Stock Doctor has enhanced its tools for analysing Exchange-Traded Funds (ETFs) and Listed Investment Companies (LICs), allowing you to explore these funds with greater depth and accuracy. This guide will walk you through the available categorisation options, improved peer comparison tables, and how to use these features in your Stock Filter and Watchlist tools.
1. ETF and LIC Categorisation
The categorisation of ETFs and LICs in Stock Doctor provides you with clear insights into the investment strategies of these funds, with three key fields:
- ETF/LIC Category: Classifies ETFs and LICs based on their investment focus, such as Australian Equities or Global Fixed Income.
- ETF/LIC Category Group: Groups categories for broader comparisons, allowing you to easily compare funds with similar investment objectives.
- ETF/LIC Management Style: Indicates whether a fund is Active or Passive, helping you differentiate between different management approaches.
These fields give you the ability to better understand and match funds to your specific investment needs.
2. Peer Comparison Table for ETFs and LICs
The Peer Comparison Table now includes ETFs and LICs, making it easier to compare similar funds. Up to 9 peers are displayed, selected by relevant metrics such as:
- Company Code and Name: The fund’s identifier.
- Type: Indicates whether it is an ETF or LIC.
- Category: Shows the fund’s investment category.
- Management Style: Highlights whether the fund is actively or passively managed.
- Dividend Yield: The standard dividend yield.
- Returns (1, 3, and 5 years): Performance data over various time periods.
- Price to NTA: Compares the price to the net tangible assets.
- Market Capitalisation: The size of the fund in the market.
- Average Daily Trade Volume: Indicates liquidity based on the average daily trade value.
This table gives you a detailed comparison of ETFs and LICs, helping you evaluate which ones fit best in your portfolio.
3. Using ETF and LIC Fields in Stock Filter and Watchlist
The ETF and LIC categorisation is fully integrated into Stock Doctor’s Stock Filter and Watchlist tools, allowing you to refine your searches and track relevant funds.
Filtering ETFs and LICs:
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Stock Filter: You can now filter funds using the following criteria:
- ETF/LIC Category
- ETF/LIC Category Group
- ETF/LIC Management Style
This allows for specific searches, such as identifying actively managed Australian Equity ETFs or passively managed Global Fixed Income LICs.
New Stock Filter Criteria: -
Watchlist: The ETF/LIC View lets you monitor the following metrics:
- Market Capitalisation
- Price to NTA
- Returns over 1, 3, and 5 years
- Dividend Yield
You can create custom watchlist views focused on ETFs and LICs, allowing you to quickly access performance and valuation metrics of the funds you're tracking.
New Watchlist Criteria:
4. Accessing ETF and LIC Enhancements
You can access the ETF and LIC enhancements in Stock Doctor by:
- Viewing fund details on the Company Details page, which shows categorisation and management style.
- Using the Peer Comparison Table within the 9 Golden Rules page to explore fund metrics.
- Filtering and tracking funds with the Stock Filter and Watchlist tools to monitor ETFs and LICs that match your investment strategy.
Conclusion
These ETF and LIC enhancements in Stock Doctor provide you with robust tools to analyse and compare funds. Whether you're evaluating ETFs and LICs or monitoring them in your Watchlist, these features will support more informed investment decisions.
If you need further assistance or have any questions, please contact our support team.