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Annual MorningstarA® Awards Gala To Be Held Nov. 27 In Toronto

Stocks in this article: MORN

Business News Network anchor Catherine Murray to host award dinner; Jim Cuddy of Blue Rodeo to perform

TORONTO, Nov. 6, 2013 /CNW/ - Morningstar Research Inc., a Canadian subsidiary of Morningstar, Inc. (NASDAQ: MORN), will host its annual Morningstar® Awards gala on Wednesday, Nov. 27, 2013, at the Fairmont Royal York Hotel in Toronto. The Morningstar Awards are designed to help investors identify the country's most exceptional funds and fund managers for the previous year.

Morningstar Awards are announced throughout the year around the world, honouring managers who have added the most value for investors. Fund and fund group nominees are selected based on sound quantitative methodologies that emphasize outperformance over one-, three-, and five-year periods.

The analyst-driven Fund Manager of the Year awards recognize managers who have not only achieved impressive risk-adjusted returns, but have also been strong stewards of shareholder capital over the long term. Morningstar has continued the expansion of the ETF awards line-up this year with the addition of the Best Specialty ETF Award. For the complete 2013 awards line-up, please visit www.investmentawards.com/awards.

"The Morningstar Awards recognize the best thinking from across Canada's fund research community. We convene a jury of experienced analysts who consider consistency and strength of management and its process, in addition to short- and long-term performance, to choose top funds in their respective categories," Christopher Davis, director of fund analysis for Morningstar Canada, said. "Jurors select nominees and finalists independently, which helps ensure high-quality, unbiased results. Investors need to do their own homework, of course, but they should regard finalists and the ultimate winners as among the best funds and fund companies in the country."

Catherine Murray, co-host of Business News Network's Market Sense and anchor of Canada's leading newscast, The Business News, will host the awards dinner. The evening will start with a networking cocktail reception, followed by the awards dinner and an after-party. Guests will have the opportunity to bid on exclusive items at live and silent auctions, proceeds of which will go to charitable beneficiary MusiCounts. Auction items will include a Blue Rodeo concert package and an Air Canada Centre Maple Leafs alumni experience. Guests will also enjoy a special performance by Jim Cuddy of Blue Rodeo, a 13-time JUNO Award winner and Canadian Music Hall of Fame inductee.

MusiCounts is a Canadian music-education charity associated with The Canadian Academy of Recording Arts and Sciences, the organization behind the nationally televised JUNO Awards. MusiCounts' mission is to provide students with access to comprehensive music programs in Canadian schools. For the third year in a row, the proceeds from all submission-based awards will be donated to MusiCounts.

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