Morningstar system

Morningstar system,

Definition of Morningstar system:

  1. US mutual fund rating scale ranging from one star (lowest) to five stars (highest). These ratings are awarded on the basis of the funds risk-adjusted performance over a 3, 5, and 10 year period by Morningstar, Inc., an independent rating agency.

Meaning of Morningstar system & Morningstar system Definition