Products March 11, 2010

RPAG Expands Scorecard System to Rank ETFs

Retirement Plan Advisory Group (RPAG) has announced that its proprietary Scorecard System will now track, monitor, and rank more than 300 exchange-traded funds (ETFs).
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The company said the ETF capability in Scorecard enables fiduciaries to better select and monitor those investment vehicles. By developing a series of standardized benchmarks and peer groupings, RPAG’s investment research team programmed Scorecard’s 10-point system to encompass the unique characteristics of ETFs in 20 categories, producing a tool for 401(k) fiduciaries to qualify and quantify ETFs for fitness in plan portfolios, according to RPAG, a practice management platform for defined contribution advisers in the U.S.

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