Morningstar has launched qualitative research and ratings for passive funds, assigning a Morningstar Analyst Rating for 25 of the most popular index funds in the UK.
Among the rated funds, 23 funds were Morningstar Medalists, which are funds that receive a Morningstar Analyst Rating of Gold, Silver, or Bronze. Of these, nine received a Morningstar Analyst Rating of Silver and 14 were Bronze; none received a Gold rating. Two funds were rated Neutral. Morningstar director of global passive funds research Ben Johnson said: "The popularity of index funds and exchange-traded products is on the rise, and we are putting them on a level pitch with their actively managed counterparts to help investors make better decisions. "Our analysts have weighed th...
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