PORTAX

PORTAX is a after-tax portfolio analysis tool designed to assist financial advisors, wealth managers, investment managers, tax professionals, and institutional investors in optimizing their portfolios and making informed asset allocation decisions. According to the vendor, this software offers a range of features to analyze portfolios, including multiple period horizons, margin trading, short sales trading, futures trading, sub portfolios for different tax and ownership structures, user-supplied asset class data for forecasting, Monte Carlo simulation, "What If" portfolio scenarios, international currency and tax rate modeling, and extensive private-branded client reporting. Whether managing portfolios for individuals or institutions, PORTAX aims to provide the necessary tools for optimizing investment strategies and maximizing after-tax returns.

Key Features

After-Tax Portfolio Optimization and Asset Allocation: PORTAX provides detailed analysis of portfolios with multiple period horizons, offering per period results for asset weight, market value, cost basis, cash flows, management fee, turnover, taxes, after-tax returns, and alpha performance for each asset, according to the vendor.

Margin Trading with borrowed funds: PORTAX enables users to trade with borrowed funds through margin trading, potentially providing increased investment opportunities and potential returns, according to the vendor.

Short Sales Trading with reserve account: The software supports short sales trading with a reserve account, offering flexibility in trading strategies and the potential to profit from declining market prices, according to the vendor.

Futures Trading with Long, Short, Hedge, and Cross Hedge positions: PORTAX facilitates futures trading, offering options for long, short, hedge, and cross hedge positions. This feature allows users to manage risk and potentially take advantage of price movements in the futures market, according to the vendor.

Sub Portfolios for Modeling Different Tax and Ownership Structures: Users can create sub-portfolios within PORTAX to model different tax and ownership structures, enabling accurate analysis and optimization based on specific requirements, according to the vendor.

User Supplied Asset Class Daily Price and Return Series for Forecasting Inputs in up to 20 markets each with up to 100 Asset Classes: PORTAX allows users to input daily price and return series for asset classes in up to 20 markets, with each market supporting up to 100 asset classes. This feature aims to provide valuable forecasting inputs for portfolio analysis and decision-making, according to the vendor.

Monte Carlo Simulation for Constructed Portfolios including Asset Skewness and Kurtosis: The software offers Monte Carlo simulation capabilities for constructed portfolios, taking into account asset skewness and kurtosis. This feature aims to help users assess the potential risk and return characteristics of their portfolios under various market scenarios, according to the vendor.

What If Portfolios for Creating and Comparing Custom Portfolios: PORTAX enables users to create and compare custom portfolios using "What If" scenarios. This feature allows for the evaluation of different investment strategies and the identification of optimal portfolio allocations, according to the vendor.

International Currencies and Tax Rates for Modeling Around the World: Users can model portfolios in different international currencies and tax rates within PORTAX, providing a global perspective and ensuring accurate analysis for diverse investment scenarios, according to the vendor.

Economic Cycles and Shifts with time varying asset statistics: PORTAX incorporates economic cycles and shifts with time-varying asset statistics into portfolio analysis. This feature aims to help users understand the potential impact of changing market conditions on their portfolios and make informed investment decisions, according to the vendor.