PCT No. PCT / EP95 / 04823 Sec. 371 Date Aug. 8, 1997 Sec. 102(e) Date Aug. 8, 1997 PCT Filed Dec. 8, 1995 PCT Pub. No. WO97 / 22071 PCT Pub. Date Jun. 19, 1997In a method for distributing securities of portfolio items among a plurality of internal portfolios, each portfolio item has a determined number of securities distributed over each internal portfolio according to a determined consolidation ratio (CRCi,,j-1) attributed to each internal portfolio. A total value (PVj-1) of the portfolio items is determined and a transaction assigned to one portfolio item within one internal portfolio is received, having a transaction value (NCAi). A further consolidation ratio (CRCi,j) is determined for each internal portfolio based on the consolidation ratio (CRCi,j-1), total cash assets (PVj-i), and the transaction value (NCAi). In a further step, a transfer of a determined number of securities is performed, for each portfolio item, from each internal portfolio to the one internal portfolio to which the transaction is assigned. Finally, the transaction is allotted to each of said internal portfolios according to the further consolidation ratio (CRCi,j). The result is that the portfolios are cloned portfolios, i.e. internal portfolios being equivalent on a relative basis.