Is a 5 star Morningstar Rating good?
I'm considering investing in a fund and noticed that it has a 5-star Morningstar Rating. I'm wondering if this rating is considered good and if it's a reliable indicator of the fund's performance.
Is a 4 star Morningstar Rating good?
I'm considering investing in a mutual fund and noticed that it has a 4-star Morningstar Rating. I'm wondering if this rating is considered good and if it's a reliable indicator of the fund's performance.