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FundPOINT Retirement Focus Data
The industry's leading data solution tailored to retirement market needs
- Gain a competitive edge with a single-source retirement data solution updated daily from EDGAR
- Ensure quality in mutual fund transactions with "Compliance Grade" data
- Offer better fund filtering and selection, and more rigorous disclosure of fund fees and expenses
- Optmize revenue sharing opportunities for downstream customers such as finder's fees, 12b-1 amounts, and dealer concessions
Overview
Mutual funds comprise 55% of all defined contribution assets. Retirement service providers are held to a high standard of service by their respective customers, and to a high degree of transparency by industry regulators. And, it is likely that new regulations that will necessitate more rigor and clarity in the disclosure of retirement plan costs. To succeed - and to stand apart - in this highly competitive market, retirement service providers need access to accurate, timely and truly comprehensive mutual fund information.
Part of FundPOINT® Data – the only data solution to source mutual fund data from SEC filings on EDGAR – FundPOINT Retirement Focus Data includes 166 data points that help offer insight into appropriate fund selection and provide timely information regarding mutual fund compliance to downstream customers including RIAs, TPAs, and Plan Sponsors. Designed for intermediaries who want to improve the quality of disclosure and reporting, FundPOINT Data offers the assurance of fund expense data, sales loads and waivers, redemption fees and service provider fees sourced from – and traceable to – the most recent fund filings in EDGAR.
Revenue sharing opportunities represent another key piece of the information puzzle FundPOINT Retirement Focus Data solves via finder’s fees, 12b-1 amounts, and complete coverage of 23,500+ share classes and 8,000 individual funds representing over 500 fund companies. This powerful combination of capabilities and quality are why leaders from the brokerage, retirement and retirement service markets choose to partner with NewRiver as their single-source data solution.
FundPOINT Retirement Focus Data is designed for Retirement Plan Recordkeepers, Trust Banks, and Third-Party Administrators who want to gain a competitive advantage by better serving their downstream customers while lowering costs and improving transaction quality.
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Which is more efficient – relying on 500+ fund companies to collect mutual fund data or retrieving it daily from EDGAR, the definitive mutual fund document depository? Only NewRiver provides patented process technology to retrieve, parse, associate and deliver timely, accurate “compliance grade” data. That’s why financial service leaders choose NewRiver as a single-source solution rather than self-manufacturing data themselves. |
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Who's It For?
FundPOINT Retirement Focus Data is designed for Retirement Plan Recordkeepers, Trust Banks, and Third-Party Administrators who want to gain a competitive advantage by better serving their downstream customers while lowering costs and improving transaction quality.
Coverage
FundPOINT Retirement Focus Data provides 166 data points representing all individual U.S. open-end mutual funds and their underlying share classes. It’s the most comprehensive and reliable solution available – one that can help retirement service providers capture critical information and insight on fee disclosure, redemption fee waivers (hardship, termination, deminimus distribution, etc.), share class eligibility to validate retirement fund recommendations, and data to identify revenue sharing opportunities.
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Data Categories |
Points |
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Fund Identifiers & Classification |
13 |
| Account Minimums – for initial & subsequent purchases |
8 |
| NAV and CDSC Waivers |
22 |
| Linking Rules – for retirement accounts |
7 |
| Share Class Eligibility – by retirement account types |
14 |
| Redemption Fees & Waivers |
23 |
| Market Timing Rules – for 22c-2 compliance |
27 |
| Fee Information – 12b-1, management fees, service fees |
22 |
| Investment Objectives & Strategy |
5 |
| Finder’s Fees, 12b-1 Amounts & Dealer Concession |
4 |
| Key Dates, Offering Dates & Fund Status |
5 |
| Fund Announcements – for mergers, closures, liquidations |
5 |
| Fund Performance & Comparative Indexes |
6 |
| Fund Managers – Tenure & Experience |
5 |
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TOTAL |
166 |
Key Features
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EDGAR-Sourced
Data Feed |
- Compliance Grade Data - Powered by NewRiver's patented process technology, FundPOINT Retirement Focus Data is the only data feed solution that accurately reflects the prior business day's SEC filings on EDGAR.
- Full Coverage of US Mutual Funds - Part of the FundPOINT Data suite representing more than 8,000 mutual funds and 23,500 share classes, FundPOINT Retirement Focus Data ensures 100% coverage for 401(k) service providers.
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Mutual Fund Compliance |
- Single-Source Retirement Solution - Decentralized data "solutions" can result in an alarming amount of data discrepancies. FundPOINT Retirement Focus Data is a single data feed that improves compliance and operation efficiency.
- Liability Protection - NewRiver is the only provider that stands behind its data with a "Compliance Grade" quality guarantee.
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Ease of Implementation |
- Operations Ready - FundPOINT Retirement Focus Data is organized into a standard set of common definitions that easily integrates with nearly any client information system.
- Market Tested - FundPOINT Data solutions have been used by some of the largest, most respected retirement brands and is relied on by industry regulators.
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| Expandable |
- Scalable Solution - As new Qualified Default Investment Accounts (QDIA's) and other retirement funds are introduced, FundPOINT Retirement Focus Data automatically adds these funds as they are registered on the SEC's EDGAR database.
- Add-On Analytical Tools - NewRiver FundPOINT Desktop accelerates data validation via AuditAnchors technology, linking key data elements to their exact point of origin within current fund filings.
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