Or the power of the screener The amount of information available to an investor continues to grow. This includes not only news and information, but also the number of products.
There are currently about 50,000 companies listed worldwide. There are about 130,000 mutual funds and just under 9,000 ETFs. In short, an overwhelming amount of choices, which makes it quite difficult to select a stock, mutual fund or ETF. Fortunately, this is where a screener comes in handy.
A screener is nothing more than a filter that allows you to "slice and dice" a large universe in a way that suits your needs. You can specify within a screener what criteria matters to you and this enables you to search easily and effectively within the overwhelming array of stocks, ETFs and mutual funds.
For example, if you are looking for funds that do better than their peers on a risk-adjusted basis, or if you are looking for ESG (or sustainable) funds, the screener allows you to do so by respectively selecting the Morningstar rating feature or the sustainability rating feature. In short, a handy tool to make a first selection of potentially interesting funds.
Where to find the screener on the platform
The search window (top right) allows you to search for underlying assets. Once you narrow the search to, for example, "Stocks", "ETFs" or "Mutual Funds", the screener is available within "ETFs”.