Morningstar Market Barometer
The Morningstar Index family consists of 16 U.S. equity indexes that track the U.S. market by capitalization and investment style. They were built using a comprehensive and non-overlapping approach, based on the methodology of the Morningstar Style Box
™.
A Complete System
The Morningstar Index family is also designed as an integrated system, providing a framework that links what are generally considered to be separate practices—stock research, fund research, portfolio assembly, and market monitoring. For the first time, a universal index system can be used for all stages of the investment process.
Please click the chart above for further analysis and explanation.
|
©2004 Morningstar, Inc. All Rights Reserved.
©2004 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Morningstar is not responsible for any damages or losses arising from any use of this information and has not granted its consent to be considered or deemed an "expert" under the Securities Act of 1933. Past performance is no guarantee of future results.
Pure, Precise Style Definition
Presenting the Morningstar Indexes
The investment style of each security is determined by using a 10-factor methodology that separately measures both the value and growth characteristics of each security, on the basis of historical and forward-looking elements. Stocks for which neither value nor growth characteristics dominate are assigned to their own category. This treatment permits the creation of value and growth indexes that are both precise and “stylistically pure,” better reflecting the accepted definitions of these different metrics to security evaluation and selection.
|
