The Product \ Version History

Version History

SmartFolio 3.0.83

Bug fixes

SmartFolio failing to import dividend data from Yahoo!Finance due to change in the Yahoo dividend history page - fixed.

SmartFolio 3.0.82

Bug fixes

Fix of incorrect calculation of parameter Mu (vector of expected returns) when risk-free rate and/or dividend yields are non-zero and one of the following two estimation methods is applied:

SmartFolio 3.0.79

Bug fixes

Incorrect calculation of WFO out-of-sample periods (influenced calculations only if out-of-sample period length was set equal to several days or less) - fixed. Now lengths of in-sample and out-of-sample periods are set in periods instead of calendar days.

SmartFolio 3.0.78

Bug fixes

Incorrect import of dividend data from Yahoo!Finance due to another change in the Yahoo dividend history page - fixed.

SmartFolio 3.0.77

Bug fixes

Incorrect import of split data from Yahoo!Finance due to changes in the Yahoo dividend history page - fixed.

SmartFolio 3.0.76

Compatibility

Partial Excel 2010 support (custom ribbon icons currently can't be displayed)

Bug fixes

Import from Yahoo!Finance error due to changes in the Yahoo dividend history page - fixed.

SmartFolio 3.0.68

Compatibility

Windows 7 support

Bug fixes

The "Could not load some objects because they are not available on this machine" error appears on some machines - fixed
Updates from Excel table work incorrectly in case of only one new data point - fixed

SmartFolio 3.0.66

Bug fixes

Error during optimization with group constraints taken from MS Access database - fixed

SmartFolio 3.0.65

Bug fixes

Microsoft Office 2007 SP2 compatibility

SmartFolio 3.0.60

Bug fixes

Importing of long symbol lists from Yahoo!Finance (IE cache bug) - fixed

SmartFolio 3

Compatibility

Windows Vista support

Data Management

Batch import from Yahoo!Finance and text files;

Import from an Excel table (either prices or returns);

Import from Bloomberg Professional;

Automatic update from all 4 sources;

Separate storage of asset prices and correction values such as dividends and splits.

Parameter Estimation

The Black-Litterman model

Portfolio Optimization

Fully automatic walk-forward optimization as a new option in the Portfolio Optimization dialog

SmartFolio Professional Edition version 2.0.2.

Bug fixes

Sometimes "Type Mismatch" error is generated during portfolio construction if Access is selected as a data source - fixed.
Can't change path to the database file in Options dialog - fixed.
Minor bugs in TreeView dialog - fixed.

SmartFolio Professional Edition version 2.0.1.

Improvements

The Text File Import procedure improved to support wider range of date formats.

Bug fixes

"Type Mismatch" error that appears during IPOPT optimization on machines with non-English Windows Regional Settings - fixed.
Corrupted Conditional Formatting on machines with Excel 2007 and non-English Windows Regional Settings - fixed.
"Type Mismatch" error in Bootstrapping dialog on some machines with non-English Windows Regional Settings - fixed.
A chart Task Pane sometimes appears after opening a previously saved smartbook in Excel 2007 - fixed.
The Text File Import procedure fails to automatically recognize date format - fixed.

SmartFolio Professional Edition version 2.0.

Improvements

Full support for Excel 2007 including:

Greatly improved look of charts and tables
Maximum portfolio size is now 16368 (Corporate License only)
Enhanced conditional formatting
Custom task panes in charts
Ribbon panel

Now there is only one place to set portfolio weights. These portfolio weights are then used both in analytical model calculations and in historical simulations.

Now you can save various asset mixes for already generated portfolio. This functionality can be used to store portfolio structures of interest. Saved asset mixes are also shown on Risk-Reward plane along individual assets and the current portfolio itself.

Bug fixes

Bug of not taking into account lower bounds on portfolio weights during Solver optimization - fixed.
Formatting bug in main table that appears if non-cash risk-free asset is selected during portfolio construction - fixed.
Bug that appears when trying to delete the last asset in the Manage Assets dialog - fixed.

SmartFolio Academic Edition version 1.0.3.

Improvements

Reduced installation package size - flash tutorials now downloaded from the Web.

Bug fixes

Bug of not taking into account lower bounds on portfolio weights during optimization - fixed
Formatting bug in main table that appears for non-cash risk-free asset - fixed
Bug that appears when trying to delete the last asset in Manage Assets dialog - fixed.

SmartFolio Professional Edition version 1.0.2.

Improvements

Userforms Tab order functionality improved

Bug fixes

Bug in Manage Groups dialog fixed
Incorrect handling of "Microsoft Excel is not installed" situation fixed

SmartFolio Professional Edition version 1.0.1.

Improvements

IPOPT Options dialog redesigned to show more available options
Flash tutorials updated to reflect recent changes

Bug fixes

Historical optimization bug fixed
Minor bug in Manage Assets dialog fixed