What does STM do for you?
STM automatically:
- Imports trades into the STM system from other electronic sources
- Checks your balances and trades with the registries
- Follows the corporate action decisions you made
- Ensures corporate actions are done properly for CGT purposes
- Calculates your realised and unrealised CGT liabilities
- Optimises CGT liablities with a large variety of methods to chose from
- Calculates your income statement showing the tax components
- Maintains your portfolios without you having to worry about the tax treatment of corporate actions
- Reconstructs a share holding from a previous balance to the most recent balance. All you do is input the previous and recent balances as well as the buys and sells you have made in between. STM will take care of the rest
- Obtains what is at the share registry. The balances at any date and the transactions can be loaded automatically into STM once you have input the HIN/SRN number (or registered your portfolio at the registry). Hence it is easy to see what has happened at the registry and what transactions you have in STM
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