Morningstar, a US fund rating system, goes live in the UK this week, delivering a star-rating system ...
Morningstar, a US fund rating system, goes live in the UK this week, delivering a star-rating system to retail investors to help them select funds. The website, at www.morningstar.co.uk, assigns funds a star rating that ranges between five for the top decile of funds in any one Morningstar-created category to one star for the bottom 10%. The number of stars awarded is calculated on risk-adjusted performance history over a three-year time scale. Only funds with at least three years of performance history are given ratings by Morningstar. The 25-plus categories are generated by analysis ...
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