Source: Putnam Investments
In an effort to provide financial advisors with a modern experience to comprehensively research and more clearly visualize mutual fund comparison data, Putnam Investments today officially announced the launch of FundVisualizerTM, an open-architecture analytical tool - created for iPad and desktop usage - enabling in-depth evaluations of over 10,000 investment choices in real time, using more than 60 different selection criteria.
FundVisualizer* is part of an ongoing series of Putnam initiatives designed to provide advisors with rich, highly transparent content, delivered through leading technology. The new, dynamic tool provides visually compelling, side-by-side comparisons of multiple products, including Putnam funds, as well as choices from funds across all categories — both load and no-load — arming advisors even further in making informed investment decisions.
"We believe that advisors and their clients benefit when they have access to greater information, clarity and transparency around investments. FundVisualizer provides the real-time comparative information that advisors need to guide their clients in making the right decisions as they build portfolios to meet their personal financial goals," said Bill Connolly, Head of Global Distribution. "Advisors who have tested the FundVisualizer have found it to be a fast, easy way of performing the comparisons and analyses they need to more quickly and thoroughly decide what is best for their clients."
"By giving this powerful analytical tool an open architecture, we enable advisors to choose which funds — and data points — they want to compare. If advisors choose to evaluate Putnam funds, we are confident that our solutions will stand up well in comparison with those of any other fund family," Connolly continued.
FundVisualizer Designed for iPad and Desktop Application
The tool, which will be regularly updated to reflect the latest user interface improvements, is currently being introduced to advisors by Putnam wholesalers. After registering with Putnam, advisors can have direct access to FundVisualizer by logging into Putnam's advisor website (www.putnam.com/advisor), where they can perform comparisons of funds across all categories using data points related to performance, risk and other crucial factors and obtain prospectuses for any fund. Putnam, which was one of the first financial services firms to make iPads available to its sales teams, has specifically created a version of FundVisualizer for iPad usage — expected to be rolled out more broadly to advisors in the future.