© 2009 Morningstar, Inc. All rights reserved. Morningstar Direct SM Single Source Research Solution Andrew Small- Regional Sales Director

2 Overview of Morningstar Direct

3 Breadth of Global Data

4 Investment Scorecard

5 Peer Analysis

6 Performance Attribution

7 Holdings and Returns Based Style Analysis

8 Document Library

9 Notes Manager

10 Fund Flow

11 Asset Allocation

12 Total Portfolio Attribution

13 Portfolio Analysis

14 Presentation Studio

15 Presentation Studio: Sample Output

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17 Morningstar Direct Capabilities for Asset Managers Product Management, Business Development, Reporting × Presentation Studio (Pitch books and factsheets with publishing option) × Asset Flows & Market Share × Peer Group Analysis × Holdings analytics: portfolio attribution and holdings-based style analysis × Sub Advisory/Fund of Fund/VA/Brokerage availability opportunities × Line-Up or Peer Group Reporting × Morningstar Publications Portfolio Management × Fundamental Company Database × Attribution × Real-time Data × Advanced Optimization Methodologies × Automated Custodian/Back Office File Imports × SEC Filings

18 Morningstar Direct Capabilities for Institutional Investors Manager Search and Due Diligence × Manager Data × Global Investment Databases (HF, SA, ETF…) × Investment Scorecard and Peer analysis × Performance Attribution × Holdings-and Returns Based Style Analysis × Analyst Commentaries: Investments and Markets × SEC Filings (Document Library) × Notes Manager Portfolio Management × Asset Allocation × Portfolio Construction: Holdings and returns based optimization × Total Portfolio Attribution × Portfolio Analysis × Automated Custodian/Back Office File Imports × Report Portal (distribution option for consultants)

19 For more information Visit: Phone: Brian West Sales Director – Consultants/Wealth Managers Tel: Andrew Small Sales Director – Asset Management Tel:

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