Morningstar held its annual shareholders' meeting, which included business updates, management presentations, and a Q&A session. The presentations contained forward-looking statements and non-GAAP financial measures, which are defined in the document. Joe Mansueto, Chairman and CEO, discussed Morningstar's mission to produce effective investment data, research, and ratings to help advisors and investors. He highlighted revenue growth in key areas like Workplace Solutions/Retirement, Morningstar Direct, Indexes, Credit Ratings, and Managed Portfolios. Kunal Kapoor then reviewed the five key investment areas and provided data on assets, users, and capabilities within Workplace Solutions/Retirement and Morningstar Direct. Challenges discussed
Every day I hear from people that the stock market is a bad investment because of the volatile nature. Yes the stock market is volatile but over the long term we can see the true nature of investing in stocks and bonds.
This presentation will take you through Emperor Asset Management's investment philosophy and track record. It also touches on wealth management with a short explanation of how to calculate your wealth index.
Every day I hear from people that the stock market is a bad investment because of the volatile nature. Yes the stock market is volatile but over the long term we can see the true nature of investing in stocks and bonds.
This presentation will take you through Emperor Asset Management's investment philosophy and track record. It also touches on wealth management with a short explanation of how to calculate your wealth index.
Strategy&’s 15th annual study of CEOs, Governance, and Success highlights the value lost by poor CEO succession planning and what companies can gain by better planning.
The following information is for TRAINING purposes ONLY.
The following information DOES NOT
Illustrate the actual performance that may be experienced by an individual investor.
The actual investment performance of any individual investment account
will be higher or lower than this illustration.
Your personal investment risk tolerance and all aspects of any investment, to include fees, should be carefully considered before making any actual investment.
The past performance of any investment is NO guarantee of future performance.
The Following Presentation is for training purposes ONLY and is not to be used with the General Public.
Use ONLY Client APPROVES Presentations With the General Public
Japan- world’s 3rd largest economy
The US Economy is going through many similar events
The Nikkei 225 Index Japan’s Stock Market
is Still down 72%... 20 years later
What Happens in a 20 year “BEAR” market?
Imagine if you still had every penny of gains you’d received on your investments!
Company Stock Analysis And Equity Research Report PowerPoint Presentation SlidesSlideTeam
A document prepared by research analyst that focuses on the performance of a particular stock or any sector or Country. An equity research report helps the investor to take an informed decision while making any particular investment. This presentation is helpful for equity research analyst and investment bankers with an objective to analyze the target companys financial performance, ratios and their financial model and help the investor take a buy or sell decision. In the beginning this presentation provides an overview of the equity research report and the analyst overview for the same. The analyst highlights provide an overview of the analyst opinion and a brief summary of the report. After understanding the summary of the report, and overview of the industry Is provided that studies the competitive environment and the key Industry trends. Once the industry scenario is understood, key highlights of the target company are identified. These highlight include the overview of the company, the income statement, balance sheet, vertical and horizontal analysis, shareholding pattern of the organization, its SWOT analysis and historical share price performance. After getting the general highlight of the organization, the financial ratios are then studied. These ratios can be liquidity ratio, asset management ratio, leverage ratio, profitability and valuation ratio. After understanding the key ratios of the organization, valuation analysis is done. Multiple valuation methods such as discounted cash flow, Relative value approach, and precedents analysis is done After analyzing the organization key risk factors are analyzed and ratings are provided to the same. In the end an overview of our organization is provided that includes the about the origination, the equity team structure and equity team members. To end the equity research report final review and rating are provided that gives an overall analyst rating. https://bit.ly/3jn6Zkp
GRIN - Grown Rogue - M Partners Morning Note ReviewMomentumPR
Grown Rogue International is a vertically integrated, multistate cannabis company curating innovative products to provide consumers with the right cannabis experience. Each of Grown Rogue's products and strains is categorized and marketed based on unique effects and designed for the full range of a consumers' lifestyle. Grown Rogue is scaling the vertically integrated model into multiple states by incorporating best-in-class manufacturing facilities and a proprietary distribution platform based on Microsoft technology. Grown Rogue's diverse cannabis product suite includes premium flower, patent-pending nitrogen sealed pre-rolls, oil and concentrates, and edibles featuring a partnership with world-renowned chocolatier Jeff Shepherd.
We are a Health & Wellness Holding Company (HWHC) vertically integrating health and wellness Companies & Products from farm to market. Focused on Nutraceutical products at the core, we integrate growing of known crop varieties rich in extractable proteins, lipids, and fibers. We process them into various isolated and refined products which are blended and mixed into 100's of nutraceutical brands. All are sold and marketed through multiple channels globally.”
From Good to Great: How to Ace Your Marketplace FundraiseBattery Ventures
At the Marketplace Conference Online December 2020, Battery Ventures' Justin Da Rosa teamed up with Speedinvest's Philip Specht on the core marketplace metrics investors evaluate during the fundraising process from seed to growth.
Strategy&’s 15th annual study of CEOs, Governance, and Success highlights the value lost by poor CEO succession planning and what companies can gain by better planning.
The following information is for TRAINING purposes ONLY.
The following information DOES NOT
Illustrate the actual performance that may be experienced by an individual investor.
The actual investment performance of any individual investment account
will be higher or lower than this illustration.
Your personal investment risk tolerance and all aspects of any investment, to include fees, should be carefully considered before making any actual investment.
The past performance of any investment is NO guarantee of future performance.
The Following Presentation is for training purposes ONLY and is not to be used with the General Public.
Use ONLY Client APPROVES Presentations With the General Public
Japan- world’s 3rd largest economy
The US Economy is going through many similar events
The Nikkei 225 Index Japan’s Stock Market
is Still down 72%... 20 years later
What Happens in a 20 year “BEAR” market?
Imagine if you still had every penny of gains you’d received on your investments!
Company Stock Analysis And Equity Research Report PowerPoint Presentation SlidesSlideTeam
A document prepared by research analyst that focuses on the performance of a particular stock or any sector or Country. An equity research report helps the investor to take an informed decision while making any particular investment. This presentation is helpful for equity research analyst and investment bankers with an objective to analyze the target companys financial performance, ratios and their financial model and help the investor take a buy or sell decision. In the beginning this presentation provides an overview of the equity research report and the analyst overview for the same. The analyst highlights provide an overview of the analyst opinion and a brief summary of the report. After understanding the summary of the report, and overview of the industry Is provided that studies the competitive environment and the key Industry trends. Once the industry scenario is understood, key highlights of the target company are identified. These highlight include the overview of the company, the income statement, balance sheet, vertical and horizontal analysis, shareholding pattern of the organization, its SWOT analysis and historical share price performance. After getting the general highlight of the organization, the financial ratios are then studied. These ratios can be liquidity ratio, asset management ratio, leverage ratio, profitability and valuation ratio. After understanding the key ratios of the organization, valuation analysis is done. Multiple valuation methods such as discounted cash flow, Relative value approach, and precedents analysis is done After analyzing the organization key risk factors are analyzed and ratings are provided to the same. In the end an overview of our organization is provided that includes the about the origination, the equity team structure and equity team members. To end the equity research report final review and rating are provided that gives an overall analyst rating. https://bit.ly/3jn6Zkp
GRIN - Grown Rogue - M Partners Morning Note ReviewMomentumPR
Grown Rogue International is a vertically integrated, multistate cannabis company curating innovative products to provide consumers with the right cannabis experience. Each of Grown Rogue's products and strains is categorized and marketed based on unique effects and designed for the full range of a consumers' lifestyle. Grown Rogue is scaling the vertically integrated model into multiple states by incorporating best-in-class manufacturing facilities and a proprietary distribution platform based on Microsoft technology. Grown Rogue's diverse cannabis product suite includes premium flower, patent-pending nitrogen sealed pre-rolls, oil and concentrates, and edibles featuring a partnership with world-renowned chocolatier Jeff Shepherd.
We are a Health & Wellness Holding Company (HWHC) vertically integrating health and wellness Companies & Products from farm to market. Focused on Nutraceutical products at the core, we integrate growing of known crop varieties rich in extractable proteins, lipids, and fibers. We process them into various isolated and refined products which are blended and mixed into 100's of nutraceutical brands. All are sold and marketed through multiple channels globally.”
From Good to Great: How to Ace Your Marketplace FundraiseBattery Ventures
At the Marketplace Conference Online December 2020, Battery Ventures' Justin Da Rosa teamed up with Speedinvest's Philip Specht on the core marketplace metrics investors evaluate during the fundraising process from seed to growth.
It is all about wifi aware technology,which new emerging internet technology.These slides provides a brief information regarding wifi ware and its applications.
Keep your audience glued to their seats with professionally designed PPT slides. This deck comprises of total of sixty six slides. It has PPT templates with creative visuals and well researched content. Not just this, our PowerPoint professionals have crafted this deck with appropriate diagrams, layouts, icons, graphs, charts and more. This content ready presentation deck is fully editable. Just click the DOWNLOAD button below. Change the colour, text and font size. You can also modify the content as per your need. Get access to this well crafted complete deck presentation and leave your audience stunned. http://bit.ly/384Nzef
If you are raising funds for your business, having an impressive investment pitch deck is a key component in your fundraising toolkit. Considering this, we have come up with content-ready investment crowdfunding PowerPoint presentation slides. Using crowdsourcing management presentation illustrations will ensure your strong business presence in a global market. These crowd equity PPT graphics are so versatile that it can be used in related topics such as angel investor, budget crowdaction, fund statistics and facts, equity crowdfunding, business investment proposal, venture capital pitch ,crowdcube, startup pitch deck and crowdsourcing model. Our entrepreneurial ventures PPT templates help you outpace the usual fundraising model in the business world. These equity ownership PowerPoint presentation templates are designed by including all the necessary slides such as accenture strategy, capital projection, entrepreneur strategic plan, business timeline and market segmentation. We have added tactical features to this investment crowdfunding PPT graphics that are significant. So without wasting more time, download it today!. Break the impasse with our Investment Crowdfunding PowerPoint Presentation Slides. Get across any barriers installed.
Business Pitch PowerPoint Presentation SlidesSlideTeam
If you are new to the corporate world and looking to start your own business, our content-ready business pitch PowerPoint presentation slides will help you. These customizable elevator pitch PPT templates let potential investors engage in a conversation about your business. Also, our equity crowdfunding presentation templates would be helpful in raising funds by diluting your company’s equity. Broadly, these investor business proposal pitch PowerPoint illustrations cover growth strategy, financial projections, balance sheet, customer retention, organizational structure, competitive landscape, trade pitch, revenue model, technology trend, use of funds and exit strategy of the investors. Our go to market strategy Presentation visuals will get you on the right track. These business pitch PPT slides are built for multipurpose usage as they can be incorporated in similar topics like venture capital, elevator speech, advertising sales pitch, business angel funding, financial projection, elevator grade, startup pitch, business proposal, trade plan grade process and private equity. Download it today and capture the attention of an investor!. You tend to think larger than life. Our Business Pitch PowerPoint Presentation Slides provide the framework to accommodate your thoughts.
Business Pitch Powerpoint Presentation SlidesSlideTeam
If you are new to the corporate world and looking to start your own business, our content-ready business pitch PowerPoint presentation slides will help you. These customizable elevator pitch PPT templates let potential investors engage in a conversation about your business. Also, our equity crowdfunding presentation templates would be helpful in raising funds by diluting your company’s equity. Broadly, these investor business proposal pitch PowerPoint illustrations cover growth strategy, financial projections, balance sheet, customer retention, organizational structure, competitive landscape, trade pitch, revenue model, technology trend, use of funds and exit strategy of the investors. Our go to market strategy Presentation visuals will get you on the right track. These business pitch PPT slides are built for multipurpose usage as they can be incorporated in similar topics like venture capital, elevator speech, advertising sales pitch, business angel funding, financial projection, elevator grade, startup pitch, business proposal, trade plan grade process and private equity. Download it today and capture the attention of an investor!. You tend to think larger than life. Our Business Pitch Powerpoint Presentation Slides provide the framework to accommodate your thoughts. https://bit.ly/3hH54XS
Quarterly Business Review PowerPoint Presentation SlidesSlideTeam
Here is a content ready Quarterly Business Review PowerPoint presentation having 79 slides to help you with your business review PPT. To save you time and the trouble of making an important presentation from scratch, here we have come up with readymade presentation related to your topic. In this quarterly business review PPT example, we have included a quarterly highlight, financial summary, key developments, balance sheet, cash flow statement, key financial ratios, funding updates, top customers & vendors, top debtors & creditors, project updates, competitor analysis, etc. You can also use this complete business review PowerPoint sample slide with related topics 30-60-90-day plan, product roadmap, Phases of Implementation, Major Roadblocks or Obstacles, SWOT analysis, CSR, customer services benchmarking, org chart, goals and success matrix, scorecard and many more. This is the most suitable QBR PPT designs for middle and top-level management. This professionally pre-designed quarterly business review presentation graphics are available to download. Our Quarterly Business Review Presentation Slides are truly out of this world. Just click download button and be a hero among your peers. Enable folks to infer the correct facts with our Quarterly Business Review PowerPoint Presentation Slides. It helps elaborate on the circumstances.
If you are planning for a startup and looking for business ideas, our private equity investment PowerPoint presentation slide is just what you need. These equity-based crowdfunding PPT templates will definitely fill the gap between the investors and your company. Our innovative approach crowd cube strategy presentation illustration helps you raising funds from multiple individual donors. These finance crowdfunding strategy PPT templates include all the relevant slides such as growth platforms, income statements, disambiguation, financial benefits, key customer relationship, competitive landscape, revenue stream, organizational structures and strategic planning. Our entrepreneurial ventures PowerPoint visuals are designed by a team of experts. If you want to deliver a presentation on related topics such as crowd-investing, P2P lending, , threshold pledge system, crowd cube equity, budget crowdsourcing, crowd financing, royalty-based financing, equity ownership, crowdsourcing management and investment funds, our private equity investment presentation templates will come into use. Download it today and get the investor’s attention. Have help at hand with our Private Equity Investment Deck Powerpoint Presentation Slides. They are available round the clock. https://bit.ly/2TJVQ5q
Examine the components of investment management with our content ready Portfolio Analysis PowerPoint Presentation Slides. The topic-specific investment strategies PowerPoint complete deck has various content ready PPT slides such as introduction to investments, objectives of portfolio management, types of investment, market scenario overview investment instruments, securities portfolio, analysis and valuation of equity securities, industry analysis PESTEL, SWOT analysis, discounted cash flow method, financial statement analysis, company cash flow statement, investment in special situations, fixed income and leveraged securities, bond valuation system, reinvestment risk table, type of convertible securities, options analysis, warrants summarization overview, derivative products, put and call options, stock index futures and options, stock indexes comparison table, broaden the investment perspective, international security market highlights, global market trends, mutual funds investment criteria overview, investment in real estate, diversified real estate classification, KPIs and dashboards, etc. Download this visually appealing easy to use financial management PPT slide to showcase factors of investing. Bedeck your ideas with our Portfolio Analysis PowerPoint Presentation Slides. Your audience will get glued onto them.
If you are planning for a startup and looking for business ideas, our private equity investment PowerPoint presentation slide is just what you need. These equity-based crowdfunding PPT templates will definitely fill the gap between the investors and your company. Our innovative approach crowdcube strategy presentation illustration helps you raising funds from multiple individual donors. These finance crowdfunding strategy PPT templates include all the relevant slides such as growth platforms, income statements, disambiguation, financial benefits, key customer relationship, competitive landscape, revenue stream, organizational structures and strategic planning. Our entrepreneurial ventures PowerPoint visuals are designed by a team of experts. If you want to deliver a presentation on related topics such as crowd-investing, P2P lending, , threshold pledge system, crowdcube equity, budget crowdsourcing, crowd financing, royalty-based financing, equity ownership, crowdsourcing management and investment funds, our private equity investment presentation templates will come into use. Download it today and get the investor’s attention. Have help at hand with our Private Equity Investment Deck PowerPoint Presentation Slides. They are available round the clock.
Mergers And Acquisitions Framework Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
If you are about to execute an M&A, our Mergers And Acquisitions Framework PowerPoint Presentation Slides can help you to focus on the right things. M&A involves buying selling and combing companies. Business valuation comprehensive PowerPoint deck helps you to present each and every aspect in detail as it contains set of professionally designed template such as key steps, company overview, business, and financial overview, determining new growth market, types of inorganic opportunities, M&A criteria, identify targets, balance sheet KPIs, cash flow statement, financial projections, key financial ratios, liquidity and profitability ratios, activity and solvency ratios, M&A synergy framework, company valuation methodologies, valuation results, business due diligence process, post-merger integration framework, challenges and performance tracker etc. The mergers and acquisitions are crucial as organizations moving towards an expansion. Download incredible M&A strategy PPT slide to save time in delivering an exceptional business presentation. Let nothing disturb your concentration. Our Mergers And Acquisitions Framework Powerpoint Presentation Slides will keep you focused. https://bit.ly/3kIHDjc
Mergers and Acquisitions Framework PowerPoint Presentation Slides SlideTeam
If you are about to execute an M&A, our Mergers And Acquisitions Framework PowerPoint Presentation Slides can help you to focus on the right things. M&A involves buying selling and combing companies. Business valuation comprehensive PowerPoint deck helps you to present each and every aspect in detail as it contains set of professionally designed template such as key steps, company overview, business, and financial overview, determining new growth market, types of inorganic opportunities, M&A criteria, identify targets, balance sheet KPIs, cash flow statement, financial projections, key financial ratios, liquidity and profitability ratios, activity and solvency ratios, M&A synergy framework, company valuation methodologies, valuation results, business due diligence process, post-merger integration framework, challenges and performance tracker etc. The mergers and acquisitions are crucial as organizations moving towards an expansion. Download incredible M&A strategy PPT slide to save time in delivering an exceptional business presentation. Let nothing disturb your concentration. Our Mergers And Acquisitions Framework PowerPoint Presentation Slides will keep you focused.
Finding your way through the Venture Capital gauntletDigital Ignition
Learn about about Finding Your Way Through the Venture Capital Gauntlet with Steve Schilling, President of Convergent. In this one hour session Steve explores: The various types and sources of capital, how to determine when (and if) to raise capital, how to prepare, how the Venture Capitalist’s world works, the ins and outs of valuation and the importance of managing your Cap Table.
Monthly Business Review PowerPoint Presentation SlidesSlideTeam
Presenting this set of slides with name - Monthly Business Review PowerPoint Presentation Slides. The deck consists of Monthly Business Review,Monthly Business Report,Monthly Company Review and much more. Download today to present a hassle free review.
Mergers and Acquisitions Management PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - Mergers And Acquisitions Management PowerPoint Presentation Slides. This is a one stage process. The stages in this process are Merger And Acquisition Framework, Mergers And Acquisitions Management, Merger And Acquisition Model.
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Mark...Mercer Capital
Mercer Capital's Portfolio Valuation: Private Equity and Venture Capital Marks and Trends Newsletter provides a brief digest and commentary of some of the most relevant market trends influencing the fair value regarding private equity portfolio investments.
Mergers And Acquisitions Management Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
Presenting this set of slides with name - Mergers And Acquisitions Management Powerpoint Presentation Slides. This is a one stage process. The stages in this process are Merger And Acquisition Framework, Mergers And Acquisitions Management, Merger And Acquisition Model. https://bit.ly/3xDV4pY
Venture Capital PowerPoint Presentation SlidesSlideTeam
Presenting this set of slides with name - Venture Capital PowerPoint Presentation Slides. This is a one stage process. The stages in this process are Investment, Venture Capital, Funding, Private Equity.
Planning a Start-up? Our private equity investment PowerPoint presentation slide is just what you need. These equity-based crowdfunding PPT templates will fill the gap between the investors and your company. Download from here: https://www.slideteam.net/private-equity-investment-deck-powerpoint-presentation-slides.html
2. Business of Annual Meeting
Management Presentations
Break
Questions and Answers
3. To send in a question for the Q&A session, please visit:
http://morningstar.socialqa.com
4. Today’s presentations contain forward-looking statements. All statements made
that are not historical facts are subject to a number of risks and uncertainties,
and actual results may differ materially. Please refer to our most recent earnings
release and our most recent Form 10-Q or 10-K for more information on the
factors that could cause actual results to differ.
Today’s presentations also contain non-GAAP financial measures. Please refer
to the slides at the end of the presentations for a reconciliation to the applicable
GAAP measures.
10. Strategy: Two Big Market Needs
Morningstar Capabilities
Proprietary Research + Frameworks
Trusted Brand
Outsourced
Investment Management+Decision Support
11. Strategy: Two Big Market Needs
Outsourced
Investment ManagementDecision Support +
$27 bil $4.1 tril AUM (approx.)
Morningstar Data
Morningstar Advisor Workstation
Morningstar Direct
Morningstar.com
Enterprise Components
Morningstar Research
Morningstar Credit Ratings
Morningstar Office
Morningstar Indexes
Workplace Solutions / Retirement
Morningstar Investment Management
(includes Morningstar Managed Portfolios
and institutional asset management)
Morningstar Indexes
12. Strategy: Two Big Market Needs
Outsourced
Investment ManagementDecision Support
14. Accomplishments: Revenue Growth in Five Key Investment Areas
Workplace Solutions/
Retirement
1
Morningstar Direct
(including Total Advisor Workflow)
2
Morningstar Indexes
5
Morningstar Credit Ratings
4
Morningstar Managed Portfolios
3
15. Accomplishments: Revenue Growth in Five Key Investment Areas
* Combined revenue growth for Workplace Solutions/Retirement, Morningstar Direct, Morningstar Managed Portfolios, Morningstar Credit Ratings,
and Morningstar Indexes in 2015
16. Your PortfolioToday Our Picks
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0 +1.25%−1.25%
M O R N I N G S T A R M E D A L I S T S
Why Wide-Moat Stocks Can
Carry High Uncertainty
Impregnable competitive advantages don't necessarily
guarantee predictable cash flows.
Related
∙ How to Use Morningstar Ratings to Find Quality Stocks
∙ Special Report: Why Moats Matter
E R R O R - P R O O F P O R T F O L I O
A To-Do List for Volatile Markets
Tackle these four constructive tasks to improve your portfolio
and financial plan.
Related
∙ Maybe You Should Sell Some Stocks
∙ Morningstar's Guide to 2016's Market Volatility
B O B J O H N S O N
Unmistakable Signs of Strength in
January Jobs Report
More important than the headline number were the falling
unemployment rate, much higher-than-expected wage growth,
and even upward movement in the number of hours worked.
C O N S U M E R D E F E N S I V E
Coke Still Has Room to Boost Profitability,
But Shares Fairly Valued
Cost-savings programs, improved pricing, and bottling
divestitures should drive near- and long-term margin expansion
at wide-moat Coke.
S T O C K I N V E S T I N G
Ultimate Stock-Pickers: Top Managers’
High-Conviction Picks
Before the market turmoil of 2016, buying activity remained
low, but these top managers did put some money to work in
firms with defensible economic moats.
Large
Meduim
Small
Value Blend Growth
How to Use Morningstar Ratings to Find Quality Stocks
Special Report: Why Moats Matter
Coke Still Has Room to Boost Profitability
Global Barometer
3M 1Y 3Y1M1D 1W
0 +1.25%−1.25%
3M 1Y 3Y1M1D 1W
U.S. Barometer
Dow Futures Sink 275 Points as Global Rout Gains Pace
MarketWatch 22m ago
PepsiCo's Revenue in North America Climbs, Helped by …
AP
Fox Pares Outlook on Currency, Film Slate
Dow Jones
Viacom Reports Soft Q1 Profit, Revenue While Adapting …
MarketWatch 1h 5m ago
Market News
Crude Remains Under $30, Getting Only Slight Relief …
MarketWatch
Coca-Cola Profit Rises More Than Expected
Dow Jones
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DJIA
$17,173.35 | 322.49 | 1.84%
S&P 500
$2,011.90|-29.99 |-1.47%
DJIA
$17,173.35 | 322.49 | 1.84%
NASDAQ
$4,933.30|-69.25|-1.38%
Crude Oil
$5,034.61|72.65|1.42%
US 10-Year
$5,034.61|72.65|1.42%
S N A P S H O T N O R T H A M E R I C A
A Bond Fund for the
Responsible Investor's
Radar
4:03
Morningstar Videos
GM: Great Quarter,
Undervalued Sharegs
Marks: Investing
Inspiration From the World
of Sports
Why These Investors
Overhauled Their
Portfolios
A Bond Fund for the
Responsible Investor's
Radar
GM: Great Quarter, Undervalued Shares
4:03
4:034:034:03Playing
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Accomplishments: Next-Generation Software Platforms
17. Accomplishments: Advisor Workflow Capabilities
Financial
Wellness
Data
Aggregation
Client Profiling,
Planning
and Proposal
Generation
Research
and Investment
Management
Monitoring,
Alerting and
Compliance
Rebalancing
and Trading
Portfolio
accounting and
Performance
Reporting
HelloWallet
ByAllAccounts
Wealth View
Redtail
Junxure
MoneyGuide Pro
eMoney
Riskalyze
Envestnet FolioDynamix
Adhesion
Hidden Levers
Custodial Platforms
Vestmark
Total Rebalance
Expert
18. Accomplishments: Advisor Workflow Capabilities
Financial
Wellness
Data
Aggregation
Client Profiling,
Planning
and Proposal
Generation
Research
and Investment
Management
Monitoring,
Alerting and
Compliance
Rebalancing
and Trading
Portfolio
accounting and
Performance
Reporting
HelloWallet
ByAllAccounts
Wealth View
Redtail
Junxure
MoneyGuide Pro
eMoney
Riskalyze
Envestnet FolioDynamix
Adhesion
Hidden Levers
Total Rebalance
Expert
Custodial Platforms
Vestmark
24. Investing in the Core: New Sustainability Rating
Social GovernanceEnvironmental
25. Investing in the Core: New Sustainability Rating
10%
22.5%
35%
High Above Average LowAverage Below Average
22.5%
10%
26. Investing in the Core: New Sustainability Rating
Global Sustainable Investment Assets ($bil)
$13,608
+55%
$945
+60%
$6,572
+76%
$53
+32%
$180
+34%
27. Investing in the Core: Data APIs
Well-done platform APIs are the key to everything.”
Eric Schmidt, Google Chairman
“
28. Department of Labor Fiduciary Rule Markets in Financial Instruments Directive II
Investing in the Core: Responding to Regulatory Change
29. Investing in the Core: Data and Research Expansion
Equity Data Coverage: 42,520
Date as of 12/31/15
United States
7,815
Canada
3,173 UK/Ireland
2,066
Europe
5,973
Japan
3,582
China
2,817
SE Asia
8,546
Latin America
907
India/
Middle East
5,042
Australia/New Zealand
1,997Africa
602
30. Investing in the Core: Data and Research Expansion
Managed Products Data Coverage: 478,655
Date as of 12/31/15
17,944
North America
244,182
Latin America
Europe
151,789
Asia
49,705
Africa
3,723
Middle East
374
Australia/New Zealand
10,938
31. Investing in the Core: Data and Research Expansion
Worldwide Analysts: 307
86Credit Analysts
1Manager Research Analysts
131Equity Analysts
08
43. #3: Morningstar Managed Portfolios
Investment choices for fee-based,
independent advisors.
A Unique Approach to Investing
Through Morningstar® Managed PortfoliosSM
, investors have access to a global investment group guided by a
unique set of investment principles focused on delivering long-term results to help investors reach their
financial goals.
Morningstar's heritage, independence and mission have helped create a unique approach to investing. This
behavioral advantage—which allows us to act differently when it matters most and make rational long-term
decisions in a less than rational world—is articulated in the Morningstar Investment Management
investment principles:
Log inManaged Portfolios
SM
We put investors
first
We’re independent-
minded
We invest for the
long-term
We’re valuation-driven
investors
We take a fundamental
approach
We strive to
minimize costs
We build portfolios
holistically
45. #4: Morningstar Credit Ratings
CMBS
Commercial mortgage-
backed securities
+ Residential mortgage-backed securities
+ Single family rental
+ Asset-backed securities
+ U.S. corporates and financial institutions
RMBS SFR ABS C+FIRMBS SFR ABS C+FIRMBS SFR ABS C+FIRMBS SFR ABS C+FI
46. #4: Morningstar Credit Ratings
2015 U.S. Bond Market Issuance (%)
Source: Securities Industry and Financial Markets Association
Mortgage-related
Asset-backed securities
Corporate
Other
26.6%
3.0%
23.2%
47.2%
Current Focus
Planned Expansion
50. Strategy
.....
Produce the most
effective investment
data, research, and ratings
.....
.....
.....
.....
Develop Morningstar Direct
as our flagship
decision support platform
Build world-class
investment management
solutions based on
our proprietary research
61. Balance Sheet
($mil)
March 31
2016
December 31
2015
Cash, cash equivalents, and investments $ 226.7 $ 248.6
Working capital $ 76.6 $ 105.5
Total assets $ 1,032.7 $ 1,029.0
Deferred revenue $ 161.0 $ 140.7
Short-term debt $ 75.0 $ 35.0
Long-term liabilities $ 78.4 $ 84.0
Total equity $ 630.5 $ 640.6
62. ROIC: Return on Invested Capital*
*Return on invested capital is considered a non-GAAP measure. We calculate this measure based on return divided by invested capital. Please refer to slide 69
for a reconciliation to net income.
11.8%
13.2%
17.2%
19.4%
11.2%
11 12 13 14 15
67. Morningstar Performance
1 Year 3 Years 5 Years 10 Years
Revenue 5.2% 10.0% 10.1% 13.3%
Operating Income 16.0%* 12.0% 12.4% 15.2%
Free Cash Flow 36.4%* 20.2% 13.8% 16.1%
Total Return 25.6% 9.5% 9.4% 9.2%
Annual per-share growth rates through December 31, 2015
*Adjusted to exclude $61.0 million litigation settlement and corresponding cash outflow in 2014.
68. Reconciliation of Non-GAAP Measure with the Nearest Comparable GAAP Measure
($mil) 2015 2014
Cash provided by operating activities $ 238.9 $ 132.2
Less: capital expenditures $ (57.3) $ (58.3)
Free cash flow* $ 181.6 $ 73.9
*Free Cash Flow is considered a non-GAAP financial measure under SEC regulations.
74. Summary
Focused, mission-led company
Strong brand and reputation
Extensive, proprietary investment databases and analytics
Unique reach with individuals, advisors, and institutions globally
75. Summary
Focused, mission-led company
Strong brand and reputation
Extensive, proprietary investment databases and analytics
Unique reach with individuals, advisors, and institutions globally
Strategy focused on large growth opportunities
76. Summary
Focused, mission-led company
Strong brand and reputation
Extensive, proprietary investment databases and analytics
Unique reach with individuals, advisors, and institutions globally
Strategy focused on large growth opportunities
Solid balance sheet and profitability
77. To send in a question for the Q&A session, please visit:
http://morningstar.socialqa.com