|Weekly News Digest
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Morningstar.com Library Edition Enhanced
Morningstar, Inc., a provider of independent investment research, has added several new features and improved others on Morningstar.com Library Edition, an online database created exclusively for libraries and their users. It now offers increased stock coverage, industry returns, improved help and education, and a new exchange-traded fund (ETF) screener. Morningstar.com Library Edition is based on Morningstar’s investment Web site, Morningstar.com, and offers proprietary stock and mutual fund analysis and financial data, screening tools, and portfolio-building features to public, corporate, and academic libraries.
Recent enhancements to Morningstar.com Library Edition include the following:
- Reports and Returns. This area includes both new and upgraded features. Investors are now able to view several types of industry returns over a variety of time periods, for both indexes and mutual funds. Returns are updated daily.
- Stock, Mutual Fund, and Exchange-Traded Fund Coverage. Investors now have access to analyst reports for nearly 2,000 stocks (a coverage increase of more than 200 additional stocks since January 2006), 2,000 mutual funds, and more than 150 ETFs.
- Stock and Mutual Fund Recommendations. Now investors can easily determine which stocks, mutual funds, and ETFs Morningstar’s analysts recommend. In the Screeners area on the home page, there are now links that take investors directly to Morningstar’s highest-rated stocks and fund analyst picks.
- ETF Screener. This new tool narrows the field of more than 500 ETFs to find those that meet specific criteria. Investors can screen ETFs by fund group, Morningstar category, expense ratio, fund family, and performance history and sort results five different ways.
- Help & Education. This area has been completely revamped. Help & Education now includes Investing Centers with in-depth guides. This section also includes a comprehensive new User’s Guide as well as a one-page Quick Guide that investors can print out for easy reference.
The Library Edition includes optional remote access that gives patrons 24/7 access to current stock and fund information. Features for librarians include complimentary training, a monthly enewsletter, and online usage tracking that shows how patrons use the site. For a free 30-day trial of Morningstar.com Library Edition, visit http://library.morningstar.com/mkt/MLRENE501.html.Source: Morningstar, Inc.
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