Morningstar on Thursday announced it will begin rankings and research on ETF managed portfolios later this year.
The portfolios are primarily structured as separate accounts that have more than 50% of portfolio assets invested in ETFs. They will also be part of a new classification system that will allow for comparisons based on the portfolios' strategy attributes.
More than 330 ETF managed portfolios are tracked by Morningstar with about $22 billion in assets, with 30% of those launched in the past three years, according to a news release.
“ETF managed portfolios are a burgeoning area,” Andrew Gogerty, ETF managed portfolios strategist for Morningstar, said in the release. “By expanding the research available for ETF managed portfolios, we aim to increase the awareness and transparency of this rapidly growing area of the industry.”
