How do I change models as a Model Manager?

This guide demonstrates how Model Managers can change models via the Netwealth Portal or CSV upload. Changes require logging in, selecting or importing models, adjusting asset allocations, and submitting for an automatic mandate check. 

This article applies to Model Managers only. If you are a client and wish to take any actions in this article, please contact your adviser or Netwealth.

How do I change models through the Netwealth Portal?  

1. To access the Models page, log in to the Netwealth website and navigate to Models > Models.
2. Select the model you wish to adjust. Note you may also click the date under "Last Modified" to view previous amendments made.
3. Once you are in the selected model page, you can add new assets under the "Add Investment" window. You can also change asset allocations under the "Allocation Change" or "New Allocation" window. The system will balance all changes to cash.
4. Once the changes have been made, click "Submit". This will initiate an automatic mandate check, the change will only be confirmed if there are no mandate breaches.  

If Maker & Checker is enabled, a second user with authority must approve the transaction before the change is released to Netwealth.

How do I change models through CSV?

1. To change models through CSV, log in to the Netwealth website and navigate to Models > Import Model Allocations.
2. Click "Import Template.csv" to download a template file that can then be uploaded.
3. Then click "Export Model.csv" for an output of all models. The export model report shows all underlying assets and floating allocations which can be used in assisting making changes.
4. Populate the three columns in the Import Template. Place the MACC code in column A, Asset Code in column B and intended asset allocation in column C. Note you may use multiple MACC codes/models within the one upload to allow for bulk changes.
   1. Do not include cash. In the template, the cash weight will make up the remaining allocation balance up to 100%.
   2. Any assets that are not included in this upload will be set to 0. It is important that all assets are included with their weight even if no change is made to the current allocation.
5. Upload the import template as a csv to submit. Once the changes have been made, click "Submit". This will initiate an automatic mandate check, the change will only be confirmed if there are no mandate breaches.  

If Maker & Checker is enabled, a second user with authority must approve the transaction before the change is released to Netwealth.

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