Interactive Brokers enhances mutual fund research

Maria Nikolova

The brokerage has added enhanced support for mutual fund research to simplify finding funds that meet one’s investment style or criteria.

Online trading major Interactive Brokers continues to expand and improve its offering, with recent enhancements concerning mutual funds. The brokerage has added enhanced support for mutual fund research to simplify finding funds that meet one’s investment style or criteria.

The Trader Workstation (TWS) platform now includes support for mutual fund data points in Watchlist columns.

Further, Fundamentals Explorer now lets clients use data from Lipper to compare funds, view holdings and allocations, and view detailed breakdowns of fees and performance over time.

Speaking of how the brokerage is working to provide more comprehensive support for mutual funds across all of its trading platforms, let’s note that, in the latest beta release of its TWS platform, the brokerage has enabled charting for funds.

Mutual funds offer a way of diversifying a portfolio and gaining exposure to a variety of market strategies. The company invites traders to check back often for more updates on funds enhancements, including the ability to screen over 11,000 funds from over 240 fund families to help narrow one’s selection, a Mutual Funds scanner, rating and style scores for funds, and much more.

Let’s recall that back in the summer of 2018, Interactive Brokers expanded the range of trading instruments available to users of its mobile applications as they started supported trading in mutual funds. One may find a fund using the symbol or fund family name. That addition to the lineup of trading instruments followed the introduction of bonds trading on the IBKR Mobile app. Users of the solution got access to municipal and corporate bonds.

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