While past performance is no guarantee of future results, the Morningstar Return shows how the fund has done in the past in comparison to similar funds in its peer group. It does not, however, show the effects of risk. Therefore, the Morningstar Return is most helpful when used in conjunc...
as well as if there are any inherent biases in their approach. For this particular fund, the focus is principally on equities that are traded in the United States.