Guide to Mutual Fund Software

Use mutual fund asset allocation software to allocate your portfolio

In order to be a successful mutual funds manager, you'll need a mutual fund tracking software that shows where your assets are allocated. The mutual fund tracking software can show you what funds are underperforming versus ones that are overperforming. You then can decide whether to buy or sell shares or to exit completely from the fund, if it's underperforming.

I recommend: The Windham Portfolio Advisor is a mutual fund portfolio software that produces various return and risk forecasting models; you can use several methods, such as equilibrium or historical. Zephyr Associates also makes mutual fund asset allocation software that’s designed to produce the highest return on your investment. You can use the software to create pie charts to help you manage your risks.

Employ mutual fund management software to manage your portfolio

Good mutual fund tracking software will help you analyze the trends in your portfolio. If the market is in a downturn, you can use the mutual fund tracking software to help you with dollar-cost averaging. You can also keep track of the dividends that the mutual fund distributes.

I recommend: FundBuilder is a mutual fund management software that keeps you on track with your investments by helping you stick with your investment objectives. You’ll also want to look at Beiley Software’s FundManagerSoftware. This product not only tracks all of your purchases, redemptions, or distributions, but it’s also a mutual fund accounting software application in that it reports capital gains.

Let mutual fund trading software help you with trading mutual funds

Like investing in stocks or bonds, you want mutual fund investment software that will help you set up your buy or sell signals. You can study charts, focusing on the mutual fund's price and volume. You can also apply technical indicators to your charts, such as moving averages.

I recommend: Monacle Systems makes mutual fund analysis software that enables you to customize your charts to your investment objectives. Using your investment criteria, it’ll show you buy and sell signals. You’ll also want to check out PremiereTrade Software, which gives you real-time quotes on mutual funds’ prices.