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Possibly a very valuable fund site for efficient management of a portfolio.

edited February 2012 in Fund Discussions
Possibly a very valuable fund site for efficient management of a portfolio if you are looking to see if your fund is performing as well or better than like funds.

For every fund that you are invested there may be several similar in the fund universe.
It would be nice if we could follow our portfolio with automatically showing a pull down screen wing
similar funds and alerting you that there is a better choice out there and you might consider. This way your asset allocation will not change but you will have best of breed. This could make a significant improvement of returns.

Does any one have knowledge of such a site or at least the ability to enter a symbol and have like funds pop up for comparisons of returns?

prinx

Comments

  • A few sites I like when comparing my holdings against other funds/ETFs in the same catagory:

    Fundmojo:
    -you can click around this link and find some comparative choices that are highly rated by Fundmojo.
    http://www.fundmojo.com/mutualfund/fund_report/mutualfund/CSRSX

    Bloomberg's Mutual Fund Ranking Site:
    -This site ranks your fund against the other funds and ETFs in its catagory. Change time frames to get long term performance 1,3,5 yr.
    http://www.bloomberg.com/apps/data?pid=invest_mutualfunds&Fund=CSRSX

    Smart Money:
    -Allows you to compare your fund against other top ten performers in the category. There is also a risk/return chart that may need IE (Internet Explorer) to display because it needs to be java enabled. This chart allows the user to hover over squares (funds) to ID them. The chart display does a nice job of showing risk/return.
    http://www.smartmoney.com/quote/CSRSX/?story=return
  • Thanks bee this is a good start and I am anxious to use them. Would it not be nice to have a site which embeds your portfolio and sends alerts to you about better opportunities? I guess you can take this to an extreme which would be a revolution
    in money management and would be a financial bonanza for the developer.
    prince
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