|
| | | | | Fund Portfolios | | Morningstar® Managed Portfolios offers a series of fund portfolios designed to achieve specific return objectives within controlled risk parameters to match a spectrum of investment objectives. Each portfolio is developed using quantitative and qualitative analyses and is actively managed to ensure the results of each portfolio remain in line with its stated objective. | |
| | | Asset Allocation Series | | | The Asset Allocation Series portfolios are strategically built to meet different investment time horizons and risk levels. An appropriate framework is determined for each portfolio using several optimization and portfolio construction techniques to achieve specific long-term risk and return objectives through diversification among asset classes. | | |
| | | | |
| | |
| | | | | | This series of portfolios offers strategies designed to meet a client’s payout needs through all stages of retirement. Depending on the anticipated withdrawal period, these portfolios aim to support appropriate annual cash distributions over the recommended time horizon in retirement. | | | | | Focused Allocation Series | | | | | |
| | |
| | | The mutual fund portfolios within the Focused Allocation Series are designed to provide direct exposure to particular sectors of the capital markets. They can be used to focus investments on specific market segments and diversify existing portfolios. | | | | | Portfolio construction: Selecting the right funds | | | | | |
| | |
| | Morningstar Investment Services constructs portfolios through a proprietary process that is applied to the entire mutual fund universe. First, quantitative screens identify funds with total assets that exceed Morningstar’s peer group minimum. Then proprietary peer group rankings reduce the potential universe further, using a system that includes reviews of fund holdings, historical performance, and risk.
After completing the rankings, extensive qualitative analysis is used to determine the appropriate short funds list. Strategic combinations of funds are evaluated to ensure they interact well in a portfolio and achieve the desired level of diversification. These fund combinations are tested to establish how a portfolio would have reacted in past and present market conditions. | | | | | Active monitoring: Keeping results in line with strategy | | | | | |
| | |
| | | To achieve defined goals, the investment team actively monitors and manages each portfolio. This involves direct contact with fund managers, holdings analysis, rebalancing, and adding or replacing funds as necessary. Monitoring occurs at the portfolio, fund, and market levels, and portfolios are rebalanced as needed. Advisors are informed of monitoring activities. | | | | | Change execution: Efficiently making adjustments to each portfolio | | | | | |
| | |
| | | Portfolio changes are made when the structure deviates from the desired investment strategy, when a change in a fund indicates that performance expectations will not be met, or when market conditions change. The investment team carefully considers how such changes could affect clients and their portfolios. | | | | |
| | | | Take Action | | |  | | | | | Learn More | | | | | | | | | Customer Support | | | |
| | | | |
|
| | The Morningstar Investment Management division is a division of Morningstar and includes Morningstar Associates, Ibbotson Associates, and Morningstar Investment Services, all registered investment advisors and wholly owned subsidiaries of Morningstar, Inc. Morningstar Managed Portfolios are offered by Morningstar Investment Services, Inc. Portfolios offered by Morningstar Investment Services are intended for citizens or legal residents of the United States or its territories and can only be offered by a registered investment advisor or investment advisor representative. | |
|
|
|
