Update Ring-fenced Cash and Perform Raise Functionality

Update Ring-fenced Cash and Perform Raise functionality enables you to protect new cash from auto-investing.

Ring-fenced Cash sits in addition to the cash held back for the payment of fees and regular withdrawals, as calculated by the Buying Power Algorithm.

Ring-fencing does not stop a Regular Contribution from being invested, that will continue to work as a straight through process.

You can check the cash position at any time by looking at the “Portfolio Effect” screen within the “Portfolio Switch/Rebalance” action, “Rebalance the current model” (you do NOT need to complete this instruction- this is simply to view the cash position):

Instruct Update Ring-fenced Cash as soon as you know that the new money arriving is NOT to be wholly invested in the Market.

Click into the All-Account Actions (double cog icon) in the relevant Account and select Update Ring-fenced Cash:

Type in the amount you wish to Ring-fence and click Update Ring-fenced Amount:

Click OK to confirm instruction:

The Firm Administrator can check all Ring-fenced Cash positions on the daily Ring-Fenced Cash report, which is found the Company Reports area of the Admin (Cog) Menu:

When you wish to remove the Ring-fence, you simply go into the function and change the amount to a lower amount, or back to zero.

Update Ring-fenced Cash does NOT instruct any trades, so when you remove the Ring-Fence you must then instruct Invest Surplus Cash which is found in the Portfolio Switch Rebalance function in the All-Account Actions dropdown:

This will then ensure that the Account is fully invested in the Market, or that the correctly reduced Ring-fenced Cash amount is now held back.

Please refer to the Perform Raise (Proportional Sell) guide Helpdesk : Hubwise Customer Services

Update Ring-fenced Cash must be used to protect the cash once it has been raised.