changing all shareholders’ units by a split ratio.
Use Split only when the company announces an official share split or subdivision.
The tax treatment of DSSP or bonus shares depends on the issuer’s statement and your personal circumstances. Check the issuer documentation or speak to your accountant if you are unsure how the event should be treated for tax.
Mergers And Demergers
Some corporate actions should not be forced into a simple trade type.
For example, a merger, demerger, takeover, or scheme may involve more than one change, such as:
units being cancelled
new units being issued
cash consideration being paid
cost base being transferred or adjusted
If the event is a merger, open the holding and use the Actions menu to look for Add Merger.
If the event is complex, check the issuer notice before entering it. The notice usually explains the effective date, ratio, cash component, and cost-base treatment.
Best Practices
Use the effective date of the event, not just the announcement date.
Include brokerage and fees on Buy and Sell trades so your cost base is accurate.
Avoid duplicate entries if your broker import, CSV import, or Navexa has already added the event.
Use the issuer notice, registry statement, broker statement, ETF tax statement, or AMIT statement as the source of truth.
If you are unsure which type to use, compare the event to the decision guide above before adding it.