WisdomTree Canada launches digital portfolio construction tool for advisors

By The IJ Staff | May 09 2018 11:30AM

WisdomTree Asset Management Canada announced May 9 the launch of its Digital Portfolio Developer (DPD). The company says this tool for Canadian advisors provides “deep data analytics” to evaluate client and prospect portfolios.

"Following the success of the launch of our Digital Portfolio Developer in the U.S., we are excited to offer the tool to advisors in Canada," said Kurt MacAlpine, WisdomTree Executive Vice President and Global Head of Distribution. "We have developed a unique application that allows advisors to optimize portfolio construction in a way that combines their perspectives with WisdomTree's ETF expertise."

Can analyze more than 40,000 funds

DPD can analyze more than 40,000 Canadian and U.S. mutual funds and ETFs, and 7,000 U.S. equity securities, with holdings-level analysis and real-time calculations in both Canadian and U.S. dollar currencies, says the company.

It is accessible on the WisdomTree website and allows features include stress testing scenarios and portfolio comparison. “Advisors can input and compare two portfolios side-by-side based on key metrics to help them determine underlying risks and seek opportunities to improve performance, income and/or fees,” says WisdomTree.

Related to the same topic …