SYDNEY, 7 September 2010 – Morningstar Australasia Pty Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that it has begun publishing qualitative analyst research on Australian-offered exchange-traded funds (ETFs).
"Australian investors now have nearly 40 exchange-traded funds to choose from," said Morningstar Co-Head of Fund Research Tim Murphy. "By providing comprehensive, independent analyst research, we can help investors and their advisers better evaluate the relative strengths and weaknesses of ETFs and how they should be used most effectively in portfolios. Additionally, the shift from commission to fee-for-service advice businesses in Australia will make ETFs a more attractive proposition for advisers to recommend to their clients."
| Attachment | Size |
|---|---|
| Morningstar_Press_Release_07_Sep_10.pdf | 60.09 KB |
