Fiduciary Focus Toolkit Release Notes – May 2021
The latest release in the Fiduciary Focus Toolkit is all about providing flexibility with the appearance and content of your reports.
Landscape Report Layout
As you build your custom report templates in the Fiduciary Focus Toolkit, you’ll now have the option for the report layout to be in landscape mode.
Initially not all report sections will be available in landscape mode. We will continue to add landscape compatibility for more report sections with future releases. All Fi360 Default reports will stay in portrait mode.
Custom Report Sections
You can create your own report sections using the Custom Report Sections tab available in Settings. When you add a new custom report section, you’ll start with a blank canvas. From there, you can include text, pictures, logos, charts, and graphics with your report sections. This can be used to create a firm overview, staff bios, market commentary, section-specific disclosures, marketing pieces on services you offer – the possibilities are endless.
With immense flexibility, the Custom Report Section allows you to tailor the content of your reports to your firm’s specific and unique needs. There is no limit on the number of Custom Report Sections you can build or add into your reports. (And yes, this section is available in portrait or landscape mode too!)
Once you’ve created your Custom Report Sections, you’ll then be able to utilize the Report Template Editor to add the sections into your custom reports.
Fi360 will be utilizing this feature to share quarterly market commentary, a quarterly fiduciary regulatory update, and an Fi360 Fiduciary Score information piece you can choose to include with your report templates as well.
Investment Performance and Expense Summary
We are also launching the Investment Performance and Expense Summary report section. This report section is available in both landscape and portrait mode.
This high-level report section shows average annual total returns for the 1, 5, and 10-year periods and since inception. It also shows the gross expense ratio as a percentage of the assets and the dollar cost per $1,000 invested in the fund.
The section was designed to meet the requirements for the 404(a)(5) investment holdings table.
Auto Assign Assets in Prospect
When creating proposed lineups, it’s common to want to mirror the current lineup asset allocation for the proposed lineup. Without an easy way to see the current lineup, make the calculations on which assets go to similar finds, and fill in the proposed asset values, transferring similar dollar amounts to the proposed lineup was time consuming. Now, when you enter a current lineup’s assets as well as the new proposed fund lineup, the software can transfer the dollar values automatically and mimic what was assigned in the current lineup, i.e. assets currently in a Large Blend fund get assigned automatically to the proposed Large Blend fund(s).