See: Morningstar Inc.
The Morningstar sustainability rating tells us how well certain mutual funds are handling their ESG challenges (that’s environmental, social, and governance), and like the remix to “Ignition,” this rating system is fresh out the kitchen—it’s only existed since August of 2016. It tries to help investors find “sustainable” investment opportunities, i.e., mutual funds or ETFs that align with their environmental, social, and governance-related values.
Want to invest in companies that actively promote women and minorities? Interested in funds that support environmental initiatives? Then the Morningstar sustainability rating system might just help us find what we’re looking for.
Picture a five-star rating system, but instead of stars, let’s be original and use globes. Three globes equals average, so if a mutual fund receives a three-globe rating, that means it’s performing right in line with the rest of the mutual fund pack. As we might expect, a five-globe rating means a fund is awesome, while a one-globe rating means it’s...the opposite of awesome.
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Finance: What is Fitch Investors Service...6 Views
Finance a la shmoop what is Fitch investors service? Google, Facebook, Amazon
the big three not least they are this week well for a much longer time Fitch
has been the third leg on the you know stool Moody's supports this leg standard [Fitch, Moody's and S&P shown on a stool]
and poors supports this leg and the big fat guy who sits right here yeah that's
you, you the big fat walletd bond investor who relies on the scores of
rating services in part like these to figure out how much risk premium you
should attach to the bonds you're buying or rather the interest rate rent you
should be charging the issuers for the privilege of renting your money
well distinctively for Fitch's rating service well it's owned mostly by Hurst
yes William Randolph flavored that Hurst you know rosebud [Man whispers rosebud]
yeah well that's William Randolph yeah first big swing and media mogul no other
kind of mogul you know if we lose a million dollars a year we'll have to
shut our doors you know a hundred years yeah that one all right well Fitch's is
a hundred-year-old global firm with feet in london and new york and well pretty
much everywhere people rent money in the form of bonds and after all that time [Fitch's locations appear across the map]
you'd think they could have come up with something a bit more creative than their
bond rating system right here this thing yeah
looks eerily similar to those of Moody's and Standard & Poor's hmm and well had
shmoop owned a bond rating service well we'd have had ratings like this [Shmoop ratings service appears]
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