Benefits September 25, 2002

Lipper, Barra Unwrap Fund Risk Assessment Tool

September 25, 2002 (PLANSPONSOR.com) - Plan investment advisors and plan sponsors trying to meet their fiduciary oversight duties might benefit from new mutual fund risk assessment software.
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Lipper and Barra, Inc. announced that they have joined to launch Lipper-Barra Mutual Fund Risk Factor to help users assess a fund’s risk levels.

Using components of Barra’s industry-standard risk-modeling expertise, users can evaluate a fund’s risk profile compared to other funds in its category and its broader fund universe.

The product models a fund’s likely range of performance over a year and produces a
graph that can be used by investment advisors trying to assess the suitability of a fund for a given
client.

The Mutual Fund Risk Factor product uses components of Barra’s risk-modeling methodology in the development and understanding of a security’s risk. Funds are then compared to their Lipper Classification, a larger macro category and an entire asset class.

The product is available as a Web-based application, an XML feed and a conventional tab-delimited data feed.

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