Financial Literacy

What is a 'Fund'?

Funds are suitable for investors who do not have the time or expertise to construct and monitor a portfolio themselves. We go back to basics and explain

    Investing basics

    • The Morningstar Dictionary

      A glossary of useful terms to help you understand your investments

    • The Road to Retirement

      And maps to get you there for each stage of the investment journey

    • How to invest according to your age

      No matter where you are in life, we've got you covered

    • The Morningstar Quantitative Rating for funds

      The Morningstar Quantitative Rating for funds is powered by a machine-learning model that leverages the same decision-making processes and data our analyst staff uses to create their ratings. See this data in action on the Analyst tab of the Fund report pages.

    • The Morningstar Fair Value estimate

      The Morningstar Fair Value Estimate tells investors what the long-term intrinsic value of a stock is, helping them see beyond the present market price.

    • The Morningstar Economic Moat rating

      The Morningstar Economic Moat Rating represents a company's sustainable competitive advantage. A company with an economic moat can fend off competition and earn high returns on capital for many years to come.

    • The Morningstar Rating for stocks

      The Morningstar Rating for stocks can help investors uncover stocks that are truly undervalued, cutting through the market noise.

    • Investing for the First Time

      The Morningstar Rating for funds

      The Morningstar Rating for Funds, often called the Star Rating, is a data-driven rating that measures how well a fund has performed compared to similar funds.

    • The Morningstar Sustainability Rating for funds

      More than 34,000 funds currently have a Morningstar Sustainability Rating globally and that number is growing. This new rating was developed in cooperation with data supplier Sustainalytics.

    • Morningstar Money MythBuster

      Mr. Morningstar Money Man will knock down the obstacles in the way of your investment success!