Legal Notices

 
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Terms and Conditions

 

Copyright                   

All information available through this website is the property of Morningstar, Inc. and is protected by copyright and intellectual property laws. All rights reserved.

You may not reproduce, retransmit, disseminate, sell, publish, broadcast, or circulate the information without the express written consent of Morningstar, Inc. You are entitled to use the information for your private, non-commercial use only.     

 

Trademarks               

The Morningstar name and logo are registered marks of Morningstar. Marks used in conjunction with Morningstar products or services are the property of Morningstar or its subsidiaries. All other marks are the property of their respective owners. Morningstar products furnished in countries other than the United States are provided by Morningstar subsidiaries in those countries.

           

Products and Services Offered Through U.S. Subsidiaries               

Morningstar Managed Portfolios is offered by Morningstar Investment Services, Inc. Morningstar Advisor Workstation, Morningstar Retirement Manager, Institutional Investment Consulting products and services, and some Licensed Tools and Content products and services are offered by Morningstar Associates, LLC. Morningstar Investment Services and Morningstar Associates are registered investment advisors and wholly owned subsidiaries of Morningstar, Inc. The products and services offered by Morningstar Investment Services and Morningstar Associates are intended for citizens or legal residents of the United States or its territories.          

 

Nature of Service                  

This website contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific securities or investment advice of any kind do not constitute an offer to buy or sell securities. The past performance of an investment or investment strategy cannot guarantee its future performance.  

 

Disclaimers                

Neither any Morningstar company nor any of their information providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the information on this website, including, but not limited to information originated by that Morningstar company, licensed by that Morningstar company from information providers, or gathered by that Morningstar company from publicly available sources. There may be delays, omissions, or inaccuracies in the information.

 

NEITHER ANY OF THE MORNINGSTAR COMPANIES NOR ANY OF THEIR INFORMATION PROVIDERS SHALL HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF THE INFORMATION OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON THE INFORMATION ON THIS WEBSITE, OR FOR INTERRUPTION OF ANY DATA, INFORMATION, OR ANY OTHER ASPECT OF THIS WEBSITE. THE PAST PERFORMANCE OF AN INVESTMENT OR INVESTMENT STRATEGY CANNOT GUARANTEE ITS FUTURE PERFORMANCE.

 

NEITHER ANY OF THE MORNINGSTAR COMPANIES NOR ANY OF THEIR INFORMATION PROVIDERS MAKE ANY REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, SOFTWARE, PRODUCTS, OR SERVICES CONTAINED IN THIS WEBSITE. ALL SUCH INFORMATION, SOFTWARE, PRODUCTS, AND SERVICES ARE PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. PRODUCT SPECIFICATIONS AND PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE.

 

 

 

Privacy Policy

 

General Morningstar Privacy Policy (Updated for GDPR  01 May 2018)

 

Morningstar, Inc., its Affiliates and Group Companies (individually and collectively, “Morningstar”) are committed to safeguarding your privacy. 

 

This General Privacy Policy outlines the types of information we collect from website visitors, clients, and other third parties. As Morningstar is a global company, certain supplemental local privacy policies and laws may apply to you depending on your citizenship and your rights and we would invite you to visit the local websites and view the additional privacy policies set out in the legal information section on those websites.  

In this Policy we set out how we use personal information, with whom we might share it, the means by which we keep it secure, and the choices you have about the information you choose to share with us.  
 
If You have any questions about the privacy practices of Morningstar or about this Privacy Policy, please send an email to corporatesite@morningstar.com  in the first instance and Your questions will be directed to the appropriate team within Morningstar to deal with your enquiry.  
 
Personal Information we collect and what we use it for

The types of personal information we collect depend on the purpose for which you provide it to us. We only collect what is necessary for the purposes set out in this General Morningstar Privacy Policy or in any local supplement or notice in a local website. 

 

Clients/authorized users 

We collect limited personal information such as name, email and in some cases your IP address, phone number and physical address from you as an authorised user or contact for our products and services and in some cases where you are paying for a subscription service we will collect credit card or payment details.  

 

What we use it for 

We use the personal information to administer and support the contracts we have with you/authorised users of our products and services you are obtaining from us. We use this information for the purpose of providing updates about these products and services, dealing with support, billing and inquiries and providing information about other products and services that may be if interest to you. 

 

Site visitors

If you are accessing a Site to learn more about Morningstar and our products and services inquire about employment with a Morningstar company, subscribe to web services or access our research, the information we collect may include your name, physical and email addresses, and phone number(s) via one or more online registration forms. If you are subscribing to a web service with a subscription fee we also collect credit card or other payment details. 
 

For personal information submitted via our US Site, you consent to the collection and use of any personal information and any related information in the manner described in this Privacy Policy. For non-US Sites local regulation may be in place in respect of obtaining your consent to the collecting and processing of your data and you are advised to read the information relating to the local Sites and any revisions or supplements to this General Privacy Policy that may apply in your jurisdiction.  

 

What we use it for 

On our websites, we use the personal information (and any preferences indicated by you, where appropriate) to make available to you the investment information, tools and other requested information, free product trial, communication with sales, content or research, or information pertaining to a job posting you have requested. In some cases, we use the personal information to provide you on our Site with targeted third-party advertisements which may be of interest to you based on any preferences you have indicated in your registration form(s). 

 

Links to other websites 

Morningstar may provide links to one or more other third-party websites from the Sites. We encourage you to read those website’s individual privacy policies before providing any of Your personal information to them.

 

Suppliers 

We collect limited personal information such as name, email and in some cases your IP address, phone number and postal business address from you as authorised users or contacts for our products and services. 

 

What we use it for 

We use the personal information to administer and support the contracts we have with you. We also use this information to contact you for dealing with support, billing and inquiries about your products and services. 

 

Candidates

If you are accessing a Site to inquire about employment with a Morningstar company, the information may include, but is not limited to: your name, physical and email addresses, and phone number(s) and if you are submitting an employment  application and related information through the Site, your user name/password and any additional employment-related information that you choose to provide.

 

What we use it for  

We use this information to process and manage your application for employment with Morningstar. 

 

Personal information uploaded by clients or subscribers to Morningstar online tools or hosted solutions

Some Morningstar tools or hosted solutions allow you to upload personal and other information about your employees, clients or other third parties into your instance of the tool or solution. In such cases you should therefore ensure you are compliant with the relevant local data protection regulations in respect of the personal information you input into the online tool. When you terminate your subscription or request that your personal data is deleted Morningstar will delete your instance of the tool including all of the information contained within it. Morningstar has no access to the personal data you upload into the tools and it is your obligation to ensure you have a backup of the data you have uploaded. Further information on your use of the tool and hosted solutions are set out in the Terms and Conditions and the relevant Product guide. 

 
Personal information, how long do we keep it for?

Morningstar retains personal information only for as long as necessary for the uses we have set out above. Individual jurisdictions have different tax, accounting, regulatory and legal retention requirements and Morningstar is bound to keep certain personal information in accordance with these local requirements.  


Personal Information: How we store and process it

All personal information we gather from you may be processed and stored in any one of our Group Company locations and may subsequently be transferred to other countries for further processing, storage, and/or use by Morningstar.  Our staff who need to access personal information to perform their roles will have access to it and have agreed to comply with Morningstar’s policies on data protection. 

 

Morningstar uses a small number of third parties to provide systems and software for its administrative functions, such as sales processing, accounting / finance management and procurement. In such cases Morningstar remains controller of the personal information, the third parties only process the data in accordance with our instructions and we are responsible for ensuring such third parties are compliant with all applicable data protection regulations in relation to their processing activities. 

 
Protection of your personal information

We have technical, security and organisational measures in place, (and require our service providers do so as well), to protect against unauthorized access to, or unauthorized alteration, disclosure, or destruction of personal information. The measures we use are appropriate to the nature, scope and purpose for which we use the personal information we collect. These measures include internal reviews of our data collection, storage, and processing practices and security measures, as well as physical security measures to guard against unauthorized access to systems where we store personal data. We have recently updated our processes to ensure we can comply with data subject requests as required under applicable law, to address complaints and comply with breach reporting procedures and incident management plans. 

 

Morningstar operates secure data networks protected by industry-standard firewall and password protection systems. Our security and privacy policies are periodically reviewed and enhanced as necessary and only authorized individuals have access to the information provided.

 

Further information on our security and incident management is available from infosec@morningstar.com.  


Use of cookies on our Sites and in Morningstar products 

We use cookies to set user preferences such as email and, if applicable password. This information allows us to personalize the user experience and improve the quality of our Site navigation and products. Information about the cookies on our Sites, where required is available on the Site. 


How to update your personal information or make a data subject request

 

Site visitors  

If you need to update your preferences or information or make a data subject request,  you need only email us at corporatesite@morningstar.com or follow the instructions contained in any email we have sent to you to unsubscribe or change your preferences.

 

Clients / Suppliers

If you need to update your information or make a data subject request, please email us either at the local contact details set out in the supplemental local policies on your local website or at corporatesite@morningstar.com in the first instance and we will direct your enquiries to the appropriate team within Morningstar to action. 

 

Employment candidates 

Questions related to your personal information submitted as an application for employment inquiries you’ve made or job applications you’ve submitted should be sent to: AskHR@morningstar.com


What About children’s privacy?

Morningstar does not separately identify, or collect, any information that is specific to children.

 

Data Subject Requests 

Certain local regulations grant individuals in those locations certain rights in respect of their personal information held by companies. If you wish to make a Data Subject Request, You should contact corporatesite@morningstar.com  in the first instance and your email will be directed to the correct Morningstar team to take action with respect to your request. 

 
Your consent to collection and use of personal data

Under the laws of the USA, by continuing to use a Site, we can take that as your consent to the collection and use of any personal information and any related information in the manner described in this General Privacy Policy. 

If you are not a US citizen, local regulation may be in place in respect of obtaining your consent to the collecting and processing of your data and you are advised to go to the Site which is appropriate to your citizenship and  read the information relating to the local Site and any supplemental privacy policy that may apply in your jurisdiction. 

 
Changes to the Privacy Policy

Morningstar reserves the right to change this General Privacy Policy and any supplemental local privacy policies at any time by distributing and/or posting a new Privacy Policy without notice. We encourage you to review our General Privacy Policy and any local privacy policies on a regular basis so that you will be aware of any changes to it.

 

 

Modern Slavery Statement

 

This statement has been published in accordance with the Modern Slavery Act 2015. It sets out the steps taken by the Morningstar Group Companies identified above during the year ending 31st December 2016 to prevent modern slavery and human trafficking in its business and supply chains.


Organisation's structure
The above companies are Morningstar Inc.’s subsidiaries who are registered and located in the UK.

Our business
Morningstar, Inc., is a leading provider of independent investment research in North America, Europe, Australia and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on nearly 540,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on approximately 18.5 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries. The company has operations in Australia, Brazil, Canada, Chile, China, Denmark, France, Germany, Hong Kong, India, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom and United States.

Our supply chains
Our supply chains include suppliers of IT, data and communications, office cleaning, property grounds and other facilities management services, stock exchanges, legal counsel, insurers, health care providers, and recruitment agencies.

Our policies on slavery and human trafficking
We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. Our Anti-Slavery Policy reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our supply chains.
We adopted an Anti-Slavery Policy which addresses how employees and other associated persons (agents, suppliers and other service providers) are required to act to minimise the risk of slavery and human trafficking occurring in the business and in its supply chains. The Anti-Slavery Policy was published on our internal homepage (“the Pond”) and an email communication was sent to all employees informing of the policy and sharing a link to both the Anti-Slavery Policy and its guidance.
In addition, our Anti-Slavery Policy is available at http://corporate1.morningstar.com/UK/. This Policy applies to all persons working for us or on our behalf in any capacity, including employees at all levels, directors, officers, agency workers, seconded workers, volunteers, interns, agents, contractors, external consultants, third-party representatives and business partners.

Due diligence processes for slavery and human trafficking
We have conducted a comprehensive Morningstar EMEA-wide risk assessment, clearly mapping Morningstar’s supply chains across multiple tiers and identifying potential touch-points for modern slavery. The risk assessment enabled us to monitor potential risk areas in our supply chains and determine that our suppliers comply with our own zero tolerance approach to slavery and human trafficking.
Upon review of our risk assessment, procurement policies and other existing policies and procedures relevant to modern slavery, we developed an appropriate Declaration of Compliance with the Modern Slavery Act 2015 to implement in our supply chain engagement procedure. Moving forward, a request for a declaration of compliance will be sent to all suppliers when engaging their services. Guidance was prepared for relationship owners and a template of the declaration sent to these employees.

Supplier adherence to our values
We have zero tolerance to slavery and human trafficking. To seek to ensure all those in our supply chain and contractors comply with our values, new suppliers will have to sign up a declaration of their compliance with the Modern Slavery Act 2015 or provide copies of their own policies.
We have a dedicated Chief Compliance Officer and EMEA Legal Department responsible for overseeing implementation of our Anti-Slavery Policy within our supply chain. In addition, relationship owners in the supply chain will report to the Chief Compliance Officer and EMEA Legal Department when engaging with new suppliers. A declaration of compliance with the Modern Slavery Act will be requested from all new suppliers and sent to the Compliance and Legal teams upon each new engagement.

Guidance
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we provide a copy of the policy to all employees and detailed guidance to those who are responsible for supplier relationships. The Policy is available at our internal online platform and upon request. Supplier relationship owners are guided in a process designed to ensure declarations of compliance with the Modern Slavery Act are obtained from all relevant suppliers.  

Further steps
Following a review of the effectiveness of the steps we have taken in 2016 to attempt to ensure that there is no slavery or human trafficking in our supply chains we intend to take the following further steps to combat slavery and human trafficking:
. All new suppliers will be asked to sign a Declaration of Compliance with the Modern Slavery Act 2015 or will provide copies of their own policies.
. Our policy will be reviewed annually and/or earlier in case of any amendments to current legislation.
. Upon each annual review, the existing policy or any relevant new amended policy will be signed off by management.
This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 and constitutes our Group's slavery and human trafficking statement for the financial year ending 31st December 2016.

 

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