(See "Menu > Help > New Features" in the Steele Expert program)
Category changes
Under the "Filters" drop-down list in all tabular views the following built-in filters have been added:
Index funds, such as those in the "Index Funds for Benchmarking" built-in securities group can be used instead of indexes for benchmarking and comparisons for more real-world performance comparisons. Several Index Funds faithfully follow their underlying index but, unlike the index, which is a theoretical list of securities and their weights, they provide an investment vehicle that one can actually purchase/hold and its performance does include the cost of managing its operation and maintaining it.
Using an Index Fund instead of its underlying index for comparing performance is a more correct and accurate apples-to-apples comparison of investment vehicle to investment vehicle, instead of a mutual fund that one can invest in (whose performance includes the cost of existing) versus an index which is a hypothetical collection of securities (without any associated costs of acquiring and trading those securities, and managing the operation).
When Modern Portfolio Theory was born, comparing a security to the "market", often referred to a large list of securities such as the S&P 500, Russell 1000/2000/3000, Wilshire 5000. It was highly impractical and expensive to attempt to actually attempt to hold the contents of such benchmarks. Today, however, low-cost Index Funds such as "Fidelity 500 Index" and "Vanguard S&P 500 ETF" represent real-world incarnations of the underlying index that one can actually hold. As a result, for example, it is more accurate and relevant to compare funds in the Large Cap category to those Index Funds. If a considered mutual fund has not been matching (and is not projected to exceed) the performance/risk provided by the Index Fund, the investor can instead actually buy the Index Fund itself.
Category changes
Ultra High-resolution Screens (high-DPI / 4K)
The application now automatically adjusts for ultra high-resolution monitors such as 4K screens. If some components of the application used to display too small and you previously had to manually select a scaling mode for the Steele Expert application, you can improve the program's display by returning that setting to automatic as follows: