Pools
Several investors sharing one trading account.
A pool is one trading account with several investors in it. Rather than each person holding their own account, they hold units of a shared one, and the unit price — the NAV, or net asset value — moves with the account's performance.
Use it when the mandate is a fund rather than a set of individual mandates: a minimum ticket size below what a broker account needs, or a strategy that only works at scale.
Creating one
Pools → Create Pool. You choose:
- Account — the trading account the pool is built on. One account, one pool.
- Pool name and an optional description.
- View mode — Private or Transparent. Transparent lets investors see the pool's own performance, not only their slice of it.
- Inception date — when the pool started, which anchors its performance history.
What the pool page shows
Header statistics: the underlying account, NAV / Unit, Total Value, Total Units, and when the NAV was last updated.
The investor table lists each investor with their allocation, current value, total deposited, P&L, and return.
Below that is the transaction history — every deposit and withdrawal, with the NAV at which it was processed.
Deposits and withdrawals
An investor joins by processing a deposit; there is no separate "add investor" step. The deposit buys units at the current NAV, which is what makes the arithmetic fair: joining after a good month costs more per unit, so the new investor does not dilute the gain the existing ones earned.
Withdrawals sell units at the current NAV, the same way round.
Transactions are processed at the NAV in force at the time. Backdating one misprices every unit issued since, and the error propagates through every investor's balance. Record them when they happen.
Pools and billing
Billing add onWith Billing on, investors are billed on their own share of the pool's performance, on a high-water mark that is theirs rather than the pool's. An investor who joined at a peak is not charged for a recovery they were not present for.
What investors see
A pool investor logging into the portal gets My Pools — their allocation, value, and return — and, when the pool is transparent, the pool's own performance alongside their slice. See Client portal.
Bulk loading
Existing pools and their transaction histories can be imported rather than typed in: Settings → Data Import handles both Pools and Pool Transactions. Import the pools first. See Importing data.