Sharesight
Sharesight is a professional portfolio tracking platform designed specifically for Australian investors. It automatically handles dividend franking credits, CGT calculations, and performance analytics that make tax time easier and investment decisions smarter.
Key Features
Automatic ASX data feeds with real-time pricing
Franking credit tracking and CGT calculations
Performance reporting with benchmarking against indices
Dividend tracking with reinvestment handling
Tax reporting integration with Australian tax system
Practical Use Cases
Tax Preparation
Generate comprehensive tax reports with all dividend income, franking credits, and capital gains/losses clearly documented.
Performance Analysis
Compare your portfolio performance against ASX indices and sector benchmarks to evaluate your investment strategy.
Rebalancing Decisions
Use asset allocation views to identify when your portfolio has drifted from target weights.
FIRE Planning
Track progress toward financial independence with dividend income projections and withdrawal rate analysis.
Pros and Cons
✓ Pros
• Excellent Australian tax compliance features
• Automatic data feeds reduce manual entry errors
• Professional-grade reporting suitable for advisors
• Handles complex scenarios like DRPs and corporate actions
• Strong customer support with Australian tax knowledge
✗ Cons
• More expensive than generic portfolio trackers
• Primarily focused on Australian markets (limited for international)
• Interface can be overwhelming for simple portfolios
• Learning curve for all the advanced features
• Overkill if you only have a few holdings
My Experience
“I've used Sharesight for 4+ years across multiple portfolios. The franking credit tracking alone saved me hours during tax time. The performance reporting helped me realize my individual stock picking was underperforming index funds, leading to a strategy shift toward ETFs.”