Asset Basset tracks investments, specializing in asset allocation. It will perform the following useful functions:
1) It tracks allocation in various asset classes (foreign/domestic, equity/bond, small-cap/large-cap, etc.). A unique feature is the ability to allocate percentage amounts within a single investment; for example, a mutual fund 60% in stock and 40% in bonds can be accurately represented in Asset Basset By enabling percentage allocations within an investment, Asset Basset lets you monitor the allocation and performance of your investments with a precision limited only by your knowledge of your own investments.
2) It lets you define portfolios using allocation criteria, e.g., "foreign" or "foreign fixed-income" and monitor the performance of the portfolio.
3) It calculates the cost-basis of each investment, using either the average-cost or first-in-first-out methods, and generates tax-reports of capital gains and distributions for any year.
4) It calculates total profit using the time-value of money, with methods such as the internal rate of return, and the discounting/compounding of cash flows.
5) It keeps track of total worth, out-of-pocket cost, and so on.
Asset Basset is distributed as a standalone application, requiring no additional files, and as a Hypercard stack; the stack version requires about 1 MB less disk space. Asset Basset will be very slow on a 68K Mac without a math co-processor. It requires a minimum of 1.1 MB of RAM.
Asset Basset is shareware. There is no charge to distribute it without charge (which is not to say it may be used without charge).
