How do I configure my Watch List triggers?

You can configure your own watch list triggers (unless restricted by your firm) in Settings/Application Management/Trigger Manager. You can build one or many sets of triggers, that can be applied to evaluate active, passive, money market or target date funds when establishing a client's Investment Policy.

To create a new trigger, you will need to:
1. Select at least 1 condition (using the required or flexible options)

2. Name the trigger

Required conditions
All required conditions MUST be met or the investment will be put on watch.  A simple example of a required condition, would be the 5-Year Return. To establish the threshold, just move the slider to the percentile rank to determine the passing level. 

Flexible conditions
Flexible conditions allow you to be less rigid with your process in that a single shortfall won't automatically put an investment on watch.  Based on how many flexible conditions you add, you can specify the quantity of conditions which must be met to pass the trigger.  In the example below, the conditions are 1 Year Return in the top 67th percentile, 3 Yr Sharpe Ratio in the top 75th percentile, and manager tenure greater than 3 years. Only 2 of the 3 flexible conditions are needed to pass for the investment to remain off the watch list. 

Draft and publishing
Once you have entered all of your conditions for this trigger, you can save it as a draft or publish it for use in the software. A draft trigger cannot be assigned to an Investment Policy, but will allow you to evaluate and test the trigger against a specific investment of your choice. 

When running the test evaluation, the overall pass or fail as well as the result of each condition will appear for your review. It is recommended that you test your triggers before publishing them. Once a trigger is published, it cannot be changed, but it can be copied and updated if needed.  This safeguard is in place to ensure that any active Investment Policies using the original trigger are not effected until a new Policy is reviewed and updated with the trigger changes.

After a trigger has been published, it can be selected when establishing or renewing a client's investment policy.

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