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First State Global Listed Infrastructure I - Bronze

FUND RESEARCH UPDATE: Fund rating downgraded to Bronze

Fatima Khizou 4 December, 2015 | 2:00PM

Following a recent Morningstar Analyst Ratings Meeting, we have moved the First State Global Listed Infrastructure I fund to a Morningstar Analyst Rating™ of Bronze. The fund previously held a Silver Rating. Peter Meany is an experienced infrastructure investor with over a decade of investment experience and we hold him and his team of infrastructure specialists in high regard. His expertise in this space, in conjunction with a rigorous and well-thought-through process has served investors well thus far. Nonetheless, we note this is a peer group with a number of talented teams and as a result, we believe this particular team ranks a notch lower relative to other listed infrastructure offerings that Morningstar follows globally.

See the latest Morningstar fund rating news here.

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.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
First State Glb Listed Infra I USD Inc13.39 USD-0.46

About Author

Fatima Khizou  is an Investment Research Analyst for Morningstar

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