Sharesight’s Multi-Currency Valuation Report is built for the needs of investors who invest across global markets and who think in terms of more than one currency when making investment decisions. This report allows investors to see the value of every investment in their portfolio denominated in both the currency it is traded in as well as its value when converted to any of the 75+ currencies (including crypto) in Sharesight using the end-of-day value and prevailing forex rate on any date selected.
This report is perfect for investors who want to see their investments denominated in any other currency than that of their tax residency, with a range of powerful features, such as the ability to group by different dimensions including currency, with the sub-total value calculated across all holdings in each investment currency.
To find out more about how Sharesight’s Multi-Currency Valuation Report helps global investors get the best picture of their investments, keep reading.
Think in terms of the currency of your choice
If you’re an international investor who invests primarily in US stocks, you will tend to ‘think’ in terms of US dollars when investing, the Multi-Currency Valuation Report allows you to view all of your investments valued in US dollars, or any of the 75+ currencies Sharesight supports.
View the value of your investments denominated in the currency of your choice
See the value of your investments in Bitcoin
Want to see the value of the investments in your portfolio in bitcoin or another cryptocurrency? The Multi-Currency Valuation Report can do that too.
View the value of your investments in Bitcoin
See the value of every investment in its domestic currency
If you invest across multiple global markets, plus cryptocurrencies, the Multi-Currency Valuation Report makes it easy to see the price, units held, and total value of every investment held in your portfolio denominated in its domestic currency as at any date in time in your portfolio history.
Break-down your portfolio values by currency
The Multi-Currency Valuation Report allows investors to break down the results of the report by various dimensions such as the market, country, currency, sector, industry or any of your Custom Groups defined according to your needs.
When grouped by currency, the Multi-Currency Valuation Report provides sub-totals for each investment currency, which will be valuable for investors who need a snapshot of their investment allocation by country for tax purposes, or when considering trading in to or out of positions denominated in a particular currency.
Multi-Currency Valuation Report showing subtotals broken down by instrument currency
Calculate asset values and exchange rates for tax purposes
One of the features of the Multi-Currency Valuation Report is particularly beneficial for investors who need to record the year-end values and exchange rates on their investments when filing their taxes, such as SMSFs in Australia.
To do this, simply run the Multi-Currency Report by selecting the final date of the financial year, this will calculate the year-end asset values as well as display the relevant exchange rates of all your investments held on the date in question.
Multi-Currency Valuation Report – Video
Watch our video explainer of the Multi-Currency Valuation report for a quick overview of how to make the most of this report.
Embedded content: https://www.youtube.com/watch?v=SPDYtw0yfqw
Upgrade today for Sharesight’s Multi-Currency Valuation Report
Sharesight’s Multi-Currency Valuation Report is available on Sharesight’s Expert plan and to Sharesight Pro clients.
See the report yourself with a free 7 day trial of Sharesight Expert when you upgrade your Sharesight plan.
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Important Disclaimer: Sharesight does not provide tax or investment advice. You should seek tax and investment advice specific to your situation before acting on any of the information in this article.
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