Mirabaud Equities Spain - Under Review

FUND RESEARCH UPDATE: Fund rating moved to Under Review

Morningstar Analysts 8 April, 2015 | 3:14PM
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We have placed the Morningstar Analyst Rating™ for the Mirabaud Equities Spain fund Under Review following the news that manager Antonio Hormigos has stepped down from the fund. Previously the fund held a Bronze rating. The fund will now be managed by Gemma Hurtado, who has been involved as co-portfolio manager for this product since mid-2011. The plan is to maintain a team-managed approach, so the managers are looking to add a senior portfolio manager who will give support to Hurtado in the short term. Until we know more about the new addition, we are placing Mirabaud Equities Spain Under Review.

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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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