The folks at Morningstar
are mulling over the possibility of ending the star ratings for leveraged and inverse ETFs, Bloomberg reports
"Star ratings are meant for investment vehicles and these are trading vehicles," Scott Burns
, Morningstar's director of ETF research, told the wire service.
Chicago-based Morningstar is looking at pulling the leveraged and inverse ETFs from broader fund categories and placing them instead in a different group.
Armie Margaret Lee
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