MORNINGSTAR SYSTEM
\mˈɔːnɪŋstˌɑː sˈɪstəm], \mˈɔːnɪŋstˌɑː sˈɪstəm], \m_ˈɔː_n_ɪ_ŋ_s_t_ˌɑː s_ˈɪ_s_t_ə_m]\
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Rating scale for US mutual funds. Uses a one star (lowest) to five stars (highest) range. Ratings based on a fund's risk-adjusted performance over a 3, 5, and 10 year period. Morningstar, Inc., an independent rating agency, awards these ratings.
By Henry Campbell Black
Word of the day
Procollagen Proline Dioxygenase
- mixed-function oxygenase that catalyzes hydroxylation prolyl-glycyl-containing-peptide, usually in protocollagen, hydroxyprolylglycyl-peptide. The enzyme utilizes molecular oxygen with a concomitant oxidative decarboxylation of 2-oxoglutarate to succinate. EC 1.14.11.2.