Post by yogibearbull on May 29, 2022 3:57:57 GMT
M* article, www.morningstar.com/articles/1095429/morningstars-allocation-categories-get-an-upgrade
This is a good development. Classifying allocation/balanced and multi-sector funds by new MPRS (vs old classification by nominal equity) will fix some of the M* misclassifications I have pointed out in the past by using another method (Effective-Equity).
I see on M* fund pages that the new classifications for affected funds are already indicated on the Performance, Risk and Portfolio tabs (but the Quote tab still shows the old classifications). So, we are literally seeing the rollout of this new classification.
I don't know if the MPRS value will be shown in some tab (Risk tab would be the most appropriate) after the monthly fund updates in early-June. I think that it should be shown. But the bottom line is that it is being used already.
Some details related to MPRS and Effective Equity are rather technical, but those interested may check them here,
ybbpersonalfinance.proboards.com/thread/2/effective-equity?page=1&scrollTo=648
This is a good development. Classifying allocation/balanced and multi-sector funds by new MPRS (vs old classification by nominal equity) will fix some of the M* misclassifications I have pointed out in the past by using another method (Effective-Equity).
I see on M* fund pages that the new classifications for affected funds are already indicated on the Performance, Risk and Portfolio tabs (but the Quote tab still shows the old classifications). So, we are literally seeing the rollout of this new classification.
I don't know if the MPRS value will be shown in some tab (Risk tab would be the most appropriate) after the monthly fund updates in early-June. I think that it should be shown. But the bottom line is that it is being used already.
Some details related to MPRS and Effective Equity are rather technical, but those interested may check them here,
ybbpersonalfinance.proboards.com/thread/2/effective-equity?page=1&scrollTo=648