Morningstar portfolio managager

[ivahunch]

With the imminent demise of the MS portfolio manager (inc Premium version) and its "X-ray" asset allocation - does anyone know if there is a suitable substitute which includes Investment trusts. I have just tried Sharesight but it doesn't analyse managed funds yet

[DavidM13]

I have no idea if any good or not but in the absence of other suggestions maybe investigate the Trust Net portfolio x ray/scanner tool.

[ivahunch]

I already use Trustnet portfolio but its analysis is much worse than Morningstar's X-ray. This is somewhat surprising as FE Analytics is in the same stable as Trustnet

[ivahunch]

So how do others manage to analyse the asset allocation/diversity/performance of their portfolios, particularly for investment trusts and ETFs

[moorfield]

So how do others manage to analyse the asset allocation/diversity/performance of their portfolios, particularly for investment trusts and ETFs

I use the AIC Sector and Sector Type classifications to analyse diversification, don't feel the need to get all scientific with x-ray tools etc.

For example,
Our recently formulated PHY1, here required selection of
(1) at least 2 holdings from each AIC sector type (UK, Overseas, Specialist, Property, Debt)
(2) at least 10 holdings from different AIC sectors

And my own Sector Type snapshot currently looks like:

Sector Type |  Weight % | Income %    
Specialist  |    27.1   |   33.9   
Overseas    |    32.1   |   24.1   
UK          |    19.6   |   18.1   
Debt        |    10.5   |   13.9   
Property    |    10.8   |   10.0

For maintaining the balance of an IT portfolio one could look at using TJH's system of (medianic) weight ranking, described many times on other boards here.

[DavidM13]

So how do others manage to analyse the asset allocation/diversity/performance of their portfolios, particularly for investment trusts and ETFs

Further to the above from moorfield. You have some degree of portfolio look through using the "My portfolios" tool on the AIC website. https://www.theaic.co.uk/my-portfolios It is done on a sector level rather than using underlying holdings so has some clear limitations. Nonetheless, its a good initial steer if you are over or underweight in certain regions.

I have taken a screenshot with an example view but don't know how to attach that here? Obviously it is very quick and easy and FREE to set up and use.

[dundas666]

I do something similar to moorfield.

My sectors and current capital weightings are:

35% UK
35% Overseas
10% Debt
11% Infrastructure
9% Renewables

The weightings are coincidentally very close to my target atm, which is 35, 35, 10, 10, 10.

I also measure both Capital and Income weightings.

[ivahunch]

Further to the above from moorfield. You have some degree of portfolio look through using the "My portfolios" tool on the AIC website. https://www.theaic.co.uk/my-portfolios It is done on a sector level rather than using underlying holdings so has some clear limitations. Nonetheless, its a good initial steer if you are over or underweight in certain regions.

But unfortunately the AIC portfolio doesn't include ETFs - of course!