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Morningstar, Inc., offers a broad range of investment information, research, and analysis online, in software products, and in print.
For example, the company rates open- and closed-end mutual funds and variable annuities, as well as other investment products, using a system of one to five stars, with five being the highest rating.
The Morningstar system is a risk-adjusted rating that brings performance, or return, and risk together into one evaluation.
In addition, Morningstar produces analytical reports on the funds and variable annuities it rates, as well as on stocks sold in US and international markets.