Research the foundation for successful fund investing Graham Rich, Managing Director & Publisher June 2000

what is successful fund investing? making the most of your wealth matching your goals and needs within your current circumstances, anticipated resources, and attitudes by using quality info to select quality funds to build quality portfolios

what is successful fund investing what is successful fund investing? maximising your wealth - historical returns

what is successful fund investing what is successful fund investing? maximising your wealth - historical returns

what is the pre-requisite?

about Morningstar … creating trusted and indispensable tools and information that make it easier for you to invest smarter.

about Morningstar our principles we keep one thing in mind - the investor you can’t be both a player and a ref it takes two to tango what you get is what you see

what is a quality fund? Morningstar Star Ratings … independent quality assurance ratings of managed funds and the companies that offer them...

what is a quality fund? does it matter? 4000 funds, choice important funds confusing and complex people want independent 3rd party endorsement of product choice … independent research matters ...

what is a quality fund? what type of independent research? five star scale ratings=opinion & fact transparent dynamic protection

what is a quality fund? Morningstar Ratings

‘best of the best’ example Morningstar Ratings: Ql x Qt = Q2 = HHHHH Ql Qt Q2 Star Rating Rating Rating Rating BT Future Goals Fd 8.24 8.67 71.44 HHHHH MLM Balanced Fd 8.47 9.00 76.23 HHHHH MLC Masterkey Bal Fd 8.45 8.75 73.94 HHHHH Colonial First State Div Fd 9.02 9.67 87.22 HHHHH AMP Balanced Growth Fd 8.05 9.75 78.49 HHHHH as at 30 April 2000

what is a quality fund? Morningstar Qualitative (Ql) Ratings

what is a quality fund? Morningstar Quantitative (Qt) Ratings

what is a quality fund? which is the best? it depends on you all five star funds, all “excellent” quality qualitatively ??? quantitatively

what is successful fund investing? making the most of your wealth matching your goals and needs within your current circumstances, anticipated resources, and attitudes by using quality info to select quality funds to build quality portfolios

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