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Get on top of corporate actions before EOFY

by David Olsen, Content Manager, Sharesight

With the Australian EOFY rapidly approaching, now is the perfect time to ensure any corporate actions you are impacted by are accurately recorded within your Sharesight portfolio. As we’ve previously written, corporate actions greatly impact portfolio performance, and because your broker doesn’t take corporate actions into account, their performance numbers can mislead you.

portfolio proactive

Catch-up on complex corporate actions

Fortunately the vast majority of day-to-day corporate actions (such as dividends and share splits) are automatically incorporated by Sharesight. Here are the more complex corporate actions that may require you to take additional steps to ensure they are correctly recorded within your Sharesight portfolio:

Corporate actions news

Help pages for this year’s major corporate actions

Need to handle corporate actions not listed above?

Last year Sharesight released the Merge Holding feature which allows you to manage most of the day-to-day corporate actions encountered in Australia (and other markets). For detailed help on using this feature, please read the Mergers Sharesight Help Page.

Be portfolio proactive before EOFY

This is the time of year to be portfolio proactive! Get on top of your portfolio admin before the EOFY to put yourself in the best financial position. For example, Sharesight’s Unrealised Capital Gains Report displays the short and long term capital gains and losses of all your holdings – so it makes it easy to forecast the tax implications of selling before June 30.

To learn more about how Sharesight handles corporate actions, visit our Corporate Actions help page. And for help with other corporate actions, leave a message on our community forum.



Important Disclaimer: We do not provide tax advice. Make sure you seek appropriate tax advice before implementing the ideas in this post.

Corporate actions from 2017 you may have missed

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