Automated strategies - stop diversification reset & actual portfolio per LO
Every time I change something in my automated strategies I have to re-do my diversification settings for no reason. I always use custom diversifications, as mintos default ones are (and ALWAYS were) really stupid and inflexible.
There is no need to ever reset the diversification for people using custom settings.
Secondly, in the diversification settings it is NECESSARY to add a field for each LO to see how much money you invested in that LO across your account, and not just the target investment for that specific automated strategy.
It is not really helpful do diversify based on strategy, but on an account basis. Sounds so...logical, yet right now I need to manally do this with my own spreadsheets.
Hello Dragos-Cristian Vasilescu,
Thank you for sharing your feedback.
Currently, the system is indeed set up in a way so that diversification settings reset to default values whenever strategy criteria are modified. It's needed that each investor reviews the diversification setting every time changes are being made because by changing the criteria, we select the appropriate Notes and recalculate the diversification rates for each lending company. Diversification settings also work on a strategy level, as you mention. However, we appreciate your suggestions, and we will consider them when planning improvements for Custom Automated Strategies. Some time ago, we also introduced dynamic diversification, which automatically updates every day and takes into account outstanding investments, Notes available for investments, and average weekly investments in the last 4 weeks on Mintos.
You can see a breakdown of your exposure to each lending group and each legal entity in a chart available in the top right corner on the Portfolio page. Please note that investments are reported separately as Claims and Notes due to legal requirements, and the legal entity view is only available for Notes.0
My bug report (as this is a bug, not a feature request) regards only custom diversification. There is never a need to (re)calculate anything in custom diversification. That is what those are for, to not let Mintos do anything automatically.
There is no need to recalculate or reset all diversifications if I change the average investment in each note by 1 EUR....
The custom automated strategies together with the custom diversification settings should allow the most manual control and granularity for the investor, with Mintos not needing to undertake anything.0
Hi Dragos-Cristian Vasilescu,
Thank you for your insights. This is not a bug, but expected behavior based on how we approach the logic of diversification settings. However, we understand how some investors may prefer not to want to update their allocation percentages after updating their strategy criteria when using custom diversification, and we will consider this for a future update.0
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