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

    CHICAGO, Oct. 30 /PRNewswire-FirstCall/ -- Individuals can now obtain
 their own "personal returns" for stock and fund investments on
 Morningstar.com, an investment Web site. Morningstar, Inc. (Nasdaq:   MORN),
 a leading provider of independent investment research, introduced this new
 information today within Portfolio Manager, a Morningstar.com 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.com.
 "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 Morningstar.com 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
 Morningstar.com. Users who do not currently track their personal portfolios
 on Morningstar.com 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.
     Safe Harbor Statement under the Private Securities Litigation Reform
 Act of 1995
     This press release contains forward-looking statements. These
 statements relate to future events or to future financial performance and
 involve known and unknown risks, uncertainties, and other factors that may
 cause our actual results, levels of activity, performance, or achievements
 to be materially different from any future results, levels of activity,
 performance, or achievements expressed or implied by these forward-looking
 statements. In some cases, you can identify forward-looking statements by
 the use of words such as "may," "could," "expect," "intend," "plan,"
 "seek," "anticipate," "believe," "estimate," "predict," "potential," or
 "continue" or the negative of these terms or other comparable terminology.
 You should not place undue reliance on forward-looking statements because
 they involve known and unknown risks, uncertainties and other factors that
 are, in some cases, beyond our control and that could materially affect
 actual results, levels of activity, performance, or achievements.
     Other factors that could materially affect actual results, levels of
 activity, performance, or achievements can be found in Morningstar's
 filings with the SEC, including Morningstar's Annual Report on Form 10-K
 for the year ended Dec. 31, 2005. If any of these risks or uncertainties
 materialize, or if our underlying assumptions prove to be incorrect, actual
 results may vary significantly from what we projected. Any forward-looking
 statement you read in this press release reflects our current views with
 respect to future events and is subject to these and other risks,
 uncertainties, and assumptions relating to our operations, results of
 operations, growth strategy, and liquidity. We assume no obligation to
 publicly update or revise these forward- looking statements for any reason,
 whether as a result of new information, future events, or otherwise.
     Media Contact:
     Nadine Youssef 312-696-6601 nadine.youssef@morningstar.com
     Alexa Auerbach 312-696-6481 alexa.auerbach@morningstar.com
 
 

SOURCE Morningstar, Inc.
RELATED LINKS
http://www.morningstar.net

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