Klein Decisions Launches K⁴ Fund Selection for Investment Consultants, Advisors and Planners

Raleigh, NC - May 2, 2006 - Klein Decisions, LLC today announced the launch of K⁴ Fund Selection, applying Klein’s patented investment decision technology to the mutual fund evaluation process. Founded in 2002, Klein has developed and continues to provide new applications of its unique analysis to multiple areas of the investment decision process. K⁴ Manager Selection, launched in December 2005, and the now available K⁴ Fund Selection, offer a revolutionary improvement over widely used screening databases for fund and manager evaluation.

Rather than screening out funds on the basis of single, equally weighted attributes, K⁴ Fund Selection weights attributes using advisor inputs and dynamic trade-off questions, and then calculates a preference ranking across all attributes simultaneously. The analysis delivers an objective ranking of all eligible funds, considering not only the weights of the individual criteria, but also the combination of attributes. This ensures that advisors are not screening out excellent funds on the basis of a single attribute, and that the most important criteria more strongly influence the final selection in an objective, comprehensive manner.

This innovative solution to the problems inherent in screening databases is proving invaluable to top consulting and research groups who want to streamline and improve the manager selection process. Now the same methodology is available to advisors who evaluate mutual funds. K⁴ Fund Selection uses Morningstar® mutual fund data and the star rankings are one of the attributes available for consideration.

"Many people in the industry have been aware of the limitations of screening tools for quite a while," says Bob Padgette, founder of Klein Decisions. “Some have developed labor intensive, multi-factor models to resolve some of the issues, but the K⁴ process is unique. Because of its ability to build a multi-attribute model on the fly, weight criteria easily and quickly, and efficiently consider all attributes to rank all funds, improved investment evaluation and decision making is practical and affordable for all advisors.” 

About Klein Decisions, LLC

Klein Decisions was founded in 2002 by Robert L. Padgette, CFA, CIMA, to develop dynamic decision systems that incorporate investor preferences into the investor decision process. Headquartered in Raleigh, North Carolina, Klein’s team of experienced investment and technology experts have introduced a suite of web-based applications based on a patented process that precisely quantifies individual risk tolerance, goals, behaviors and preferences, and integrates that insight into a personalized investment solution. Please visit us at www.kleindecisions.com or call us at 919-233-6767.