Morningstar Fund Ratings: Weekly Round-up

ANALYST RATINGS: This week fund analysts reveal a new rating for Invesco and a re-rating for NN

Morningstar Analysts 3 September, 2018 | 3:11PM
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New Ratings

Invesco Global Investment Grade Corporate Bond – Bronze

Irene Ruiz Espejo

We are initiating coverage of Invesco Global Investment Grade Corporate Bond fund with a Morningstar Analyst Rating of Bronze. Lyndon Man has been the lead manager here since August 2013, along with co-manager Luke Greenwood. They are part of the 12-strong global investment-grade team and they are further supported by an extensive analyst pool, including 15 dedicated investment-grade analysts. The fund stands out from the crowd in the way the managers combine the three pillars of the process: long-term thematics, relative value against the benchmark, and a macro overlay to help manage liquidity and dampen down volatility. The fund comes with an expensive price tag, but this has not been detrimental to its solid risk-adjusted return profile since the managers took over.

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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.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Invesco Global Inv Grd CorpBd C USD AD13.56 USD0.28Rating
NN (L) Global Real Estate I Cap EUR9,848.53 EUR0.56Rating

About Author

Morningstar Analysts   -