WIOF now receives Morningstar ratings for eight of its sub-funds. TheMorningstar Rating is a quantitative assessment of a fund’s pastperformance – both return and risk – measured from one to five stars.Funds receive a rating after proven performance of at least 3 years. The eightWIOF funds that have been rated have a proven track record of over five years.The Morningstar Rating is calculated for 3 years, 5 years and 10 years, andthe Overall Rating is a weighted average of the time-period ratings.

The Funds’ ratings indicates how the funds have performed on arisk-adjusted basis against their peers in the same category giving investorsthe ability to quickly and easily identify funds that are worthy of furtherresearch. Simply the more stars the fund achieves the better it is. Should afund be placed in the top 10% of its category, it receives five stars. Howevershould it fall into the next 22.5%, it earns four stars. A place in the middle35% results in a three star „neutral“ rating. Funds in the next 22.5% gettwo stars and funds in the bottom 10% get one star.

One must note that a high-rating alone is not sufficient basis for investmentdecisions and is intended to be used as a first step in the fund evaluationprocess. Also please note that Standard & Poor's sold part of the fundbusiness – the fund ratings – to Morningstar.