Morningstar announced Monday that it has launched two free iPad apps for mutual fund and ETF investors. The apps provide individual investors with access to Morningstar's ratings and research, and notifies users of holdings-related news.
"We live in a mobile-centric world, and we're pleased to offer an iPad-optimized experience to subscribers of our investing newsletters, helping them tap into timely data and editor insights wherever they are, in an interactive environment," James McClamroch, head of individual investor solutions for Morningstar, said in a statement.
The mutual fund app, FundInvestor, is edited by Russell Kinnel, and ETFInvestor is edited by Samuel Lee.
The new apps follow two similar apps launched earlier this year that focus on stock and dividend investing. McClamroch said downloads of the StockInvestor app were so successful, he believes the new apps will be as well.
"Nearly all of our StockInvestor subscribers who own an iPad have downloaded that app, and based on demand from subscribers of our fund newsletters, we expect them to be similarly engaged," he said.
Morningstar also announced Monday that it has completed its data integration with the new version of eMoney Advisor's platform, emX. Users of emX who subscribe to Morningstar's Office or Advisors Workstation will be able to seamlessly access security and portfolio-level reports from Morningstar.