A sneak peak at the new Global Fund Research Report
Since April of 2010, Morningstar and OBSR fund analysts have been harmonizing their processes and methodologies for rating funds and writing reports. The two ratings have been linked and users of Morningstar tools can take advantage of the increased ratings coverage and expanded expertise the larger analyst team provides. The culmination of this process will come later this year (Q4) when Morningstar will launch a unified global fund rating and analyst report.
The new rating and report will replace the existing Morningstar qualitative rating andthe OBSR rating while combining a wealth of analysis and data in one report. These reports will be universal worldwide, allowing for wider coverage of funds and a consistent approach to fund analysis for investors.
The new rating scale will consist of 5 ratings: AAA, AA, A, Neutral, and Negative. AAA funds will be best of breed and will reflect the analysts’ highest level of conviction. A Neutral fund is one that is not likely to standout, either positively or negatively. And a Negative rated fund will be one that has at least one flaw that is likely to significantly hamper future performance. For a complete explanation of the new rating scale, please click here.
For more details and a sample of the global fund research report, please visit our press kit here.