Compare a Client’s Portfolio to Those of Similar Funds
Mutual fund and asset manager expenses will have a direct impact on overall portfolio performance. SmartRisk uses a fee comparison to compare a client’s portfolio to those of similar funds. A ranking of 10 suggests fees are higher than 90% of similar funds. A higher rating, such as noted in the example below, indicates investment expenses are much more in line with other investment managers. To generate the comparison, a proprietary cluster analysis was developed for each holding and then compared to the sector. The weighted average percentile ranking of all holdings is then aggregated into the overall comparison.