Form 485APOS Morningstar Funds Trust
Exhibit (i)
|
Stradley Ronon Stevens & Young, LLP 2000 K Street, N.W., Suite 700 Washington, DC 20006 Telephone 202.822.9611 Fax 202.822.0140 www.stradley.com |
April 27, 2022
Morningstar Funds Trust
22 W. Washington Street
Chicago, Illinois 60602
| Re: | Post-Effective Amendment No. 10 to the |
| Registration Statement of Morningstar Funds Trust |
Ladies and Gentlemen:
We have acted as counsel to Morningstar Funds Trust, a statutory trust organized under Delaware law (the Trust), in connection with the issuance and sale by the Trust of its shares of beneficial interest, no par value (the Shares) of the Morningstar Global Opportunistic Equity Fund (the Fund). The Trust is authorized to issue an unlimited number of Shares of the Fund.
This opinion is furnished in accordance with the requirements of Item 28(i) of Form N-1A under the Investment Company Act of 1940, as amended (the Investment Company Act) and the Securities Act of 1933, as amended (the Securities Act).
In connection with providing this opinion, we have examined (i) a copy of the Trusts Certificate of Trust, as filed with the Secretary of State of the State of Delaware on March 1, 2017; (ii) the Trusts Amended and Restated Agreement and Declaration of Trust dated March 9, 2018; (iii) the Trusts By-Laws; (iv) certain resolutions adopted by the Board of Trustees of the Trust relating to the issuance and sale of the Shares; and (v) a Certificate of Good Standing dated April 22, 2022 from the Secretary of State of Delaware. We have also examined the Notification of Registration on Form N-8A and the Registration Statements on Form N-1A filed on behalf of the Trust (the Registration Statement) under the Investment Company Act and the Securities Act, all as amended to date, as well as other items we deem material to this opinion.
In our examination, we have assumed the legal capacity of all natural persons, the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as facsimile, electronic, certified, conformed or photostatic copies and the authenticity of the originals of such copies. As to any facts material to the opinions expressed herein that we did not independently establish or verify, we have relied upon statements and representations of officers and other representatives of the Trust and others.
This opinion is based exclusively on the provisions of the federal law of the United States of America and the laws of the State of Delaware applicable to trusts formed under the Delaware Statutory Trust Act, as amended, and does not extend to the securities of blue sky laws of the State of Delaware or other states.
Based upon and subject to the foregoing information and examination, we are of the opinion that, when the Registration Statement becomes effective under the Investment Company Act and Securities Act, the Shares will, when sold in accordance with the Registration Statement, be validly issued, fully paid and non-assessable.
We hereby consent to the use of this opinion as an exhibit to the Registration Statement of the Trust and we further consent to reference in the Registration Statement of the Trust to the fact that this opinion concerning the legality of the issue has been rendered by us.
Very truly yours,
/s/ Stradley Ronon Stevens & Young, LLP
STRADLEY RONON STEVENS & YOUNG, LLP
Exhibit (j)(i)
Consent of Independent Registered Public Accounting Firm
We consent to the references to our firm under the captions Financial Highlights in the Prospectus and Independent Registered Public Accounting Firm and Financial Statements in the Statement of Additional Information, each dated April 29, 2022, and each included in this Post-Effective Amendment No. 10 to the Registration Statement (Form N-1A, No. 333-216479) of Morningstar Funds Trust (the Registration Statement).
We also consent to the incorporation by reference of our report dated June 29, 2021, with respect to the financial statements and financial highlights of Morningstar Global Opportunistic Equity Fund (formerly, Morningstar Unconstrained Allocation Fund) (one of the funds constituting Morningstar Funds Trust) included in the Annual Report to Shareholders (Form N-CSR) for the year ended April 30, 2021, into this Registration Statement, filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
Chicago, Illinois
April 25, 2022
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BMO Capital Reiterates Outperform Rating on Morningstar (MORN)
- Morningstar (MORN) Declares $0.5 Quarterly Dividend; 1.3% Yield
Create E-mail Alert Related Categories
SEC FilingsRelated Entities
Morningstar, Inc.Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share