To add the rationales, you will need access to the Setup area of Fastrak, if you do not have these permissions, please contact your Firm Administrator so that they can contact us to arrange this.
Purchase Rationales
To add the Rationales for Purchase simply go to Setup / Model Portfolios, select the correct combination of Model Portfolio & Risk Profile:-
Find the fund that you want to add a Rationale for and select the 
symbol. This will expand the Fund and reveal the Rationale for Buy/Sell: window. Simply paste or type in the text that you wish to display in the reports:-
This functionality within Fastrak has Spell Check built in which enables you to spot potential errors.
Once this field is updated it will record the details of when and who last updated this data, creating an audit trail.
The rationale that you add here should pull through to all Risk Profile versions of the Model Portfolio. If you have more than one Model you will need to replicate this text in each.
Sale Rationales
In the case of Fund Sales, it is highly unlikely that the fund will appear in the Model Portfolio as it is being sold for a reason. Instead you will need to first add the fund into the Model with a 0% share to access the rationale field.
Again, select the correct combination of Model Portfolio & Risk Profile. Then within each Sector header bar select the green cross and this will display a list of all assigned funds for that Sector.
Select all funds that you wish to add a Sale Rationale for within that Sector and select ‘Add Selected…’
This will add the Fund(s) into the Sector within the Model Portfolio with a 0% share. This may take a few seconds, please be patient.
You can then utilise the downward double arrow so that you can add the narrative as per the purchases.
Again, the rationale that you add here should pull through to all Risk Profile versions of the Model Portfolio. If you have more than one Model you will need to replicate this text in each.
