Skandia/Morningstar put commentary in the Box
MorningstarandAustralian Skandiahas added a style commentary to the Skandia Morningstar Global Style Box, to provide a greater understanding of a fund's investment style and size bias.
The single page Quarterly Review now allows the adviser to track a fund’s investment style history, in addition to viewing the Skandia Morningstar Global Style Box details.
Morningstar has developed the commentary which investigates any style or size bias drift experienced by a fund over the latest quarter. The Quarterly Review also includes the market capitalisation and style classification of a fund’s top 10 stock holdings by portfolio weighting.
Also represented graphically in the commentary is the fund’s investment style history, helping to provide greater clarity about a fund’s composition.
Australian Skandia was the first financial services group to take up the Morningstar Global Style Box after it was released to the financial planning market last year, at the same time as the investment house launched its first products to the market.
AUTHOR
Nicole Szollos
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