* May 5, 2005: update to resolve an issue in Search Criteria that impacted any user who updated Morningstar Direct between April 29, 2005 and May 4, 2005 and performed a search using the following categories: US - Ultrashort Bond, US - World Allocation, US - World Bond, US - World Stock. If you already installed the April 29 version, you will need to clear your temporary internet files to see the changes.
Navigation Enhancements
Morningstar Universes area removed from Research. Pre-defined searches for what were previously Morningstar Universes are now accessible using new system templates. Add the templates by going to the global bar and selecting File>Add Templates. Select the pre-defined templates of interest. Pre-defined search templates selected will then appear in Search Criteria area in Research. Additional templates will be added in the future. Custom Investments will not be offered as a template.
All Morningstar category averages are now consolidated into the Category Averages investment type, available in Search Criteria and dialogs for selecting investments
As Morningstar Direct investment coverage expands globally, investment universes are no longer defined by region. For example, open-end fund universe will now contain all United States, Canada, Europe, Offshore and Hong Kong open-end funds. To hone in on a region, define a search using Domicile or Country Registered for Sale. Pre-defined searches for regional investment universes are available under templates as described above.
Policy data can now be found by selecting Goto>VA/L Policy Viewer
Data Enhancements
Added Canada pooled, segregated, and open-end funds to open-end investment universe
Added Hong Kong open-end funds to open-end investment universe
Added money market funds
Added non-USD denominated hedge funds
Added non-USD denominated indexes
Added data points: Performance Fee, Total Market Value
Improved labeling: country and currency names displayed (instead of codes)
Improved labeling: annual returns include calendar year
Functionality Enhancements
Import or select investments by ISIN, CUSIP, or Share Class Id in addition to name and ticker. Quicktake box on Home launches Find dialog to enable search using these new options.
Launched Report Builder phase I (beta): capable of creating multi-page reports, including up to two charts on a page, with output to PPT or PDF. From the global bar, select New>Report>Custom to launch.
Quicktake reports for Europe, Canada, and Hong Kong funds
Correlation Matrix chart
A4 paper size option for reports
Introduced templates for search criteria. From the global menu, click File>Add Templates.
Finalized Hedge Fund Summary and Morningstar Rating Analysis reports (released in beta version in early March)
Coming Soon
Report Builder enhancements
New charts: Holdings Similarity, Stacked Bar
Australia funds