Products March 25, 2009

Morningstar Launches Tool for Analyzing Fund Flows

March 25, 2009 (PLANSPONSOR.com) - Morningstar, Inc. has launched Fund Flows, a tool for monitoring current fund asset flow and market share data, in Morningstar Direct, the company's research platform for institutions.
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According to a press release, Fund Flows will enable fund industry professionals to research estimated asset flow and market share data for:

  • U.S. open-end and money market funds㬒,000-plus share classes updated by the eighth business day;
  • U.S. ETFs—more than 800 funds updated by the end of the first week of the month;
  • European and offshore funds—more than 39,000 share classes updated at the end of the second week of the month; and
  • Japanese open-end funds—more than 3,800 share classes updated by the third week of the month.

Fund Flows allows users to examine flows and market share by proprietary Morningstar statistics such as the Morningstar Rating, Morningstar Categories, and Morningstar Stewardship Grades, the announcement said. Users can also analyze data by fund family, asset class, fund, or fund class.

In addition, the Investment Company Institute’s (ICI) proprietary method-of-sale data can be applied to examine market share by distribution channels such as non-proprietary, direct, and institutional. Users can also export data to Microsoft Excel to create custom reports.

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