Does Morningstar Shine in the Universe of Mutual Funds? A Study on Morningstar Mutual Fund Ratings

• المؤلف الرئيسي: NG, Wee Seng
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2009
• الموضوعات: mutual funds; performance persistence; portfolio performance; rating services; risk aversion; Portfolio and Security Analysis
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/etd_coll/10; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1009&context=etd_coll
• المؤسسة: Singapore Management University

Using data from Morningstar Principia CDs and employing standard methodologies, we examine the extent to which two mutual fund ratings: Morningstar star ratings and Morningstar stewardship grades can predict future fund performance. In particular, we investigate whether the combined predictive power...