Custom Benchmark Selection in PDF Reports and on Quote Page

Currently the assigned benchmark on the quote page and in PDF Reports is the Broad Asset Class Benchmark. In many cases, this benchmark is irrelevant to funds.

For example - securities classified as international equity should use MSCI EM or ACWI Net TR, not ACWI ex US. Small Cap Value should use Russell 2000 Value instead of S&P 500.

This leads to workarounds such as creating a MP with 100% allocation to the fund in question. While this allows for a custom bench selection listed in the PDF report output, it is not a long term solution.

While we initially saw this request come from Canadian clients in Asset Management firms, we are now hearing this across the board and it has the potential to impede new growth relationships.