Morningstar is offering investors a tool that allows them to get a
truer picture of their personal stock and fund investment returns.
The investment
research and data company says the tool is contained within its
Portfolio Manager and allows individual investors to track personal
returns, including the impact transactions and fees have on their
aggregated portfolios.
The personal
returns tool can provide investors with their "individual performance
and allow them to measure that performance over custom time periods."
The tool gives
investors a truer picture of their net returns by accounting for an
individual's purchases, sales, fees and asset growth, according to
Morningstar.
"The real world of
investing is complicated-people have multiple investments, buy and sell
at different times, reinvest dividends, and move money among holdings.
This makes it difficult to figure out how your entire portfolio is
performing," said David Silva, editor of Morningstar.com.
"Morningstar's new personal returns allow investors to get a true
picture of their investment performance, and see how their individual
holdings and decisions affect the value of their portfolio. We believe
this is the only free Web-based tool available to investors that allows
them to generate their personal return on their total stock and fund
holdings."
Registered users
of Morningstar.com can access their personal returns at no charge in
the newly created My Performance section of the site's Portfolio
Manager tool. Portfolio Manager is under the Portfolio tab of
Morningstar.com. Users who do not currently track their personal
portfolios on Morningstar.com will be prompted to enter their holdings.