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
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.