Hi.
This video is about how to create a comparison document.
These are designed not just to make fund selection easier,
but also to protect you and your business.
At this point, we’ve already filtered the market down to a manageable list.
We explain how to do this in our video on how to add, edit, remove and save your filters
The first thing to do is select the checkboxes on the left-hand side of
the investments you wish to compare.
To select all investments, simply select the checkbox on the left-hand side of the word 'Offers' in the black row.
This will select all of the funds in your list, and will make the items in the yellow row selectable.
There are a few actions you can choose from in this row, such as INVEST (which allows
you to complete digital application forms into the selected investments),
MONITOR (which keeps you updated on key changes to the selected investments),
ADD TO PORTFOLIO (which adds the selected investments to a sample portfolio),
and COMPARE FUNDS (which adds the selected investments to a comparison doc).
To remove any funds from your comparison document (if, for example,
you already know they’re unsuitable), simply deselect the checkbox next to them.
Next select the COMPARE FUNDS button.
Now you‘ll be taken to your comparison document.
The first thing to do is to personalise this document to the client that you’re researching for.
You can do this by selecting the EDIT COMPARISON button at the top here.
Next to it, you can see two other buttons: ADD TO PORTFOLIO and INVEST.
There’s more on these options in other videos.
Selecting EDIT COMPARISON brings up a pop-up where you can enter the client’s name,
any pertinent details about the client, and any other notes you feel are relevant.
You can also add or remove funds from the comparison document.
When you're finished, select SAVE COMPARISON.
Below the client details is a record of how you’ve filtered the market down to the
shortlist you’re comparing.
This is critical for being able to demonstrate that you’ve considered the whole-of-market in your research.
If you compared only some of the funds from the filtered down list,
then any funds you have not compared will appear here for completeness.
Then there’s a section where you can include which funds you are recommending and the reasons why -
which can be really important to include if you have to justify your recommendation at any point in the future.
Once you’ve made your decision,
you can return to this text box and remember to select SAVE NOTES when you’re finished.
Below that, the funds are compared side-by-side on over 75 data points
including their fees and our MICAP Impact Scores.
At the very end, you can see an option to view the individual listing page for each fund.
There you can download our MICAP Reviews for a deeper dive into them.
And there are also a number of other actions in the dropdown ACTIONS menu.
When you’re finished, simply select Print at the top right of the screen,
and print the Comparison Doc to PDF so you can save it in the client file.
And finally, to access your saved Comparison Docs at any time,
simply go to My Comparisons, found under My Research here.
And that's it. Thanks for watching - we’ll see you in the next video.