Sharesight to deliver powerful portfolio tracker to Morningstar premium subscribers

Sharesight, an award-winning online stock portfolio tracker and reporting tool, is teaming up with Morningstar Australasia Pty Limited, a subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, to offer Sharesight Investor Plan to Morningstar Premium subscribers.

Morningstar Premium subscribers in Australia and New Zealand will receive Sharesight Investor Plan at no additional cost, allowing them to track all of their holdings in one place.

“Over the last year, we’ve been building a new experience for our Morningstar Premium subscribers, and our integration with Sharesight is the next step in that progression,” said Mark Lamonica, Senior Product Manager, Individual Investor, Morningstar Australasia.

“We’re excited to combine Morningstar’s data, analytics, and research with Sharesight’s powerful portfolio analysis tracker to offer investors a more holistic view of their portfolios.”

“Sharesight’s mission is to empower self-directed investors through technology. This integration uses the power of our APIs to complement the world-class research of Morningstar,” said Doug Morris, CEO of Sharesight.

With Sharesight, Morningstar Premium subscribers will be able to generate instant reports on their total annualised performance over any period, benchmark their portfolio, and visualise their diversification and asset allocation. In Australia and New Zealand, the portfolio tracker also calculates taxable income, capital gains tax, and tax loss selling opportunities, and portfolio access can be shared securely with accountants or financial advisors for improved efficiency.

Investors have to rely on figures from brokers or carefully managed spreadsheets to track their dividends, capital growth, and other investments. With Sharesight’s portfolio tracker platform, investors can track investments in shares, bonds, managed funds, LICs and ETFs, from over 30 exchanges worldwide. As of 18 February 2020, more than 100,000 investors use Sharesight to track their portfolios.

Morningstar Premium offers independent investment research, tools, and insights to help investors make informed investment decisions and reach their financial goals with confidence.