--- title: "How do I run cash equitisation in the Rebalance dashboard?" slug: "how-do-i-run-cash-equitisation-in-the-rebalance-dashboard" updated: 2025-12-22T09:32:37Z published: 2025-12-22T09:32:37Z canonical: "support.lusid.com/how-do-i-run-cash-equitisation-in-the-rebalance-dashboard" --- > ## Documentation Index > Fetch the complete documentation index at: https://support.lusid.com/llms.txt > Use this file to discover all available pages before exploring further. # How do I run cash equitisation in the Rebalance dashboard? The Rebalance dashboard has a cash equitisation utility that allows you to increase your holdings exposure while maintaining your cash balance. To do this, you must: 1. Create a [reference portfolio](/v1/docs/what-is-a-reference-portfolio) model containing one or more derivatives [instruments](/v1/docs/what-instruments-does-lusid-support), for example futures. 2. Add the reference portfolio to a [portfolio mapping](/v1/docs/what-are-portfolio-mappings) in your Rebalance dashboard. 3. Run a cash equitisation rebalance. The Rebalance dashboard can then generate orders for the derivatives in your reference portfolio to meet your specified holdings exposure target. > [!NOTE] > Prerequisites > > To run cash equitisation, you must first enable the cash equitisation feature in your LUSID domain. To do this: > > 1. Navigate to **Data Management > Relationships**. > 2. Click **Create relationship definition**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image-HBP93SM4.png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) > 3. Specify the following values and then click **Save**: > > ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image-0CWGX33Z.png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) > - **Scope:** `PMS` > - **Code:** `CashEquitisation` > - **Display Name:** `CashEquitisation` > - **Source Entity Type:** `Portfolio` > - **Target Entity Type:** `Portfolio` > - **Outward Description:** `CashEquitisation` > - **Inward Description:** `CashEquitisation` > - **Lifetime:** `Perpetual` > - **Cardinality:** `ManyToMany` > 4. Repeat steps 2 and 3 to create another relationship definition, this time specifying the following values: > > ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image-N9J1L1XS.png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) > - **Scope:** `PMS` > - **Code:** `GroupCashEquitisation` > - **Display Name:** `GroupCashEquitisation` > - **Source Entity Type:** `PortfolioGroup` > - **Target Entity Type:** `Portfolio` > - **Outward Description:** `GroupCashEquitisation` > - **Inward Description:** `GroupCashEquitisation` > - **Lifetime:** `Perpetual` > - **Cardinality:** `ManyToMany` ## Step 1: Create a reference portfolio 1. Sign in to the [LUSID web app](https://www.lusid.com/app/home) with suitable user credentials. 2. Navigate to **Data Management > Portfolios** from the top left menu. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(390).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 3. Select **Create portfolio** (top right). 4. Choose **Reference** as the portfolio **Type** and specify a **Scope** and **Code** that uniquely identifies the reference portfolio, a **Display Name**, and an **Effective date**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(391).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 5. Once created, locate the portfolio on the dashboard and select the **Menu** icon > **Create constituent**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(392).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 6. For each [constituent](/v1/docs/loading-constituents-and-rebalancing-a-reference-portfolio), select an instrument and provide a **Weight** and **Currency**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(394).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 7. Click **Save** to create your constituents. ## Step 2: Add portfolio mapping to Rebalance dashboard 1. Navigate to **Portfolio Management > Rebalance** from the top left menu and select your **Portfolio / Group** as usual. 2. Click **Add mapping** and choose **Create new mapping**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(759).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 3. Specify a **Display Name** for the mapping and choose the mapping [**Recipe**](/v1/docs/what-is-a-recipe), **Rebalance Configuration** and **Currency**. Note this recipe overrides any existing recipe chosen in the Rebalance dashboard. 4. Navigate to the **Cash Equitisation** tab, click **Add**, and select your reference portfolio. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(396).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 5. Enter a value for your equitisation **Target Exposure** and **Minimum Exposure**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(397).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 6. Click **Save** to finish your portfolio mapping. ## Step 3: Run cash equitisation 1. On your Rebalance dashboard, choose one or more rows and select the **Options** icon > **Control panel**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(401).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 2. Choose a **Weighting** of **Model** and a **Relationship type** of **Cash Equitisation**.![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(398).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) After selecting **Run**, LUSID populates the Rebalance dashboard with your targets. The **Resulting Order Quantity** column displays the required number of futures (from the specified reference portfolio mapping) to bring the exposure percentage to the specified target. > [!TIP] > Tip > > Click on the image below to enlarge it. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(403).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D) 3. At this point you can choose to make further adjustments to your targets, such as manually inputting figures to particular cells. When you’re ready, select **Generate orders** and have LUSID create the [orders](/v1/docs/what-is-an-order-in-lusid) necessary for cash equitisation. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(404).png?sv=2026-02-06&spr=https&st=2026-11-09T05%3A50%3A12Z&se=2026-11-09T06%3A50%3A12Z&sr=c&sp=r&sig=YGowN2mp0IdzG6WRIURpmVRshW8QSVq880f5OYbMDcU%3D)