Morningstar Launches New ‘Medalist Rating’ Scale
The new rating combines two previous scales to simplify the research process for investors, Morningstar says.
Morningstar has officially launched its new Morningstar Medalist Rating, which combines two ratings — the Morningstar Analyst Rating and the Morningstar Quantitative Rating — into one.
The new system, which the research firm announced last year, aims to make it easier for investors to research and pick investments.
Open-end mutual funds, ETFs, separately managed accounts and model portfolios can receive Gold, Silver, Bronze, Neutral or Negative ratings on the new scale, according to a firm FAQ.
The Medalist Rating is available on all Morningstar platforms. An article on the new system is available on the firm’s website.
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