A new transaction type is now available - Convert / Move - designed to handle asset transformations and transfers while maintaining accurate portfolio tracking.
When to use Convert / Move:
Ticker changes - When a company changes its trading symbol
Corporate actions - Mergers, spin-offs, and reorganizations
Crypto migrations - Token swaps or blockchain upgrades
Broker-to-broker transfers - Moving positions between accounts without selling
While you can use Convert for currency conversions, we recommend using the Buy transaction type for cash conversions instead for cleaner tracking. Especially as cash tracking is already in Early Access.
How it works:
The Convert transaction preserves your investment history by forwarding the original position's cost basis to the new position. This means:
✅ No realized gains or losses on conversion
✅ Continuous performance tracking across both assets
✅ Accurate long-term returns
Of course, you can always set a fixed cost-basis, that will be used to properly calculate returns and possible tax obligations.
🦉 Note on return rates: Individual positions may show sudden profit/loss changes on the conversion date (the source position transfers all its gains/losses, while the new position inherits them). However, when viewing both assets together, your returns remain continuous and accurate.
Fetch market prices in imports
You can now fetch and use market prices in imports! Just add a Fetch Market Price statement, configure it with asset, date and optional currency, and use the price value wherever you need by referencing the Fetched Market Price property.