Why do IFAs need fundsifta? Portfolio construction starts with generic asset allocation, goes on to the selection of tax wrappers and concludes with the selection of funds. Tools are available to assist with the first two stages of the process, but until fundsifta IFAs have had to rely on the blunt tool of external ratings to guide their selection of funds. fundsifta starts with the total population of 40,000 collective, life, pension and offshore funds available to UK intermediaries and provides the means of sifting by reference to comparative and qualitative criteria and analysing the resulting shortlist by reference to a matrix of six critical risk measures compiled in consultation with a group of fund managers and analysts from leading investment houses. Shortlisted funds are analysed separately and then competing funds can be compared. To assist IFAs in quickly identifying the good, the bad and the ugly, the risk scores in the risk matrix reports are presented against a green, amber or red background. Explanations of the risk measures can be accessed by clicking on the Help button at the top of each screen, and separate buttons provide access to model portfolios, fund factsheets, stored client portfolios and other facilities. Advisers can also access the wider range of MoneyMate fund selection tools. The professional IFA of the future will justify his or her retainer by being able to move beyond the relative safety of multi-manager into the field of fund selection and portfolio review. For this, they will need fundsifta. fundsifta has been devised by eIDV and developed by MoneyMate, a leading provider of investment and fund solutions to financial institutions across Europe and beyond. HOME