With this release of FirmPlus, we are introducing a few new report sections and have made some improvements to already existing ones.
Check out the details below to learn more!If you have feedback or ideas for new features for FirmPlus, please send those to Fi360Support@broadridge.com. We would love to hear from you!
New Report Sections
Performance and Net Expense Ratio Quartiles
The Performance and Net Expense Ratio Quartiles report section provides an analysis of investment performance and expenses by peer quartile.
There are 4 different widgets that display the data in a horizontal bar graph for 3 Year Performance, 5 Year Performance, 10 Year Performance, and Net Expense Ratio. Each widget displays the number of funds in the investment lineup that are in each peer group quartile.
Investment Fees
The Investment Fee Analysis report section is available also be included in your Investment Monitoring Reports. You will find the new report section in the "Available" report section list when generating an Investment Monitoring Report.
Improved Report Sections
Executive Summary
The Executive Summary report section has had key updates made to improve the ease of reviewing data and reduce confusion.
Across the top of the Executive Summary in the investment score section are new criteria labels. The labels have been added to make it easier to identify which metrics are passing/failing without having to go to a different page in the report.
Additionally, now when an investment lacks data for a particular evaluation metric the fund will now not show as failing that metric. Instead, a dash will display.
Fund Criteria
The Fund Criteria report section has been updated. Now when using Target Date Fund scoring, the format of how target date fund asset categories are displayed has been made consistent with the active and passive sections of the report.
Fund Scorecard (Advanced Analytics)
The Fund Scorecard section has been updated to display a watch list icon and message when a fund's status is set to W - Watchlist.