The group’s principal activity is to provide investment services. The group’s services include print and online publications and retirement plan. The group products sold under the trade names Morningstar(R) Licensed Data(SM), Morningstar Rating(TM) and Portfolio X-Ray(R). The group’s operates through three segments namely individual, advisor, and institutional. In the year 2006, the group acquired Aspect Huntley Pty Limited and Ibbotson Associates, Inc. The group operates from the United States. Of the total revenue in the year 2006, individual accounted for 25.6%, advisor 30.0$ and institutional 46.4%.