Artemis Income - Bronze

FUND RESEARCH UPDATE: Morningstar Analyst Rating moved to Bronze

Morningstar Analysts 29 June, 2016 | 10:20AM
Facebook Twitter LinkedIn

Following a recent Morningstar Analyst Ratings meeting, we have moved the Artemis Income fund to a Morningstar Analyst Rating™ of Bronze. The fund was previously Under Review following the departure of co-manager Adrian Gosden. Prior to that it held a Gold rating. While we continue to have a high regard for senior co-manager Adrian Frost and the consistency of the approach, the loss of Gosden is significant and presents challenges over the short term. This, combined with the trend of disappointing performance, has lowered our conviction in the fund. We are therefore lowering the rating.

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.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Artemis Income R Inc2.45 GBP0.06Rating

About Author

Morningstar Analysts   -

© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures