20% of funds face rerating as Morningstar alters rating methodology
The majority (85%) of funds affected will likely have their ratings relegated now that management fees are taken into account
The majority (85%) of funds affected will likely have their ratings relegated now that management fees are taken into account
Funds that converted to ESG strategies lowered their costs by 20 basis points on average
Cost disclosure regulation has been called “illegal and irrational” amid an “emergency situation” for investment companies