One portfolio. Four questions.
An investor holding funds outside a wrapper is already running an accounting system, whether they planned to or not. Allocra is that system run properly. It keeps one record of what you hold and answers the four questions every investor meets, in the order they meet them: what do I hold, what does it cost, how does it compare, what must I declare.
Your records. Our arithmetic. You verify.
What you hold
Everything starts from one record: each fund by its ISIN, the account it sits in, and from your transaction history the units and the cost behind them. You enter holdings by hand or import a platform export, and every other section of Allocra reads from this record. There is one place to enter a holding, not three.
Each fund is matched against a verified universe of UK and US listed ETFs, refreshed weekly, so the facts beside it (domicile, replication, distribution policy, ongoing charge) come from the data, not from your memory. Where an offshore fund is concerned, its HMRC reporting status is checked against the published list and dated, because that status decides how a gain is taxed.
Live today
Holdings by ISIN across general investment accounts, stocks and shares ISAs, SIPPs and other pensions, Lifetime ISAs and Junior ISAs. Import from an interactive investor transaction export; other platforms follow. Reporting status checked against the HMRC list, with the list date shown.
The X-Ray of your record: how much of your portfolio is the same few companies counted several times over, and where your geographic and sector exposure really sits once overlap is accounted for, from issuer-published holdings with the coverage stated. The same X-Ray for the nine most-held UK retail ETFs is free on the site, no sign-in.
Rules stated on these screens are HMRC's. Allocra serves UK investors today; see who Allocra is written for.
What it costs
The cost of a portfolio is not the number on the factsheet. It is the ongoing charge, plus the platform's fee with its caps applied correctly, plus dealing spreads, plus the drag from currency conversion and withholding tax, plus whatever an adviser takes, compounded over the years you intend to hold. Allocra adds it up the way it is actually charged and shows the total over your horizon, with every input dated and sourced.
It starts with what the funds themselves take. Inside your account, the ongoing charge of every fund in your record is applied to its value at the latest close: pounds a year at today's values, and the value-weighted charge across the portfolio. What is not yet counted (the platform's fee and caps, dealing, spreads, currency margin, withholding tax) is listed on the screen rather than left to be assumed.
Live today
Fund charges on your own record, in pounds a year, with the lines that cannot be costed named and the reason given. Cost facts (ongoing charge, reporting status, withholding drag) for every fund in the universe.
True Cost: the full cost of holding nine popular UK retail ETFs across six verified UK platforms, compounded over the horizon you choose. Platform charges re-verified monthly with the confirmation date on the page. Free, no sign-in.
The Fee Clock: what UK investors pay in investing costs, per second, from published assets and charges, every number sourced and dated. Free, no sign-in.
How the arithmetic works, including the cap logic most comparisons get wrong, is on the Methodology page.
How it compares
Every comparison in this section is against something you chose. One provider against another on charges, fund range and service. The two listings of the same fund, sterling and dollar, which are one holding for tax and two for cost. A draft portfolio you built, sized to your capital, goal and risk, against the one you hold. Today's weights against the target you set, so you can see how far the market has moved you.
Allocra shows the gap and the working. It does not say which way to close it. The heading is a comparison, not a recommendation, and that is deliberate: the decision is yours, and Allocra is built so that it stays yours.
Live today
Provider comparison across UK platforms. Fund comparison across the verified universe, ranked by cost, yield or exposure with no sponsored results. Draft portfolios sized to capital, goal and risk, with forecasts derived from the portfolio you built, an income calendar, and alerts on concentration and income. Saved draft portfolios re-read against fresh data every Saturday.
For advisers and accountants, the same page at client level, with a data statement: for professionals.
What to declare
Behind this question sits The Ledger: the records HMRC expects, the arithmetic the rules require, and the working shown for every disposal. Import your transactions and The Ledger identifies each sale against its purchases under the rules in the order the law applies them (same day, then the following thirty days, then the section 104 pool), computes the gain or loss, and summarises each tax year against the annual exempt amount so you know whether a return is needed.
Whether a gain is a capital gain or offshore income depends on the fund's reporting status on the day, which is why What to declare reads the same record as What you hold. ISA and pension transactions are kept and listed but never computed; the capital gains rules do not reach them.
Live today
Reporting status for every holding, dated against the HMRC list. Transaction import from interactive investor as it comes, and from any other transaction file (a back-office export, another platform, your own spreadsheet) once you say which column is which. Section 104 pool, same day and thirty day identification, gains and losses by tax year, the annual exempt amount and the reporting threshold for 2025/26 and 2026/27, and the working behind every figure, expandable line by line. Excess reportable income from the issuers' own reports, in sterling at the Bank of England rate, posted to the pool. Dates and alerts, and the year-end pack keyed to the return. Export of the record as a file at any time.
The published excess reportable income figure for a fund, with the working and the sources, is on its own page: excess reportable income, fund by fund.
Rules applied: Taxation of Chargeable Gains Act 1992 sections 104, 105 and 106A, as HMRC describes them in its Capital Gains Manual. Every screen says whose rule it is applying.
The Long View
Above the four questions sits the editorial layer. The Long View is a short essay every Friday morning on one thing that costs investors money and is rarely explained: the mechanics of fees, the arithmetic of drag, the history behind a rule. Every figure in it is dated and sourced, and it never names a product. It is free, and it is where Allocra says what has changed and what is next.
Where your record lives
The record is the most sensitive thing Allocra sees: dated trades, sterling amounts, gains and losses. The arithmetic runs in your browser, so nothing about it requires Allocra to hold a figure. You choose where the record is stored, once, and can change it or delete every copy at any time under Your data.
Structure only
Nothing is stored. You see the full framework and working for this session; it is gone when you close the tab.
This device
Your full record, in this browser only. Nothing on our servers. Export a file to keep a copy or move it.
Synced to your account
Your full record in this browser and in your account, so it follows you across devices. Deletable in one action.
Every level runs the same arithmetic on the same data. The detail is in the privacy policy, section 3.4.
Who Allocra is written for
Allocra serves UK investors today: HMRC's rules, ISAs and SIPPs, the section 104 pool. US listed funds are in the universe because UK investors hold them. A US edition is intended and will be built on US law (cost basis by lot, the wash sale rule, PFIC) when the UK platform is complete; The Long View will say when. Every screen states whose rule it is applying, so the second jurisdiction can be added without rewriting the first.
Stated 20 September 2026. What is live and what is next is on the roadmap, dated.
The subscription
Full access to Allocra and everything that ships: what you hold, what it costs, how it compares, what to declare. A free seat, and a subscription at £9 a month or £79 a year. Any change to the price is announced to subscribers at least sixty days ahead and applies only from their next renewal. The free seat keeps the record, holdings, costs and comparison; the subscription adds the Ledger workings, the year-end pack and the alerts.
Allocra is educational and analytical. Nothing on this page or in your account is investment, tax or financial advice. Allocra Ltd is not authorised or regulated by the Financial Conduct Authority. See the disclaimer.