Hi Bruce,

Have been working through all the new components of Ver 12.4. and  would like a little more information on the new Morningstar Sector and Industry numbering and categorization.

Why is TC2000 using the new SX Sector and iX Industry groups and new numbering system, as compared to the MG classification we have grown to know over the years? The numbers are in the thousands, and the categories don't match the older categories exactly. I tried to find this category system on the Morningstar website, but couldn't find any info there.

Also, from the Sector standpoint, we have grown to know the 9 XL Sectors. Now there seems to be 11, adding Real Estate and TeleCom. TeleCom makes sense, but Real Estate is actually an Asset Class, like Stocks, Bonds, Currency, Commodities, Cash etc. rather than a sector. Also there are only 10 spots for Comparison Overlays, so 11 can't all be compared at once.

Just wondered about the overall concept of this change, and the listed more specific points.

Thanks,

We have switched because Morningstar switched (we actually held out for quite some time before adopting the new classifications). The following web page provides a basic description of the new classifications:

Morningstar Sector Indexes

But more detailed information is contained in a PDF on Morningstar's website:

Morningstar Global Equity Classification Structure

Thanks Bruce,

Both of your web links for the new Morningstar Sectors & Indices hit the spot. Also see how using the new Sector (SX --) symbols will graph out that sector, or industry.

Appreciate it very much.

John VK

You're welcome.