Investor Corner/Staying the course/Bringing It All Together
6.2.4 What a Good Analytics Tool Should Show You
A genuinely good portfolio analytics tool should show true XIRR across all your accounts, real asset allocation after removing overlap, capital gains organised by financial year, goal progress, and performance against appropriate benchmarks, all without requiring you to send your data anywhere.
Why each of these specific elements matters
True XIRR, correctly computed across every account and fund you hold combined, gives your actual overall return, not merely a rough, potentially misleading approximation from any single fund viewed in isolation. Real asset allocation, with hybrid and multi cap funds properly decomposed through a genuine look-through, reveals what you truly own beneath the surface labels rather than what each individual fund's name alone suggests.
Why the remaining elements complete the full picture
Capital gains organised clearly by financial year make tax season considerably less stressful and error-prone. Goal progress connects your actual day-to-day numbers to what you are genuinely trying to achieve with that money in the first place. Performance measured properly against an appropriate benchmark tells you honestly whether your specific choices are actually working, rather than simply feeling reasonably fine in isolation.
Why the privacy dimension is not a separate, optional concern
A tool that requires uploading your sensitive financial statements to an external server introduces a real, ongoing data risk that has nothing to do with the quality of its actual analysis or its underlying financial calculations. Genuinely institutional-grade analysis and complete data privacy are not mutually exclusive; both are entirely achievable together, provided the calculations themselves run locally on your own device.
How PriLytics helps. PriLytics was built specifically around this exact list: true XIRR, real allocation, capital gains by year, goal tracking and benchmark comparison, computed entirely on your own computer. See everything PriLytics computes.