Morningstar Fund Ratings: Weekly Round-up

ANALYST RATINGS: This week fund analysts reveal new ratings for Amundi and Vontobel, and a downgrade for Fidelity

Morningstar Analysts 30 April, 2018 | 12:50AM

New Ratings

Amundi IS MSCI Europe Quality Factor ETF (QCEU) - Bronze

Dimitar Boyadzhiev

This fund is a sensible choice for those seeking to invest in the higher-quality segment of the European stock market. The fund’s underlying index selects stocks from MSCI Europe with strong profitability, consistent earnings, and low levels of debt. Countries and sectors are not capped, allowing the fund’s allocation to deviate away from the broad market. While the fund’s defensive posture should help it outperform its Morningstar Category peers in down markets, it may hold it back in up markets. All told, we have a strong conviction in the fund’s process, but its limited live track record limits its Morningstar Analyst Rating to Bronze.

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
Amundi IS MSCI Europe Quality Fctr ETF-C77.35 EUR1.92
Fidelity Euro Blue Chip A-Dis-EUR23.64 EUR2.07
Vontobel Emerging Mkts Dbt I USD  

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
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies