Sign up for our newsletter
Technology / Data Centre

FINRA launches mutual fund expense analyzer

The Fund Analyzer combines the capabilities of the two online tools it replaces – The Financial Industry Regulatory Authority’s (FINRA’s) mutual fund expense analyzer and mutual fund breakpoint search tool – into a single, convenient application for investors and brokers looking to compare and evaluate investment options, said FINRA.

According to FINRA, using the Fund Analyzer, investors can search and compare up to three funds at once for fund analysis and information about fees and potential breakpoints (volume discounts applied to sales charges for investors who purchase front-end load mutual fund shares). They can also save information on up to 50 funds for future reference. The Fund Analyzer provides analysis from Morningstar, including Morningstar ratings and Morningstar Style Boxes that provide information about funds’ performance, holdings and growth characteristics, added FINRA.

John Gannon, senior vice president for investor education at FINRA, said: With the Fund Analyzer, investors can easily perform their own research on the costs of the mutual funds, exchange traded funds and exchange traded notes they are considering for their portfolios. When investors understand the toll that costs can take on the value of their investments, they can make smarter decisions that will help their bottom lines.

White papers from our partners

This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.