Portfolio Blueprint will allow plan sponsors to utilize a menu of investment options selected by Morningstar based on a workforce demographic profile. From this option, plan sponsors can then ask for a fund analysis and ongoing investment monitoring.
Plan sponsors electing this service will receive:
- a workforce profile, describing plan demographics, which will be used as a guide to select the most appropriate fund menu for their plan
- a menu of recommended funds from Morningstar designed to meet the needs identified in the workforce profile
- an investment policy statement tailored to the plan’s workforce profile and the selected fund menu
- recommendations and ongoing monitoring from Morningstar, which will act as an investment advice fiduciary to those plans that fully implement its recommendations.