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Article: Morningstar Announces New Commodity and Sector Fund Categories, One Broad Asset Class.
- Article from:
- PR Newswire
- Article date:
- July 6, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO, July 6 /PRNewswire-FirstCall/ -- Morningstar, Inc. , a leading provider of independent investment research, today announced it has added six new commodity categories, four new sector categories, and one broad commodity asset class to its proprietary classification system for mutual fund portfolios domiciled in the United States. These new categories and the asset class are available today.
The new commodity categories are:
-- Agriculture: These funds invest in grain and feed products, oilseeds,
cotton, dairy, livestock, poultry, and/or horticultural products.
Investment can be made directly in physical assets or commodity-linked
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