Is Sharesight looking to create any specific way to handle asset base resets for Superfunds based on the new Div 296 rules? i.e. if a Superfund elects to use the reset asset base offer, prior to 30 June 2026, then each asset will need to be tracked using the old asset base price (for standard ATO tax considerations) and new asset base (for the new Div 296 considerations). So in effect, 2 x portfolios may be the quickest answer/way forward. Any thoughts?
@thebruce we haven’t got any plan on this front. You’re correct. The current approach is to ‘split’ the portfolio in two. One for the existing portfolio and another with the cost base reset for each holding (opening balance with total cost base = closing market price).