Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Morningstar Recognizes Target Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 6, 2006

Morningstar Recognizes Target Funds

by: Armie Margaret Lee

If you are a fund advisor now offering target asset allocation funds, Morningstar will soon be giving your funds a fairer shake. On Friday, the Chicago-based fund tracker unveiled five new mutual fund categories to enable better peer group comparisons among funds which have previously been lumped together with others that don't share the same distinct investing strategies.

The most important change is the creation of three catagories reflecting the popularity of target-date funds. Morningstar has also added long-short and inflation-protected bond categories for funds.

The Chicago-based firm has divided target-maturity offerings into three classifications: target-date 2000-2014, target-date 2015-2029 and target-date 2030+.

Those breakdowns will allow fund firms target-date funds to benchmark against funds with similar asset allocations. Previously, all of those funds fell into the same broad objective, despite the fact that the portfolio (and the investment goal) of each is very different.

Morningstar also expanded its set of broad asset classes to include a "balanced" class for the first time. The other classes are U.S. stock, international stock, taxable bond and municipal bond. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use