Trustnet - Wow!

older_and_no_wiser

Got it!

If you go into the VGOV "View Sector"  page, it tells you which sector to look in. VGOV is in "IA UK Gilts". Then sub-search on the Portfolio search within that Sector for the "Vanguard (Ireland)" Management Group. It will then show in the Fund list.

Phew!

ChesterDog

Try adding it to your basket, then open the basket and add it to your portfolio from there.

valiant24

ChesterDog said:

Try adding it to your basket, then open the basket and add it to your portfolio from there.

Can you explain this further please?

Reluctantpensioner

I use both Trustnet and MorningStar. I'll focus on free account vs. free account:
Both will allow you to enter most assets (I have tried) into a portfolio. But they can both be cranky to search for. 

TrustNet has some, free, portfolio analysis tools: comparative graphing, risk hierarchy and many others 
Morningstar does have a superior analysis tool: X-Ray, but you would have to pay for it....
...unless you are like me and have Fidelity as your platform,.. which gives you Portfolio X-Ray for free. (But not for a what-if analysis).

You can print Trustnet reports to PDF, with MorningStar all you can do is cut/paste the browser (but they do paste nicely into Excel).

Use it a lot and the main difference you will find is that a TrustNet portfolio is buy only.
MorningStar permits a total history of buy and sell actions (including dividends if you enter the data). 
This makes some Trustnet analyses less useful - good for overview but not true running totals you can compare with your portfolio statement. (Or just plain inaccurate if you've bought and sold a lot).
So for example the MorningStar Performance and Gain/Loss reports are accurate day by day and even includes performance of assets you have sold or reduced your holding of. It reports previous gains or losses as well. All you can do with Trustnet is delete replaced funds or forget that a holding may have been larger. (MorningStar gives a true Gain/Loss for each fund, which works for the total but gets confused with complex gain/loss% cases... but Trustnet Gain/Loss numbers are only true in simple cases)

I use both, and X-Ray through Fidelity.
Morningstar works day by day. Trustnet is good for a periodical overview.

Warning: X-Ray asset allocation analysis is superior to Trustnet.
X-Ray looks into the constituents of funds in Global or Allocation and adds up all the regions etc. When it reports 49% US, that is what you hold in US. The similar Trustnet report would only show US if you have a single US holding (North America). Mixed funds will end in buckets like International Equity or Other.
But of course X-Ray is chargeable.

Morningstar used to be superior because of free MorningStar Analyst Reports on their rated funds. But these are now (at least in most cases) behind the paywall.
Trustnet is worse, many funds have little data because "this fund does not subscribe to trustnet"

ChesterDog

valiant24 said:

ChesterDog said:

Try adding it to your basket, then open the basket and add it to your portfolio from there.

Can you explain this further please?

Well, from memory...

Once you've managed to call up the correct version/class of the fund in which you are interested, on its factsheet there will be a facility to add it to your basket (eg via a basket icon).

Once you've done that, open your basket, select the fund within it and click "Add selected funds to my Trustnet portfolio".

Then you can go to your portfolio and enter the correct number of units and purchase date.

ChilliBob

I do find it irritating that every platform for private investors does have a fair few shortcomings. Using a combination of Trustnet, Morningstar, ft.com and my own Excel is rather tiresome and hardly an efficient work flow!

Keen to know what others do who've been doing this for eons

dunstonh

ChilliBob said:

I do find it irritating that every platform for private investors does have a fair few shortcomings. Using a combination of Trustnet, Morningstar, ft.com and my own Excel is rather tiresome and hardly an efficient work flow!

Keen to know what others do who've been doing this for eons

The DIY market tends to be very cost-conscious. Even if a good number end up in expensive options, they think they are saving money.  Platforms choosing to make data available from the likes of FE and Morningstar have to pay a licence to do so.   They have to code the front end themselves   Those licences are not cheap.   
So, its a commercial decisions based on what they are trying to achieve.

ChilliBob

dunstonh said:

ChilliBob said:

I do find it irritating that every platform for private investors does have a fair few shortcomings. Using a combination of Trustnet, Morningstar, ft.com and my own Excel is rather tiresome and hardly an efficient work flow!

Keen to know what others do who've been doing this for eons

The DIY market tends to be very cost-conscious. Even if a good number end up in expensive options, they think they are saving money.  Platforms choosing to make data available from the likes of FE and Morningstar have to pay a licence to do so.   They have to code the front end themselves   Those licences are not cheap.   
So, its a commercial decisions based on what they are trying to achieve.

Yeah, I totally get that, and the fees charged by Morningstar aren't that high, if it was decent.

I do think if you came up with a decent front end combining some of the best features of MS and Trustnet you could monetise it, I guess the problem is the investment would probably need to be quite substantial, and likely you'd not get payback for years

I think my use of the word platform was a bit wonky, by platform I didn't mean HL/II/Fidelity etc I meant Trustnet/Morningstar etc - I.e. Research platforms as opposed to investing platforms 

valiant24

ChilliBob said:

ChilliBob said:

the fees charged by Morningstar aren't that high, if it was decent.

I would willingly pay the £18/mth the Morningstar service is pupporting to deliver.

But unfortunately it's utterly !!!!!!. 

ChilliBob

Yeah, this.

If I got decent graphing which can expand to fill a 4k screen, a proper search which didn't include tonnes of duplicate fund classes which are junk for retail investors, it'd be a good start!

The possibilities are nearly endless, but I sense they just don't see profit in it. Pitch book must generate them a far higher profit than MS premium