Morningstar, Inc., the mutual fund investment research firm, today announced that it will create custom investment fund profile pages for Hewitt Associates’ defined contribution outsourcing clients.
Morningstar will create online investment reports for more than 1,000 funds, including privately managed separate accounts, commingled funds, equity and fixed-income mutual funds, company stock funds, GIC/stable value funds, and money market funds. The reports will include volatility measurements, Morningstar Ratings, top-10 holdings, and portfolio characteristics and will be available to millions of defined contribution plan participants through Hewitt’s Your Benefits ResourceTM Web site beginning this summer.
Liz Kirscher, president of Morningstar’s data services, said, “We’re pleased to be working with Hewitt and look forward to helping its clients communicate information about the investment options available in their plans. With exclusive tools such as the Morningstar Rating, Morningstar Style Box, and Morningstar Category Rating, these reports will help participants reach informed decisions by making it easy to compare, track, and research their defined contribution investment options.”