Chicago-based Morningstar has launched free Web-based information services in Germany and Spain, providing investors with access to over 6000 mutual funds.
Morningstar content includes holdings-based portfolio analysis, the Morningstar Rating and the Morningstar Style Box. A team of fund analysts populates the sites with real-time market news, mutual fund commentary, feature stories and proprietary data.
The two new European Web sites also include analytical tools such as Fund Selector, which allows investors to search the database for funds that match their specific criteria, and Portfolio X-Ray, which helps investors create and examine portfolios of mutual funds, either real or hypothetical.
Morningstar opened its European headquarters in London in April 2000 and launched Web sites in the United Kingdom, Italy and the Netherlands earlier this year.