Neptune Balanced - Neutral

FUND RESEARCH UPDATE: Fund rating moved to Neutral 

Jeremy Beckwith 9 April, 2015 | 6:00AM
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Following a recent Morningstar Analyst Ratings Meeting, we have downgraded Neptune Balanced to a Morningstar Analyst Rating™ of Neutral. The fund was previously rated Silver. Neptune Balanced is managed against the IA Mixed Investment 40-85% Shares peer group, but has not invested outside of equities in recent years. In contrast peers have taken a more sophisticated approach to their fixed income allocation and have also invested more in alternatives. Neptune has been less able to take advantage of opportunities outside of equities because it lacks dedicated support on fixed income and/or alternatives, and has therefore held at least 15% in cash for several years, which has handicapped performance at times.  

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Liontrust Balanced A Acc GBP9.86 GBP-1.87Rating

About Author

Jeremy Beckwith  is Director of Manager Research for Morningstar UK