Star Ratings: The Morningstar Rating is based on a fund’s performance against its ABI Sector, adjusting for risk and charges. The top 10% of each Sector receive five stars, the next 22.5% four stars, the middle 35% three stars, the next 22.5% two stars, and the bottom 10% one star.
Analyst Ratings: The Morningstar Analyst Rating applies to the underlying fund and not the insurance product. The Morningstar Analyst Rating is the qualitative expression of our forward-looking analysis of a fund. Learn more about Morningstar Ratings here.
Risk Ratings: Morningstar Risk helps you evaluate variations in a pension fund's monthly returns in comparison to its ABI Sector. The greater the variation, the larger the risk score. You can also use standard deviation to screen by fund volatility. For life funds, Morningstar Risk evaluates the life fund’s monthly returns in comparison to its ABI sector.
Use the return screens to find funds that have outperformed their sector/category average or a specific return threshold.