Performance data
Risk Warning
This content is for users of the Wrap Investment Hub and must not be relied on by anyone else. The value of investments can go down as well as up and may be worth less than originally invested.
Shadow model account
A shadow model account is a ‘dummy’ account that is generated for each model portfolio you create. These dummy accounts are created with a notional value of £1million (chosen to avoid any rounding having a disproportionate effect) when you create and submit a new model portfolio.
The dummy accounts mirror the investment performance of the model portfolio by reflecting actual changes in asset allocation and any rebalances to give you a more accurate measurement of model portfolio performance.
The shadow model account is subject to charges, interest and corporate actions. You have the same functionality on a shadow model account as you have on an individual client account.
Viewing a shadow model account
From the model portfolio main menu, click on the hyperlink name of a model portfolio in the table that lists all your model portfolios to reveal a summary page where you have an option to view the shadow model account.
Click on the shadow model account button to view performance information.
Shadow model account performance
To view performance select the ‘portfolio menu’ and then select ‘performance’. Once you’ve reached the performance page, you can view shadow model account performance from inception or selected date range.
- Opening portfolio value - the total value of the shadow model account at the start of the reporting period.
- Net gain/loss - difference between opening and closing value.
- Interest - value of interest received on cash assets in the period.
- Distributions - value of distributions received in the period.
- Tax - amount of tax paid on interest and distributions.
- Charges - amount of charges deducted in the reporting period. This includes the Portfolio Manager Fee and any trading charges. This does not cover any charges that are taken on the Wrap platform including Wrap product charges and adviser charges.
- Closing portfolio value - total value of the shadow model account at the end of the reporting period.