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 Some reflected ratings that were higher but out-of-date, while others contained misleading language.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.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...