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Morningstar has introduced a new weightage for its Parent pillar, emphasizing governance, culture, and operational excellence. ART, UniSuper, and Aware Super secured a gold rating for their Balanced MySuper options due to strong governance and long-term performance. AustralianSuper was upgraded to a silver rating, and Colonial First State secured a bronze for its Lifestage super strategy. The funds were praised for their internalisation strategies, global expansion, and high-calibre investment teams.

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