Morningstar Premium
Posted: December 1st, 2021, 6:23 pm
Is anyone else finding that Premium Portfolio prices are not updating at the moment?
I don't know whether the Premium Portfolio has a different data source but I have a free account and noted on Fri 26 Nov that the SHARE prices had switched from GBX (pence) to GBP (Pounds). I use the Portfolio only on Fridays, so it may have changed earlier in that week. Anyway I happened to look at my Portfolio today 21 Dec and noted that it had switched share prices back from GBP to GBX.
Why this matters, apart from the x100 scale factor is that MS's source of GBP prices is supplying the CLOSING prices for the previous day. I could demonstrate this by clicking on a share name and then on the detail panel that appears I see the current GBX price in pence and the Closing price for the previous day being the value MS were showing in the Portfolio. The date of the erroneous share price is also the previous day's date, so it was obvious what data was being displayed. UK Fund (OEIC) prices (which are often not updated on MS until mid evening) are generally the same day, except for those domiciled outside the UK, such as some Royal London funds, but that has always been the case.
This is not the first time that MS have messed up their Portfolio prices. My notes say it occurred in July 2021. I do not have the exact dates, but I noted on 10 July 2021 that it had reverted to displaying share GBX prices after a few weeks showing day old GBP prices.
