Lists.pdf

Direct

Working with

Investment Lists in

Morningstar Direct

Onboarding Guide

Morningstar Direct January 2020

The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied

or distributed; (3) is not warranted to be accurate, complete or timely; and (4) does not constitute advice of any kind.

Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this

information. Any statements that are nonfactual in nature constitute opinions only, are subject to change without

notice, and may not be consistent across Morningstar. Past performance is no guarantee of future results.

Morningstar Direct January 2020 3

Contents

Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Exercise 1: Create a list for a single investment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

What should I know about using the Find Investments dialog box?. . . . . . . . . . . . . . . . . . 7

Exercise 2: Create an investment list for multiple investments . . . . . . . . . . . . . . . . . . . . . 8

Exercise 3: Add an item to an existing list by ISIN. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Exercise 4: Remove an item from a list. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Exercise 5: Change the order of items in a list . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Exercise 6: Add an item to an existing list from a data universe. . . . . . . . . . . . . . . . . . . 18

Exercise 7: Create a list from a search . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

Exercise 8: Merge existing lists into a new list . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

Exercise 9: Set user preferences for imports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

Exercise 10: Import a list of investments from Microsoft® Excel® . . . . . . . . . . . . . . . . . . . 34

Exercise 11: Rename a list . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

Exercise 12: Send a list to another Morningstar Direct user . . . . . . . . . . . . . . . . . . . . . . . 37

Morningstar Direct January 2020 4

Working with Investment Lists

in Morningstar Direct

OverviewAn investment list in Morningstar Direct

is a set of saved items whose members do

not change unless the list is manually edited. Morningstar Direct users can leverage

investment lists when creating performance reports, conducting peer analysis,

designing workbooks in Presentation Studio, and conducting other tasks requiring

repeated analysis and use of the same investments.

Once a list is saved, it resides in the Investment Lists folder under the Workspace

module, but they can also be retrieved from other areas within Morningstar Direct.

This manual offers the following exercises to help users find, save, edit, and delete

investment lists in Morningstar Direct:

g Exercise 1: Create a list for a single investment (page 5)

g Exercise 2: Create an investment list for multiple investments (page 8)

g Exercise 3: Add an item to an existing list by ISIN (page 12)

g Exercise 4: Remove an item from a list (page 15)

g Exercise 5: Change the order of items in a list (page 16)

g Exercise 6: Add an item to an existing list from a data universe (page 18)

g Exercise 7: Create a list from a search (page 21)

g Exercise 8: Merge existing lists into a new list (page 28)

g Exercise 9: Set user preferences for imports (page 30)

g Exercise 10: Import a list of investments from Microsoft® Excel® (page 34)

g Exercise 11: Rename a list (page 36)

g Exercise 12: Send a list to another Morningstar Direct user (page 37)

 Note: Prior to using this training guide, you should be familiar with the content in the

QuickStart Guide for Morningstar Direct.

Working with Investment Lists in Morningstar Direct

Exercise 1: Create a list for a single investment

Morningstar Direct January 2020 5

Exercise 1: Create a list

for a single investment

To start, you will practice creating a list by looking for a specific fund. Although this list

is being created from the Workspace area, remember that you can save a list from

nearly every area in Morningstar Direct. For example, once you create a report in the

Performance Reporting module, you can select investments there and save them to a

list for further analysis.

To create a list for a single investment, do the following:

1. Select the Workspace module, then select the My Lists page under the

Investment Lists folder.

2. From the toolbar above the grid view, click the New icon. The Select Investments

window opens.

3. The default option allows you to look for a Single Investment by

Name/Ticker/ISIN/CUSIP/SecId. In the text field, type Fidelity Contra.

 Note: The list of investments is automatically filtered as you type. You can search for an item

either by using the beginning portion of its name, or any phrase or text that is contained in its

name. For example, you could have found the same fund by typing just Contra.

Use this icon to

create a new list.

Be sure you are in

the correct module

and have the proper

page selected.

As you type, a

number of matching

suggestions appears.

Working with Investment Lists in Morningstar Direct

Exercise 1: Create a list for a single investment

Morningstar Direct January 2020 6

4. Click Fidelity Contrafund to select it. You are returned to the grid view, where only the

selected fund appears.

5. From the toolbar above the grid view, click the Save icon. The Save As dialog box opens.

6. In the Name field, type Single Investment List.

7. Click OK to close the Save As dialog box. The name of your list is now shown in the

navigation bar at the top of the window, to the right of My Lists.

Use this

icon to save

items in the

grid view

to a list.

Note the name of

the saved list here.

Working with Investment Lists in Morningstar Direct

What should I know about using the Find Investments dialog box?

Morningstar Direct January 2020 7

What should I know

about using the Find

Investments dialog box?

Creating a list for a single investment is as straightforward an exercise as you will find.

Most often, though, you will want to create a list for more than one investment. In the

next exercise, you will learn how to enter multiple ticker symbols at once when

searching for funds. Also, the following exercise features an introduction to the Find

Investments dialog box. Being able to nimbly use this interface is one key to mastering

Morningstar Direct, as you will find yourself encountering it over and over again in

the application. Generically speaking, the Find Investments dialog box asks you to take

the following actions each time you use it:

1. Identify the security universe (mutual funds, stocks, ETFs, etc.) where you want to look

for investments. A default selection is made based on your user preferences. You can

read more about setting preferences in the QuickStart Guide to Morningstar Direct.

 Note: You can look for multiple investment types in a single search within the

Find Investments dialog box, but in most instances you can look for only one security type at a

time. For example, if you wanted to find investments with the words “large value” in their

name, you would first have to search among Open End Funds, then switch to Close End Funds.

2. Choose how you will look for investments: by name, ticker, or other identification code.

3. Enter the name, ticker symbol(s), etc. for which you want to search. You can use the

search field repeatedly while the dialog box is open; you do not need to close it and

re-open it to look for another name, ticker symbol, etc.

 Note: When searching for investments by name, pay careful attention to the option buttons to

the right of the Find By field. Are you looking for an item’s name based on the text it Begins

with, or merely text that the investment’s name Contains?

4. From the search results, add the investments with which you want to work. If you

mistakenly add an item, it can be easily removed.

When looking for

investments by name in

the Find Investments

dialog box, be sure the

correct option button is

selected for your search.

As you find investments

in this dialog box, use

these buttons to add them

to or remove them from

whatever item (list, portfolio,

etc.) you are creating.

Working with Investment Lists in Morningstar Direct

Exercise 2: Create an investment list for multiple investments

Morningstar Direct January 2020 8

Exercise 2: Create an

investment list for

multiple investments

In the following exercise, you will not only learn how to look for multiple ticker symbols

at once, but also how to add items to an existing list and save a list with a new name.

 Note: When you save a list in Morningstar Direct, you are not only saving the row(s) you

select, but the columns displayed as well. You can save an existing, pre-built column set with

a list, or create your own column set. Creating a custom column set is covered in the

Creating Custom Data Sets training guide.

To create a list with multiple investments, do the following:

1. You should still be in the Workspace module, looking at the Single Investment List. If

not, go there now and double-click the name of the list to open it.

2. From the toolbar above the grid view, click the Add icon. The Select Investments dialog

box opens.

3. This time, select the Multiple Investments choice under the

Name/Ticker/ISIN/CUSIP/SecId area.

4. Click OK. The Find Securities dialog box opens. The Open End Funds universe should be

selected from the drop-down field.

 Note: The default universe here is driven by the User Preferences selected from the File menu.

You can always see the other available universes by clicking the drop-down field at the top of

the dialog box.

Use this

icon to

add items

to a list.

Note the

selection

here.

Working with Investment Lists in Morningstar Direct

Exercise 2: Create an investment list for multiple investments

Morningstar Direct January 2020 9

5. From the Find By drop-down field, select Ticker.

6. In the text box, type the following ticker symbols, with each one separated by a space:

g POAGX

g VFINX

g DODIX

g MSSFX

g MWTRX

7. Click Go. The five funds matching the ticker symbols you entered now show in the

Available Records area.

Note the selection here.

Rather than including a

space after each ticker symbol,

you can instead separate

them with a comma.

Working with Investment Lists in Morningstar Direct

Exercise 2: Create an investment list for multiple investments

Morningstar Direct January 2020 10

8. Click the Add All button. The five funds are now in the Selected Records area.

9. Click OK to close the Find Investments dialog box.

10. From the column header area, click the Select All check box.

Use this button to move

the funds you found to

the Selected Records area.

When you need to

select every row in a

grid view, this box

allows you to select

all rows at once.

Working with Investment Lists in Morningstar Direct

Exercise 2: Create an investment list for multiple investments

Morningstar Direct January 2020 11

11. From the toolbar above the grid view, click the Action menu and select

Save As…Investment List. The Save As dialog box opens.

12. In the Name field, type Multiple Investments.

13. Click OK to close the Save As dialog box. A confirmation message opens, asking if you

want to save your changes. This message is referring to not just the rows you have

included in the list, but the columns showing as well.

14. Click Yes. Note that the name of the new list is now shown in the navigation bar at the

top of the window, to the right of My Lists.

Select this option to save

multiple items to a list.

Note the name for the new list.

Working with Investment Lists in Morningstar Direct

Exercise 3: Add an item to an existing list by ISIN

Morningstar Direct January 2020 12

Exercise 3: Add an item

to an existing list by ISIN

So far, you have created two lists—first by searching for one item by name, and then

by searching for multiple items by ticker symbol. You have other options besides just

name or ticker symbol when searching for securities. For instance, you can also look for

items by ISIN (International Securities Identification Number), such as an SICAV fund.

As with a search by ticker symbol, you must enter the entire ISIN code; you cannot

enter a partial ISIN. However, entering an ISIN can sometimes result in an unforeseen

problem, as described in the following exercise.

 Note: The following exercise works because the search for the fund is being done in the

Workspace module, which searches across all global databases. If you tried to search for a

fund by ISIN code from the U.S. Open End Funds universe in the Local Databases module, you

would not have the same experience as outlined in the following steps.

To add a U.S. dollar-denominated fund to an existing list by searching for an ISIN, do

the following:

1. You should still be in the Workspace module, and on the My Lists page. If not, go

there now.

2. If the Multiple Investments list is not already open, double-click the Multiple

Investments list to open it.

3. From the toolbar, click the Add icon. The Select Investments window opens.

4. The default option here allows you to look for a Single Investment by

Name/Ticker/ISIN/CUSIP/SecId. In the text field, type LU0365481349. Three different

funds appear; which one is the dollar-denominated fund you are supposed to select?

Clearly, using the Single Investment search method does not provide the answer to this

question. Let’s try a different method.

5. To clear your entry, press <ESC> on your keyboard.

6. Select the option button for Multiple Investments.

7. Click OK. The Find Securities dialog box opens.

It is not possible to tell just by

looking at them which of these

three items is the one you want.

Working with Investment Lists in Morningstar Direct

Exercise 3: Add an item to an existing list by ISIN

Morningstar Direct January 2020 13

8. The Open End Funds universe should be selected from the drop-down field. From the

Find By drop-down field, select ISIN.

9. In the text box, type LU0365481349.

10. Click Go. The three funds matching the ISIN you entered should now be showing in the

Available Records area.

Be sure to make the correct

selection from the Find By field.

Working with Investment Lists in Morningstar Direct

Exercise 3: Add an item to an existing list by ISIN

Morningstar Direct January 2020 14

11. Click the fund denominated in dollars (USD), then click the Add button. The fund is now

in the Selected Records area.

12. Click OK to close the Find Investments dialog box.

13. From the toolbar above the grid view, click the Save icon to preserve the updated list.

Be sure to select the correct

fund before clicking Add.

Working with Investment Lists in Morningstar Direct

Exercise 4: Remove an item from a list

Morningstar Direct January 2020 15

Exercise 4: Remove an

item from a list

In the last exercise, you saved the list after adding the fund you looked up by ISIN. Let’s

say you want to remove only that item from the list. You can do this without having to

delete the entire list and rebuild it again.

To remove an item from a list, do the following:

1. You should still be in the Workspace module, and on the My Lists page. If not, go

there now.

2. If the Multiple Investments list is not already open, double-click its name to open it.

3. Check the box to the left of the MS INVF Emerging Markets Equity A fund.

4. From the toolbar above the grid view, select Action…Delete.

5. When the confirmation message opens, click OK.

6. From the toolbar above the grid view, click the Save icon.

Be sure to select only the

fund you want to delete.

Select this option from

the Action menu to

remove an item from a list.

Working with Investment Lists in Morningstar Direct

Exercise 5: Change the order of items in a list

Morningstar Direct January 2020 16

Exercise 5: Change the

order of items in a list

You can change the order of rows in a grid view using one of the following methods:

g to sort by one column, click a column header (click once to sort in ascending order,

click again to sort in descending order)

g to sort by two columns, use the Sort icon on the toolbar, or

g manually change the order of rows in the grid view using the arrow icons on

the toolbar (which is covered in this exercise).

 Note: Besides re-ordering the rows, you can also save an existing, pre-built column set with a

list, or create your own custom column set. Creating a custom column set is covered in the

Creating Custom Data Sets training guide.

This section shows you how to manually change the order of rows for a list. Do

the following:

1. You should still be in the Workspace module, and on the My Lists page. If not, go

there now.

2. If the Multiple Investments list is not already open, double-click its name to open it.

3. Check the box to the left of the Vanguard fund.

4. From the toolbar above the grid view, click the Move to Top icon. Note the new position

of the Vanguard fund.

Remember to select

the correct investment

before using the

position buttons.

Use this icon to

move a row to the

top of the grid view.

Working with Investment Lists in Morningstar Direct

Exercise 5: Change the order of items in a list

Morningstar Direct January 2020 17

5. Uncheck the box to the left of the Vanguard fund.

6. Check the box to the left of the Dodge & Cox Income fund.

7. From the toolbar above the grid view, click the Move Down icon. Note the new position

of the fund.

8. Click the Save icon to preserve the new ordering. Each time you open this list, this

ordering will be seen.

Use this icon to

move a row down

in the grid view.

Working with Investment Lists in Morningstar Direct

Exercise 6: Add an item to an existing list from a data universe

Morningstar Direct January 2020 18

Exercise 6: Add an

item to an existing

list from a data universe

What happens if you’re conducting research in one of the local or global databases,

and realize you want to add an item to an existing list? You do not need to leave the

module and go to Workspace in order to do this. Do the following:

 Note: The following exercise assumes your local country preference is set to the United States.

1. Select the Local Databases module, then click Open End Funds.

2. Beneath the Morningstar-defined Universes list, click United States Mutual Funds.

3. From the toolbar, click the Locate icon. The Select a Security dialog box opens.

Be sure to select the

correct module,

page, and universe.

Note the

position of

the Locate icon.

Working with Investment Lists in Morningstar Direct

Exercise 6: Add an item to an existing list from a data universe

Morningstar Direct January 2020 19

4. In the Jump to record name field, type Oakmark.

5. In the Available records list, scroll down until you see Oakmark Service. Double-click the

record for Oakmark Service.The dialog box closes, and the row for Oakmark Service is

selected in the grid view.

6. From the Action menu on the toolbar, select Add to…Investment List. The Add To

dialog box opens.

Type the first part of

the fund’s name,

then double-click

the fund to select it.

Select this option to

add an investment

to an existing list.

Working with Investment Lists in Morningstar Direct

Exercise 6: Add an item to an existing list from a data universe

Morningstar Direct January 2020 20

7. Click the Multiple Investments list, then click OK to close the dialog box.

8. Go to the Workspace module, and select the My Lists page.

9. Double-click the Multiple Investments list to open it, and note the new addition.

Select the list to which

you want to add the

selected investment.

Double-click the

name of a list to open it.

Working with Investment Lists in Morningstar Direct

Exercise 7: Create a list from a search

Morningstar Direct January 2020 21

Exercise 7: Create a list

from a search

What happens if you don’t know which investments you want to add to a list, but

instead have to first search for them? Creating a list in this scenario is easy enough; the

only challenges are ensuring you create the list from the correct location, and select

only those investments you actually want to include in the list.

What does it mean to “create the list from the correct location?” If you want to create a

list with a single type of managed investment (open-end funds, closed-end funds,

exchange traded funds, etc.), you can create a search from the particular universe in

the Local Databases module. If your search needs to incorporate multiple managed

investment types, however, then you should create the search from the Workspace

module. The following exercise will have you create a search, then select the items

from the result set to a list.

 Note: Working with and creating a search by criteria is explained in greater detail in the

Creating Searches in Morningstar Direct training manual.

To create a list from a search, do the following:

1. You should be in the Multiple Investments list in the Workspace module. From the

toolbar, click My Lists on the breadcrumb trail. All lists you have saved are displayed.

Click here to see all

of your saved lists.

Working with Investment Lists in Morningstar Direct

Exercise 7: Create a list from a search

Morningstar Direct January 2020 22

2. From the toolbar, click the New icon. The Select Investments dialog box opens.

3. Although the option for creating a list based on Search Criteria exists here, creating a

search from the My Lists page might not be the best option for one important reason:

once you enter the criteria for a search, if you need to make changes to the criteria you

cannot return to the window where you selected and defined the criteria. For this

reason, it is better to create a search that will result in a list from the My Search Criteria

page, because from here you can easily return to the Search by Criteria window to make

changes as needed. Click Cancel.

Click here to

create a new list.

You can create a search as the

basis for a list, but a better

approach is to do this from

the My Search Criteria page.

Working with Investment Lists in Morningstar Direct

Exercise 7: Create a list from a search

Morningstar Direct January 2020 23

4. In the left-hand navigation pane, select the My Search Criteria page (under the

Workspace module).

5. From the toolbar, select New…Advanced Search…Funds (Open End and Exchange

Traded Funds). The Search Criteria window opens.

Click to select this page.

Select this

option to create

a new search.

Working with Investment Lists in Morningstar Direct

Exercise 7: Create a list from a search

Morningstar Direct January 2020 24

6. Click in the Field Name column for row 1. A drop-down field opens.

7. Select Morningstar Category. The Operator column is automatically set to =.

8. Click in the Value column. A drop-down list opens. Scroll down and expand the

U.S. option.

Click to

select a criteria.

Click to expand

the U.S. option.

Working with Investment Lists in Morningstar Direct

Exercise 7: Create a list from a search

Morningstar Direct January 2020 25

9. Under the U.S. option, the categories are listed in alphabetical order. Scroll down and

click Small Value.

10. Click in the Field Name column for row 2, and from the drop-down field, select

Morningstar Rating Overall. The Operator column is automatically set to =.

11. Click in the Value column, and from the drop-down field, select 5.

12. Click Run Search to preview the number of investments meeting the search criteria.

Scroll down to

find this option.

Selecting this

option will

show you only

funds with a

5-star rating.

Working with Investment Lists in Morningstar Direct

Exercise 7: Create a list from a search

Morningstar Direct January 2020 26

13. To retrieve only the oldest share class for each fund, click in the Field Name column for

row 3, and from the drop-down field, select Oldest Share Class. The Operator column is

automatically set to =.

14. Click the Value column, and from the drop-down field, select Yes.

15. Click Run Search again.

16. Click OK to close the Search Criteria window. The items matching your search now show

in the grid view.

17. In the header row, click the select all check box.

Scroll down to

select this item.

Use this box to

select all rows

Working with Investment Lists in Morningstar Direct

Exercise 7: Create a list from a search

Morningstar Direct January 2020 27

18. To save the investments meeting the search criteria to an investment list, from the

toolbar, select Action…Save As…Investment List. The Save As dialog box opens.

19. In the Name field, type Small Value Five Star Funds.

20. Click OK to close the Save As dialog box.

21. When the confirmation message appears asking if you want to save your changes,

click Yes. This allows you to save the search you created.

 Note: Remember that investment lists are static; their constituents will not change unless you

manually add or remove items from them. Searches, however, are dynamic. When you open a

saved search, only investments currently matching all of the criteria will be displayed.

This option allows you

to save the items to a list.

This dialog box allows

you to save the list.

Working with Investment Lists in Morningstar Direct

Exercise 8: Merge existing lists into a new list

Morningstar Direct January 2020 28

22. In the Name field, type Small Value Funds.

23. Click OK to close the Save As dialog box.

24. In the left-hand navigation pane, click the My Lists page. Note the new list you

just saved.

Exercise 8: Merge

existing lists

into a new list

When building a list, you can also take one list you have saved and merge it into

another existing list, then save the combined items into a new list.

To merge one list into another, do the following:

1. To begin, be sure you are looking at the My Lists page in the Workspace module.

2. Double-click the Multiple Investments list to open it.

3. From the toolbar, click the Add icon. The Select Investments dialog box opens.

4. Select the option for My Lists.

This dialog box allows

you to save the search.

To open a list,

double-click its name.

Working with Investment Lists in Morningstar Direct

Exercise 8: Merge existing lists into a new list

Morningstar Direct January 2020 29

5. From the drop-down field, select Small Value Five Star Funds.

6. Click OK. The grid view opens, and investments from both lists are combined.

7. Click the Save icon to save the Multiple Investments list with these new investments

Select this option button, and

be sure to select the correct list.

Here, the elements

of two lists have

been combined.

Working with Investment Lists in Morningstar Direct

Exercise 9: Set user preferences for imports

Morningstar Direct January 2020 30

Exercise 9: Set user

preferences for imports

The exercise following this one shows users how to import a set of stocks. Prior to

doing that, though, users should tell the system which exchanges should be

considered when importing items. This prevents duplicate items from appearing in a

list for stocks trading on multiple exchanges.

To set the user preference for imports, do the following:

1. From the menu bar, select File > Set User Preferences. The Set User Preferences

window opens.

2. Select the Import tab.

Select this option to

change system settings.

Working with Investment Lists in Morningstar Direct

Exercise 9: Set user preferences for imports

Morningstar Direct January 2020 31

3. Click Set Exchange Filter. The Set Exchange Filter window opens.

4. Click Add / Remove Exchanges. The Selected Exchanges dialog box opens.

Click this button to control

which exchanges are considered

when importing investments.

Click this button to

select the specific

exchanges to consider.

Working with Investment Lists in Morningstar Direct

Exercise 9: Set user preferences for imports

Morningstar Direct January 2020 32

5. Scroll down to select each of the following exchanges, then click Add:

g NASDAQ,USA, and

g NEW YORK STOCK EXCHANGE, INC., USA.

6. Click OK to close the Select Exchanges dialog box.

Select an exchange,

then click this button.

Working with Investment Lists in Morningstar Direct

Exercise 9: Set user preferences for imports

Morningstar Direct January 2020 33

7. Check the Import Match box to the right of the name of each exchange.

8. Click Save + Close to close the Set Exchange Filter window.

9. Click OK to close the Set User Preferences window.

Check these

boxes before

clicking Save + Close.

Working with Investment Lists in Morningstar Direct

Exercise 10: Import a list of investments from Microsoft® Excel®

Morningstar Direct January 2020 34

Exercise 10: Import a

list of investments

from Microsoft® Excel®

You can import a text or Microsoft® Excel® file to build a list of investments. In order to

import the file, you need to include a security identifier for each item in the Excel file,

such as one of the following:

g CUSIP

g ISIN

g SEDOL

g Ticker

g SecId, or

g FundID.

 Note: Other options for identifying holdings are also available.

Only one of these options can be selected during the import process, and it must

appear in column A in the Excel spreadsheet. A header row in the Excel spreadsheet is

not needed. To practice, open this Excel file of stocks and save it locally.

Using the Excel file just saved (or another that’s properly formatted), import it as a list

by doing the following:

1. In the Workspace module, select the My Lists page.

2. From the toolbar, click New. The Select Investments dialog box opens.

Even when importing, use

this icon to create a new list.

Working with Investment Lists in Morningstar Direct

Exercise 10: Import a list of investments from Microsoft® Excel®

Morningstar Direct January 2020 35

3. Select the option for Import List.

4. Click OK. The Import List dialog box opens.

5. To find the file with the investments you want to import, to the right of the File name

field, click Browse.

6. From the File type drop-down field, select Excel.

7. From the Identifier drop-down field, select Ticker.

8. Click OK to close the Import List dialog box. The investments are automatically added to

the grid view.

Select this option to

import a list of securities.

Be sure to select the

correct values from

each field, otherwise

the import will not work.

Working with Investment Lists in Morningstar Direct

Exercise 11: Rename a list

Morningstar Direct January 2020 36

9. To save the list, click the Save icon on the toolbar. The Save As dialog box opens.

10. In the Name field, type Imported List.

11. Click OK.

Exercise 11: Rename

a list

You can easily change the name of a list, but you can rename only one list at a time.

This is useful if you need to change a list’s name for the sake of clarifying the contents

of a list. To rename a list, do the following:

1. From the left-hand navigation pane, select the My Lists page under Workspace.

2. Check the box to the left of the Small Value Five Star Funds list.

3. From the Action menu, select Rename. The Rename dialog box opens.

4. In the Name Field, change the name of the list to US Small Value 5 Star Funds & ETFs.

5. Click OK. The name of the list updates automatically in the grid view.

Enter the name for

the imported list here.

Use this option to

change the name

of the selected list.

Working with Investment Lists in Morningstar Direct

Exercise 12: Send a list to another Morningstar Direct user

Morningstar Direct January 2020 37

Exercise 12: Send a

list to another

Morningstar Direct user

You can send the lists you create in Morningstar Direct to other Morningstar Direct

subscribers. You can also share lists with other users. The difference between sharing

a list and sending a list is that a shared list can be set to either Read Only or

Read/Write permission, while lists you send always have Read/Write permission. The

changes someone makes to a list you send are not reflected in the list you see, as is the

case for a list you share with Read/Write permission.

That is, lists you share with Read/Write permission can have items added to or

removed from them, and the name of the list can be changed as well. Other

Morningstar Direct users with Read/Write permission to a list you created and shared

can also delete that list, in which case it is removed for both themselves and you.

Therefore, think carefully about offering Read/Write access to a list you share!

Read Only lists you share can be seen by other Morningstar Direct users, but the

elements of the list cannot be changed, and a user cannot change the name of the list

or delete it.

To send a list, do the following:

1. From the left-hand navigation pane, select the My Lists page under Workspace.

2. Check the box to the left of the US Small Value 5 Star Funds & ETFs list.

3. From the Action menu above the grid view, select Send To…Within My Firm. The Find

Users Within My Company window opens.

Select this option to

send a selected list to

another user at your firm.

Working with Investment Lists in Morningstar Direct

Exercise 12: Send a list to another Morningstar Direct user

Morningstar Direct January 2020 38

4. In the Find By field, type the last name of the person to whom you want to send the list.

5. Click Go.

6. In the Available records area, select the person’s name, then click Add.

7. Click OK.

8. When the confirmation message appears, click OK.

The default option looks for a

person by Last Name, but you

can switch this to First Name,

and you can also search for

a portion of a person’s name.

You can look for and add

multiple people to send

a list to before you click OK.