Adding a portfolio helps you keep each entity’s investments and reports clean and separate, while still letting you view everything together when needed.
Before You Create A Portfolio
In most cases, create one portfolio for each tax entity.
For example, you might create separate portfolios for:
yourself personally
your SMSF
a family trust
a company
This keeps each entity’s holdings, performance, income, tax reports, and settings separate.
If you’re unsure how portfolios, holdings, and trades fit together, read Key Concepts: Portfolio, Holding and Trade before creating your portfolio.
If you want Australian tax reporting, make sure you create a portfolio with AUD as the base currency. ATO-focused tax reports are only available for AUD-base portfolios.
Your portfolio’s base currency is set during creation and cannot be changed later.
How to add a portfolio
Step 1: Open Manage Portfolios
Click the Portfolio Selector at the top left.
Click Manage Portfolios.
Step 2: Click Add Portfolio
On the Manage Portfolios page, click + Add Portfolio button.
Step 3: Fill In The Portfolio Details
Enter the portfolio name, then choose the correct Tax Residency.
Your Tax Residency sets the portfolio’s base currency. This cannot be changed after the portfolio is created.
For example:
Australia creates an AUD-base portfolio
United States of America creates a USD-base portfolio
Only select Create once you’re confident the tax residency and base currency are correct.
You can change the portfolio name later, but you can’t change the portfolio’s base currency. For more detail, see Can I change the base currency of my portfolio?.
If you need Australian tax reporting, create an AUD-base portfolio. For more detail, see ATO Reporting Requires an AUD Portfolio.
Tax And Calculation Settings
After creating the portfolio, you can review and update some portfolio settings later.
From Manage Portfolios, click the three-dot menu next to the portfolio, then select Settings.
You can update settings such as:
Portfolio Name
Tax Entity Type
End of Financial Year
Calculation Settings
Changing these settings does not change the portfolio’s base currency.
Common questions
Can I change the portfolio’s base currency later?
No. A portfolio’s base currency is locked when the portfolio is created.
If you need a different base currency, create a new portfolio using the correct tax residency. For more detail, see Can I change the base currency of my portfolio?.
I Need ATO Reporting. Which Portfolio Should I Create?
If you need Australian tax reporting, create an AUD-base portfolio.
ATO-focused tax reports are only available for portfolios using AUD as the base currency. For more detail, see ATO Reporting Requires an AUD Portfolio.
Can I rename a portfolio later?
Yes. Renaming a portfolio only changes the name you see in Navexa.
It does not change the portfolio’s tax residency, base currency, holdings, transactions, performance, or reports. For more detail, see Rename or Change a Portfolio Name.
Can I delete a portfolio?
Yes, but deleting a portfolio is permanent.
Only delete a portfolio if you’re sure you no longer need the data inside it. For more detail, see Deleting a Portfolio.