So I used to use Bloomberg terminal, and now that I am at a smaller company, I switched over to Morningstar. I noticed that the data between Morningstar vs. Yahoo/Google Finance could be dramatically different. If anyone knows why, any explanation would be greatly appreciated.
Example: Fund SLCGX vs. S&P 500 TR
Based on morningstar and 10 year data, SLCGX outperforms by a considerable amount (8/27/2005 to 8/26/2015). However, when looking at yahoo finance, S&P TR actually outperforms.
I suspect morningstar is correct, but I cannot figure out why the difference is so dramatic (is one of the charts using S&P price index instead of total return? is one of the charts taking into account of certain fees, such as front load fees?)
Thanks for your input!