In the Margins

WSJ: Funds misrepresenting Morningstar ratings

November 20, 2017

By The Wall Street Journal

Asset managers are sometimes misrepresenting ratings from Morningstar Inc. in advertisements aimed at investors, a Wall Street Journal review has found. The review of more than three dozen mutual fund and exchange-traded fund advertisements found at least eight ads were inaccurate. Some reflected ratings that were higher but out-of-date, while others contained misleading language. Read the original story from The Wall Street Journal.