Fictional demonstration. No real client, firm or approval. Prices and tax outcomes are not verified or implied.
Example Advisory: portfolio illustration
Client reference: DEMO-001 · Spain, taxable account · Declared data as of 5 September 2026 · Revision 2
Adviser interpretation
The three declared positions total €100,000. Position A represents 60% of the declared value. This measures position concentration only: fund names do not establish issuer, sector or underlying-security diversification.
| Fictional position | Declared value | Weight | Declared TER | Adviser target |
|---|
| A | €60,000 | 60% | 0.20% | 50% |
| B | €30,000 | 30% | 0.15% | 30% |
| C | €10,000 | 10% | Unknown | 20% |
Costs and coverage
Declared cost coverage is 90% by value. Annual fund cost on covered positions is €165 (€60,000 × 0.20% + €30,000 × 0.15%). Whole-portfolio TER is unavailable because C has no declared cost. Transaction fees, spreads, platform fees and tax are excluded.
Adviser-controlled scenario
The target assumptions reduce A by 10 percentage points and increase C by 10. B stays at 30%. These are adviser-entered weights, not a recommendation or a forecast. No projected return, risk reduction, tax saving or executable trade is claimed.
Unavailable analysis
| Dimension | Evidence state |
|---|
| Underlying overlap, geography, sector, issuer | No verified publisher holdings; unavailable. |
| Domicile, share class, currency exposure | No verified instrument reference pack; unavailable. |
| Tax and wrapper effects | No approved jurisdiction/account tax pack; unavailable. |
| Stress and projected outcomes | No validated assumptions or return series; unavailable. |
Version and review record
Calculation model: health-check-1. Adviser model: DEMO-TARGET-2. Input data: fictional-declared-2026-09-05. Tax pack: unavailable. Source: this fictional scenario, no external market prices.
| Revision | Action | Actor |
|---|
| 1 | Draft with incomplete cost note | Fictional analyst |
| 2 | Edited to disclose C cost gap; reviewed and approved for demonstration | Fictional supervising adviser |
A live report records verified user IDs, timestamps, model version and the frozen snapshot hash. This sample does not invent a signed approval or data provenance record.
The professional verifies inputs and approves interpretation before client use. Metruvo supplies portfolio analyses; no custody, execution or suitability decision is provided.