Morningstar calculates these risk levels by looking at the morningstar risk of the funds in the category over the previous 5 year period morningstar risk is the difference between the morningstar return based on fund total returns and the morningstar risk adjusted return based on fund total returns adjusted for performance volatility.

In order to use fidelity rsquo s fully paid stock lending program i decided to transfer some of my individual stock holdings from merrill edge to fidelity i was pleasantly surprised by the smooth experience and here is a quick review of the process 12 1 wednesday i started the transfer process online at fidelity and read about my options.