META_NEW_OPTION
The META_NEW_OPTION event creates a new investment option for investing donations. The
event specifies how profits should be divided using three fractions:
Reinvestment_fraction, FutureFund_fraction,
and Charity_fraction. These three fractions must add up to
1. The Bad_year_fraction is a minimal yearly fraction of
the total invested amount that should always be transferred, regardless
of profits. It does not apply to profits, but to the invested value
itself.
Fields
| Field | Type | Description | Value |
|---|---|---|---|
Type |
string | Identifies the event. | META_NEW_OPTION |
Timestamp |
DateTime (ISO-8601) | The time of the event. | |
Code |
string | Identifies the investment option. | |
Name |
string | The name of the investment option. | |
Currency |
string | ISO-4217 currency code of the investment option. | |
Reinvestment_fraction |
decimal(10,10) | The fraction of profits to reinvest. | |
FutureFund_fraction |
decimal(10,10) | The fraction of profits to donate to the future fund. | |
Charity_fraction |
decimal(10,10) | The fraction of profits to donate to the charity. | |
Bad_year_fraction |
decimal(10,10) | The minimal yearly fraction of the total option worth that should always be transferred. |
Purpose
This event is essential for onboarding new investment options and defining how profits and minimum transfers are handled.
By J.W. Morsink
© 2025 