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Morningstar launches forward-looking fund ratings

Morningstar Inc. has launched the first of its forward-looking mutual fund ratings for 350 U.S. funds, which it contends will help investors evaluate the fund's future performance.

Morningstar Inc. launched the first of its forward-looking mutual fund ratings for 350 U.S. funds today, which it contends will help investors evaluate the fund's future performance.
The new five-tiered ratings scale has three positive levels — gold, silver and bronze, as well as a neutral an

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