Morningstar Direct SM Release Notes Excel Add-in October 2016

Transcription

1 Morningstar Direct SM Release NotesExcel Add-in October 2016 This document covers the following new features and enhancements to the Morningstar Excel Add-in. In the Morningstar Excel Add-In install the latest version of the Excel Add-In access custom database from the Morningstar Excel Add-In updated data points and categories due to GICS schema changes new and changed non GICS data points increased data extraction limitation, and support for proxy configuration. Morningstar Direct Release Notes October

2 Overview New in the Morningstar Excel Add-In To use the new features, you must first install the latest version of the Morningstar Excel Add-In. To install the latest version of the Morningstar Excel Add-In, do the following: How do I install the latest version of the Morningstar Excel Add-In? 1. In Morningstar Direct, in the Home panel, click Excel Add-In. The Morningstar Excel Add-In home page opens. You can also launch the Excel Add-In from a browser window 2. In the Downloads area at the far-right side of the home page, locate Latest Version and click its Download button. A dialog box opens, displaying the download and install instructions. V6.2 is latest Note: Version 6.2 will be the latest and most recent version 3. Follow the instructions to install the latest version. Note: If you need help installing the update, click FAQ on the Morningstar Excel Add-In home page, and then click How do I install the latest version of Morningstar Excel Add-In. 40

3 How can I access a custom database from the Morningstar Excel Add-In? When you create a custom data point for an investment, you are now able to use it for further calculations in the Morningstar Excel Add-In. Custom data points are displayed alongside other data points in the dialog and denoted with a (*). Finally, a user can use the MSDP and MSTS functions depending on the data type. How can I access a custom database from the Morningstar Excel Add-In? As of August 31, 2016, S&P Dow Jones indexes and MSCI implemented changes to the GICS structure as a result of an annual review. The biggest change creates a new Real Estate sector, making real estate separate from the Financial Services sector. The changes were implemented in Morningstar Direct in September 2016 and now the new data points are available in the Morningstar Excel Add-In. The changes affect all four levels of the classification system: Sector, Industry Group, Industry, and Sub-Industry. The changes are effective in the following: Global Databases Local Databases, and Workspace. How have the recent GICS changes been implemented in Morningstar Excel Add-In? New and renamed data points are shown in the Equity Sectors (GICS) and/or Equity Industry (GICS) views for all data universes in Morningstar Direct. The new data points in the Equity Sectors (GICS) view are as follows: GICS Real Estate % (Net) GICS Real Estate % (Long) GICS Real Estate % (Short), and GICS Real Estate % (Long Rescaled). The new data points in the Equity Industry (GICS) view are as follows: GICS Mortgage REITs % (Net) GICS Equity REITs % (Net) GICS Real Estate Management & Development % (Net) GICS Mortgage REITs % (Long) GICS Equity REITs % (Long) GICS Real Estate Management & Development % (Long) GICS Mortgage REITs % (Short) GICS Equity REITs % (Short) GICS Real Estate Management & Development % (Short) GICS Mortgage REITs % (Long Rescaled) GICS Equity REITs % (Long Rescaled), and GICS Real Estate Management & Development % (Long Rescaled). What are the new, renamed, and discontinued GICS data points? 41

4 What are the new and discontinued GICS sub-industries? Due to the creation of the Real Estate sector, the following data points have been removed from the Equity Industry (GICS) view: GICS REITs % (Net) GICS Real Estate Mgt & Development % (Net) GICS REITs % (Long) GICS Real Estate Mgt & Development % (Long) GICS REITs % (Short) GICS Real Estate Mgt & Development % (Short) GICS REITs % (Long Rescaled), and GICS Real Estate Mgt & Development % (Long Rescaled). See What information is available about the new GICS sector, Real Estate? on page 5. The data points that have been renamed are shown in the following table: New Name GICS Internet & Direct Marketing Retail % (Net) GICS Internet & Direct Marketing Retail % (Long) GICS Internet & Direct Marketing Retail % (Short) GICS Internet & Direct Marketing Retail % (Long Rescaled) Old Name GICS Internet & Catalog Retail % (Net) GICS Internet & Catalog Retail % (Long) GICS Internet & Catalog Retail % (Short) GICS Internet & Catalog Retail % (Long Rescaled) The sub-industry Copper is new, along with sub-industries in the new sector, Real Estate. See What information is available about the new GICS sector, Real Estate? on page 5. The sub-industries Catalog Retail and Internet Retail have been merged into a new sub-industry Internet & Direct Marketing Retail sub-industry. All real estate-related sub-industries have been relocated to the new Real Estate sector. What information is available about the new GICS sector, Real Estate? on page 5. What are the new and discontinued GICS sub-industries? 42

5 What information is available about the new GICS sector, Real Estate? In the new Real Estate sector, real estate is now separated from the Financial Services sector. The Real Estate sector covers the new industry group (Real Estate), and the following new industries: Mortgage Real Estate Investment Trusts Equity Real Estate Investment Trusts, and Real Estate Management & Development. The new sub-industries in the Real Estate sector are as follows: Financial Exchanges & Data Mortgage REITs Diversified REITs Industrial REITs Hotel & Resort REITs Office REITs Health Care REITs Residential REITs Retail REITs Specialized REITs Diversified Real Estate Activities Real Estate Operating Companies Real Estate Development, and Real Estate Services. The industry Real Estate Investment Trusts (REITs) has been discontinued. What information is available about the new GICS sector, Real Estate? Any discontinued industry or sub-industry will no longer be available in their respective GICS sector or industry views. However, you can still view historical portfolio values for discontinued GICS groupings. To find any discontinued portfolio-level sector, search by the old GICS name. In addition, you should also be aware of the following: If a stock is assigned to a discontinued industry or sub-industry, its historical assignments to the discontinued industry or sub-industry will no longer populate in Morningstar Direct. All renamed GICS sectors, industries, or sub-industries, will update in any saved reports (in Performance Reporting or Presentation Studio), as long as the report is re-run or re-calculated after August 31, All new individual equity assignments for industries or subindustries will automatically populate. Historical individual equity assignments for discontinued industries or sub-industries are no longer available. How can I access discontinued industry or sub-industry data points? Current Yield at NAV % was added into the Excel Add-In as a Morningstar Discretionary Data Point. The frequency for the NAV Daily data point has been increased. Both monthly (NAV_MONTHLY) and daily (NAV_DAILY) source data are available. What are the new and changed non GICS data points? 43

6 What is the new data extracted limitation? The daily amount of data extracted limitation has been increased from 100,000 to 500,000. What is the new data extracted limitation? If your IT team has set you up as a proxy user, you will no longer have to wait for them to give you access to the latest version of Morningstar Excel Add-In. The addition of this feature will allow users to access the Morningstar servers via a proxy script (.pac or.dat) file. How can proxy users access the latest version of the Morningstar Excel Add-In? For Direct, the URL of the proxy script file can be specified in the scriptlocation key of the Morningstar Add-In.xll.config file. For example: <add key="proxyaddress" value=""/> <add key="scriptlocation" value=" Alternatively, the URL can be specified in the standard Internet Options dialog by leaving both of these fields empty. The order of precedence for handling the proxy server for Direct is: 1) The scriptlocation (for config files, e.g.,.pac files) in the Morningstar Add-In xll.config file; 2) The proxyaddress (for proxy servers) in the Morningstar Add-In xll.config file; 3) The Internet Options settings, in order, from top to bottom. Note: If an invalid proxy script file is specified, Microsoft's internet protocols will fall back to a direct (non-proxy) connection (this doesn't happen if a proxy server is specified; only a proxy script file). 44