Morningstar Introduces 'Personal Returns' on, Providing Investors with a True Picture of Their Total Investment Performance

Oct 30, 2006, 00:00 ET from Morningstar, Inc.

    CHICAGO, Oct. 30 /PRNewswire-FirstCall/ -- Individuals can now obtain
 their own "personal returns" for stock and fund investments on, an investment Web site. Morningstar, Inc. (Nasdaq:   MORN),
 a leading provider of independent investment research, introduced this new
 information today within Portfolio Manager, a tool used by
 individuals to track and analyze their investment holdings. Personal
 returns give investors a true picture of their investment performance by
 taking into account all transactions and fees on an aggregated portfolio.
     Earlier this month the company introduced the Morningstar(R) Investor
 Return(TM), which estimates the return earned collectively by all investors
 in an open-end mutual fund or an exchange-traded fund. Morningstar's new
 personal returns give investors their individual performance and allow them
 to measure that performance over custom time periods. Personal returns,
 also known as internal rate of return, accounts for an individual's
 purchases, sales, fees, and asset growth.
     "The real world of investing is complicated -- people have multiple
 investments, buy and sell at different times, reinvest dividends, and move
 money among holdings. This makes it difficult to figure out how your entire
 portfolio is performing," said David Silva, editor of
 "Morningstar's new personal returns allow investors to get a true picture
 of their investment performance, and see how their individual holdings and
 decisions affect the value of their portfolio. We believe this is the only
 free Web-based tool available to investors that allows them to generate
 their personal return on their total stock and fund holdings."
     Registered users of can access their personal returns
 at no charge in the newly created My Performance section of the site's
 Portfolio Manager tool. Portfolio Manager is under the Portfolio tab of Users who do not currently track their personal portfolios
 on will be prompted to enter their holdings.
     Other new features of Portfolio Manager include the addition of
 multiple benchmark indexes and customizable performance periods. Now
 registered users can compare their portfolio performance to any one of 19
 market benchmark indexes. They can also define the time period across which
 to measure their portfolio performance.
     About Morningstar, Inc.
     Morningstar, Inc. (Nasdaq:   MORN) is a leading provider of independent
 investment research in the United States and in major international
 markets. The company offers an extensive line of Internet, software, and
 print-based products and services for individuals, financial advisors, and
 institutions. Morningstar provides data on approximately 145,000 investment
 offerings, including stocks, mutual funds, and similar vehicles. The
 company has operations in 13 countries and minority ownership interests in
 companies in three other countries.
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SOURCE Morningstar, Inc.