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Morningstar is a great company and has done great things for bringing investment research to the masses. 

In this video I show you why you SHOULD invest in their 5 star funds.  

But, BE ADVISED,  this doesn't mean you change your portfolio each year to invest in their 5 star funds. You simply find a highly rated fund from them and stick to it. 

The reason for this is that Morningstar's highly rated funds have outpeformed. Not by much mind you, but they have outpeformed. 

Morningstar uses risk-adjusted returns,  analyzes different share classes and takes survivorship bias into consideration too. 

End result?  

Better performance, with lower volatility and expenses. 

That's good enough for me!

https://joshscandlen.com/morningstar-5-star-funds/