The out process checklist

1. Create a branch Exit_{yyyymm}

2. Determine cost compensation.

Cost compensation consists of:

• ETF costs automatically deducted from the cash amount of the fund
• Dividends are transferred to the cash part of the investment account, but aren’t administered in regular Enter and Invest events.

3. Lookup data on saxoinvestor.nl.

We need to let the Exit/Liquidate happen just before the Enter/Invest. This is why we follow the same subprocedure as we do for the ‘in process’:

• On the ‘Transacties’ tab the automatic investment transactions can be found with:

  • A total amount for the transactions. (Only needed for the ‘in process’)

  • An execution date for the transactions. We use a convention to administer this on the midnight before.

• We need the invested amount for the closing of the day before. Use the ‘Historie’ feature of the ‘Overzicht’ tab.

4. Fill in the top part of the Conversion/Liquidate form

• Use the cost compensation determined in step 2.
• Enter the invested amount determined in step 3.
• Enter the execution date determined in step 3 in the timestamp field (Timestamp can be omitted).
  • Must be in the yyyy-mm-dd format.

5. Click on the Recalculate button and determine liquidation, fill in the bottom part

• Recalculate determines the need for liquidation of funds for the Exit step.

  It will probably result in a 0-liquidation, if so:

  • Hit the Zero liquidation button to automatically fill in New invested and cash amounts.

  If not:

  • Determine and fill in the new invested and cash amounts.

• Optionally enter a transaction reference.

6. Click on the Liquidate button, you are redirected to the Exit step.

7. Check the timestamp

8. Click on the Recalculate button to determine the actual Exit amount.

9. Click on the Exit button to confirm the Exit.

10. Switch to Main and fastforward to the working branch, if everything looks good.

11. Delete the working branch.

12. You can optionally administer transfers now.