SLI Higher Income - Neutral

FUND RESEARCH UPDATE: Morningstar Analyst Rating moved to Neutral

Morningstar Analysts 28 June, 2016 | 7:27AM
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Following a recent Morningstar Analyst Ratings meeting, we have moved the SLI Higher Income fund to a Morningstar Analyst Rating™ of Neutral. The fund previously held a Bronze rating before being placed Under Review following the departure of former manager David Ennett. We believe Ennett’s departure represents a loss to the team given his portfolio management experience, credit research contribution and ability to fully exploit the strategy’s flexibility. Although we acknowledge new manager Fraser Duff’s credit research experience, his portfolio management experience is relatively limited.

See the latest Morningstar fund rating news here.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
abrdn High Yield Bond R Inc46.64 GBP0.09Rating

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