The Morningstar’s five-star rating system was never meant to be a performance indicator.
On today’s show, Mark Pearson and guest, Chuck Etzweiler, are challenging finance professionals’ and investors’ overreliance on the Morningstar’s rating system. Mark and Chuck explain what the rating system was designed to do, how mutual funds and ETFs earn stars, and the power of knowing what you own and why you own it.
Tune into this eye-opening episode. Stop relying on a flawed rating system and learn how to invest with clarity.