Morningstar Fund Ratings: Weekly Round-up

ANALYST RATINGS: This week, fund analysts reveal new ratings for Lyxor and USB passive funds, upgrades for Pictet and Polar Capital and a downgrade iShares

Morningstar Analysts 23 October, 2017 | 1:05PM

New Ratings

Lyxor MSCI AC Asia Pacific ex-Japan ETF C-EURNeutral

Kenneth Lamont

High fees and structural geographic biases mean that we have little confidence in the ability of this fund to outperform its category peers over the long term. With an ongoing charge of 0.60%, the fund is considerably more expensive than comparable passive offerings. Also, despite being relatively broad, the MSCI AC Asia Pacific Ex-Japan index suffers from a significant structural bias toward China relative to peers in the Asia Pacific ex Japan Morningstar Category, making the fund an imperfect tool with which to access that market.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

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
Rating
Pictet-Asian Local Ccy Debt I USD166.90 USD-0.06
Polar Capital Emerging Markets Inc I Acc9.22 USD1.14
Robeco Emerging Markets Equities I $104.73 USD0.68
Robeco Euro Credit Bonds DH €138.19 EUR-0.41
Scottish American Ord336.07 GBP-1.45
UBS ETF MSCI EMU SRI EUR A dis EUR75.62 EUR-1.54
Vanguard Pac ex-Jpn Stk Idx GBP Acc232.12 GBP-0.35

About Author

Morningstar Analysts   -

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites