PR Newswire
TORONTO, Sept. 5, 2017
TORONTO, Sept. 5, 2017 /PRNewswire/ -- Morningstar Research Inc., a Canadian subsidiary of Chicago-based independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today released preliminary August 2017 performance data for its 44 Morningstar Canada Fund Indices, which measure the aggregate returns of funds in various standard categories. Thirty-five of the 44 fund indices increased during the month, though only five indices increased by more than 2.0%, while eight of the nine fund indices with negative results were down by 1.0% or less.
Highlights from Morningstar's August 2017 preliminary performance report include:
To view the complete report about Morningstar's preliminary August 2017 performance data for Canadian funds, please visit https://goo.gl/R3QfJY.
Morningstar Canada's preliminary fund performance figures are based on change in funds' net asset values per share during the month, and do not necessarily include end-of-month income distributions. Final performance figures will be published on www.morningstar.ca next week.
About Morningstar Research Inc. and Morningstar, Inc.
Morningstar Research Inc. is a Canadian subsidiary of Chicago-based Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors, and institutional investors in the private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than US$200 billion in assets under advisement and management as of June 30, 2017. The company has operations in 27 countries.
©2017 Morningstar, Inc. All rights reserved.
MORN-R
Media Contact:
Christian Charest, +1 416-484-7817 or christian.charest@morningstar.com
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SOURCE Morningstar Research Inc.
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