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Morningstar Announces Editorial Promotions: Scott Cooley to Edit Morningstar Mutual Funds, Christine Benz to Edit Morningstar FundInvestor

CHICAGO, Nov 08, 2001 – Morningstar, Inc. today announced the appointment of Scott Cooley as editor of Morningstar Mutual FundsTM, the leading mutual fund reference for investment professionals, and Christine Benz as editor of Morningstar® FundInvestorTM, a monthly mutual fund newsletter for individual investors.

"Scott and Christine are two of our most experienced and knowledgeable fund analysts," said Haywood Kelly, editor-in-chief of Morningstar's retail products. "They've both made tremendous contributions to our research and analysis efforts and they are uniquely qualified to pilot Morningstar Mutual Funds and Morningstar FundInvestor. Although we've increased our online presence in recent years, these two print publications are still very much in demand by investors and advisors. Scott and Christine will lead our efforts to strengthen these two influential publications."

Morningstar Mutual Funds was introduced in 1986 as Mutual Fund Values and quickly became the most trusted resource within the fund industry. The bimonthly publication covers 1,600 of the most popular mutual funds, with full-page research reports for each fund. Morningstar FundInvestor was first launched in 1992 as Five Star Investor. The monthly newsletter tracks 500 of the best mutual funds, as handpicked by Morningstar's analyst staff, and also includes model portfolios, fund industry news, and investment education articles.

Cooley first joined the company in 1996 and has worked as both a mutual fund and stock analyst. As a Morningstar fund analyst he covered the Fidelity, Vanguard, and Oakmark fund families, wrote numerous commentaries, and gave many speeches about investing to professional and individual investors. He also served as Morningstar.com's news and markets editor. Before joining Morningstar, Cooley was a bank examiner for the Federal Deposit Insurance Corporation (FDIC), where he focused on credit analysis and asset-backed securities. Cooley holds a bachelor's degree in economics and political science, and a master's degree in history from Illinois State University.

Benz joined Morningstar in 1993. As a senior analyst, she covers the Janus and Marsico fund families and is a frequent guest on CNN and CNBC. Before joining Morningstar, Benz worked as a writer/producer for the Society for Visual Education (SVE), where she wrote and produced children's audiovisual materials and software. She holds a bachelor's degree in political science and Russian/East European studies from the University of Illinois at Urbana-Champaign.

About Morningstar, Inc.
Chicago-based Morningstar, Inc. is a leading provider of independent investment information. Morningstar offers an extensive line of software, print, and Internet-based products and services for individuals, financial advisors, institutions, and the media. 

The company is a trusted source for investment information, data and analysis of stocks, mutual funds, exchange-traded funds, closed-end funds, and variable annuity/life subaccounts.

Morningstar.com is listed among the top investing sites by publications such as The Wall Street JournalBarron'sMoneyWorth, and U.S. News & World Report. Morningstar provides investment information for a number of leading Web sites, including Microsoft MoneyCentral, Quicken.com, America Online, and Yahoo! Finance, and Netscape Personal Finance.

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