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.

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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