Sentinel Benefits' Investment Scorecard System Helps Fiduciaries Better Assess Funds

Version 2.0 Offers Tracking Reports, Highlights Investment Performance Trends

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Dec 18, 2012, 10:26 ET

READING, Mass., Dec. 18, 2012 /PRNewswire/ -- Sentinel Benefits & Financial Group is proud to announce the release of its next generation Investment Scorecard System. This proprietary tool enables plan sponsors and investment advisors to better evaluate, review, and compare mutual fund performance.

"The process for evaluating a mutual fund must include both quantitative and qualitative measures," said Matthew H. McPhail, CFA, Chief Investment Officer, Sentinel Benefits & Financial Group. "With our enhanced Investment Scorecard System we have an easy-to-understand quantitative tool that helps our clients gain a deeper understanding of the strengths and weaknesses of any fund being evaluated for inclusion in a retirement plan."

Sentinel's proprietary Investment Scorecard System helps plan fiduciaries easily evaluate their plan's investment holdings on a quantitative basis by assigning each fund a score from 1 to 10. The scoring system incorporates ten investment performance statistics that the firm's management team has selected with retirement plan fiduciaries in mind. Thereafter, the system weighs each statistic, giving more points to investments that demonstrate better long-term performance with lower risk and lower expenses. Released quarterly to Sentinel Benefits' clients, the Scorecard now also includes a score tracking report to help fiduciaries monitor scoring changes over the past ten quarters.

"Investment Committees need a good process to ensure sound fiduciary decisions," said Marc Caras, AIF®, Executive Vice President, Sentinel Benefits & Financial Group. "Our enhanced Investment Scorecard System simplifies complex investment information to help conduct more effective investment committee meetings for our clients."

About Sentinel Benefits & Financial Group
Sentinel Benefits & Financial Group (www.sentinelgroup.com) is a leading employee benefit consulting and administration firm with 3,500 clients throughout the United States. Founded in 1987 as a three-man shop, the firm now has over 200 employees and offers a full complement of services from insurance brokerage and employer benefit administration to retirement plan services and investment advisory.

Sentinel executives are available to speak to members of the media about topics pertaining to corporate benefits plans and financial needs, including: