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Friday, November 22, 2002 Morningstar Beefs Up Fund Tools Morningstar.com has taken the wraps off its Fund Diagnostics tool. The tool provides context to mutual fund data within the firm's Quicktake Reports. Users of Fund Diagnostics will be able to compare specific data points for a particular fund, such as sector exposure, expenses, management tenure and the Morningstar Rating, according to Morningstar. Morningstar is offering the new tool free for a limited time. After that time it will only be available to Premium members. "Many investors need help navigating their way through the huge volume of mutual-fund data. They might not understand what some data points mean and they might not know how to interpret others. Morningstar Fund Diagnostics explains the data," said Russ Kinnel, director of fund analysis for Morningstar. "We have highlighted several key data points and provided context for each one. This puts answers to important questions right where investors can use them. Our new Fund Diagnostics tool was designed to complement Morningstar's in-depth Analyst Reports, which are written by Morningstar experts and explain a fund's strategy in great detail." Printed from: MFWire.com/story.asp?s=4045 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |