META_UPDATE_FRACTIONS
The META_UPDATE_FRACTIONS event updates the reinvestment
fractions for an investment option. The three fractions
(Reinvestment_fraction, FutureFund_fraction,
and Charity_fraction) must add up to 1. The
Bad_year_fraction specifies the minimal fraction of the
total amount in the investment option that should always be transferred,
regardless of profits.
Fields
| Field | Type | Description | Value |
|---|---|---|---|
Type |
string | Identifies the event. | META_UPDATE_FRACTIONS |
Timestamp |
DateTime (ISO-8601) | The time of the event. | |
Code |
string | The identifier for 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 fraction of the total option amount that should always be transferred. |
Purpose
This event is essential for updating how profits and minimum transfers are handled for an investment option.
By J.W. Morsink