Self-grading of the Morningstar Fund Rating System
November 30, 2016 - Investing Expertise, Mutual/Hedge Funds
How well does the Morningstar fund rating system (one star to five stars) work? In their November 2016 paper entitled “The Morningstar Rating for Funds: Analyzing the Performance of the Star Rating Globally”, suggested for review by a subscriber, Jeffrey Ptak, Lee Davidson, Christopher Douglas and Alex Zhao analyze the global performance of star ratings in terms of ability to predict… Keep Reading