Investment research provider CFRA has launched FUNDynamix, a new web-based platform that is designed to provide critical, timely data and updates, specialised ETF monitoring, and analysis.
The firm writes that key features of FUNDynamix include dramatically enhanced abilities to identify ETFs and ETF categories on a granular level that are experiencing changes in flows; analysing sector- and holdings-level exposure trends in specific ETFs over a variety of time frames; monitoring credit quality changes in bond ETFs over time; detailed breakdowns of the drivers of fund flows, including analysis on whether asset changes are being driven by net creations/redemptions or market movement; and much more.
“We’ve long had the industry’s most robust set of global ETP data available as a data feed. With FUNDynamix we are now able to deliver that data in actionable, insightful, easy to navigate ways that will help ETF issuers and investment professionals identify flow patterns and performance trends early, helping them stay ahead of the curve when it comes to their product development and product marketing approaches,” says Aniket Ullal, Head of ETF Data & Analytics with CFRA.
CFRA writes that its FUNDynamix is designed for the full range of professionals whose work involves the fast-growing ETF universe, including:
• Product management teams;
• Fund distributors;
• Portfolio managers and investment teams;
• Technology and platform professionals;
• Compliance experts; and
• The full range of service providers to both the wealth and asset management worlds.
“With FUNDynamix, trends can be spotted sooner, risks charted more closely to real-time, and product lineups and investor portfolios kept ahead of the trends that until now had always seemed surprising in hindsight,” says Eram Schlegel, Chief Product Officer & Global Head of Marketing with CFRA.
“An additional key aspect that sets FUNDynamix apart is its robust and proprietary fund categorization system, which systematically groups funds together based on their key attributes, not on potentially arbitrary, and often rigid, style box definitions,” says Saul Melendez, Senior Director of Product Management with CFRA
“Early FUNDynamix users have been able to spot the data showing a range of key, but potentially under the radar, trends, including the $10 billion that the entire buffered ETF category took in last year and how a small cohort of high-quality ETFs, including QUAL and COWZ, have been among the biggest asset gatherers of the past six months,” says Ullal.