@article {Haslem69, author = {John A. Haslem and Carl A. Scheraga}, title = {An Analysis of Morningstar{\textquoteright}s Classification of Small-Cap Mutual Funds}, volume = {2003}, number = {1}, pages = {69--74}, year = {2003}, publisher = {Institutional Investor Journals Umbrella}, abstract = {The objective is to determine the usefulness of the Morningstar category ratings and star ratings as a composite risk/return measure of fund performance for small-cap mutual funds. Using the Tukey-Kramer method, analysis of the funds is done to determine whether investment style and performance variable are associated with differences in Morningstar{\textquoteright}s star ratings and category ratings. Although the category rating is preferred to the star rating, neither captures the entirety of the Sharpe Index.}, URL = {https://guides.pm-research.com/content/2003/1/69}, eprint = {https://guides.pm-research.com/content/2003/1/69.full.pdf}, journal = {Special Issues} }