Definition 1.
Founded in 1984, Morningstar is the premier provider of unbiased information about mutual funds, including fund comparisons, risk assessments and other analyses. Morningstar''s analysts are quoted widely in the popular press, and Morningstar''s star system for rating funds is closely watched by investors, the fund industry and the media. Based in Chicago, Morningstar is rigorously independent in its determination to give mutual fund investors the kind of information and analysis they need to make informed decisions.
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