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<strong>Cookies and Other Tracking Technologies</strong>Last updated: June 30, 2023<p>This Cookie Policy explains how Morningstar and its affiliates (collectively, “we”) use cookies, pixels, and similar technologies (collectively, “cookies”) when you visit our sites.
This policy should be read together with our Privacy Statements, our and your contract with us.</p>
<strong>What is a cookie?</strong>
<p>A cookie is a small file that can be stored on your device when you access our site and is then sent back to us each time you visit our site.
Cookies are useful because they allow us to recognize your device and your preferences.</p>
<strong>How do we use cookies?</strong>
<p>We use cookies to know whether you’re logged in to our site, recognize the products and services you subscribe to, remember your preferred site language, location, and other preferences, and show you advertisements relevant to your interests.
We use session cookies (which last until you close your browser) and persistent cookies (which last until you or your browser deletes them).
These cookies fall into two broad categories: “essential cookies,” which originate from us and are necessary for us to provide you with our services, and “non-essential cookies,” which typically originate from third parties and are not required for you to use our services.</p>
<strong>Essential cookies</strong>
<p>We use essential cookies for the following purposes:</p>
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<strong>Authentication</strong>—We use cookies to allow you to sign into our services and stay signed in throughout one or multiple site visits.</li>
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<strong>Subscription</strong>—We use cookies to recognize that you’ve bought our Premium service and make sure you’re able to view the content and tools that you’ve paid for.</li>
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<strong>Site language</strong>—We have many sites across the world, and we use a cookie to make sure you see our site in a language commonly used in your country.</li>
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<strong>Non-essential cookies</strong>
<p>We use non-essential cookies for the following purposes:</p>
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<strong>Analytics</strong>—Our third-party partners use cookies to provide us with analytics services.
These partners, including Google Analytics, use cookies to help us understand how our customers use our sites.</li>
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<strong>Advertising</strong>—Our third-party partners also use cookies to provide advertising services.
These partners use cookies to show you ads that may interest you.</li>
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<strong>California Rights</strong>
<p>California residents have the right to opt-out of the "sale" or "sharing" of their personal information, as both terms are defined by California law.
For more information on how Morningstar "sells" or "shares" personal information under California law, please visit our Americas Privacy Statement.</p>
<p>Morningstar websites use third party cookies used for targeted advertising, which is considered the "sharing" of personal information under California Law.
If you would like to manage targeted advertising cookies, please click here.</p>
<strong>How we revise this statement</strong>
<p>Our business frequently changes, and we may need to update this policy to reflect those changes.
When we make changes to this policy, we’ll revise the “last updated” date at the top of this page.</p>
<p>If you would like to learn more about the personal information we collect and use, please visit our Privacy Statements, contact us at privacy@morningstar.com, or write us at the following address:</p>
<p>Morningstar, Inc.<br>22 W.
Washington St.<br>Chicago, IL 60602<br>Attn: Chief Privacy Officer</p> Transparency is our policy.
Learn how it impacts everything we do.
Read More <p>Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
</p>
<p>We’d like to share more about how we work and what drives our day-to-day business.</p> How we make money <p>We sell different types of products and services to both investment professionals and individual investors.
These products and services are usually sold through license agreements or subscriptions.
Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management.
We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
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</p> How we use your personal data <p>How we use your information depends on the product and service that you use and your relationship with us.
We may use it to:</p>
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<li>Verify your identity, personalize the content you receive, or create and administer your account.</li>
<li>Provide specific products and services to you, such as portfolio management or data aggregation.</li>
<li>Develop and improve features of our offerings.</li>
<li>Gear advertisements and other marketing efforts towards your interests.</li>
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<p>To learn more about how we handle and protect your data, visit our privacy center.</p> How we approach editorial content <p>Maintaining independence and editorial freedom is essential to our mission of empowering investor success.
We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.
We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes.
Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.</p>
<p>To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.</p>
<p>Read our editorial policy to learn more about our process.</p>
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</ul> United States <p>© Copyright 2023 Morningstar, Inc.
All rights reserved.
Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.
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</ul> Privacy Preference CenterWhen you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies.
This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to.
The information does not usually directly identify you, but it can give you a more personalized web experience.
Because we respect your right to privacy, you can choose not to allow some types of cookies.
Click on the different category headings to find out more and change our default settings.
However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
<br>More informationAllow All Manage Consent PreferencesEssential CookiesAlways Active<p>Essential cookies are necessary for our website to function and must remain on.
They are usually placed when you take specific actions, such as signing in, filling out a form, or changing your privacy settings.
You can set your browser to block or alert you about these cookies, but some parts of the site will not work.</p>Cookies DetailsFunctional CookiesAlways Active<p>These cookies enable the website to provide enhanced functionality and personalisation.
They may be set by us or by third party providers whose services we have added to our pages.
If you do not allow these cookies then some or all of these services may not function properly.</p>Cookies DetailsPerformance CookiesAlways Active<p>Performance cookies help us gather data on how visitors use our site, so we can measure and improve how it performs.
They help us understand which pages are the most and least popular and see how visitors move around the site.
If you do not allow performance cookies, we won’t know when you visited our site and won’t be able to monitor its performance.</p>Cookies DetailsTargeting CookiesAlways Active<p>Targeting cookies may be placed on our site by our advertising partners.
They are often used by those companies to build a profile of your interests and show you relevant advertisements on other sites.
They do not directly store personal information by uniquely identifying your browser and internet device.
If you do not allow these cookies, you will experience less-targeted advertising.</p>Cookies DetailsBack ButtonCookie List<p>
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