Morningstar Fund Ratings: Weekly Round-up

A technology fund gets an upgrade in the latest batch of Morningstar fund rating reviews

Mathieu Caquineau, CFA 18 August, 2020 | 10:33AM
Facebook Twitter LinkedIn

Fund Ratings

Upgrades

T. Rowe Price Global Technology - Bronze from Netural

Mathieu Caquineau 

Alan Tu took over T. Rowe Price Global Technology in April 2019, when his predecessor left to manage T. Rowe Price New Horizons. Tu is a logical successor. He has worked closely with Spencer on this strategy as a tech analyst covering enterprise software, joining T. Rowe as an analyst in 2014. A few changes occurred in the underlying technology analyst team in 2019 that warrant some caution. However, the strategy’s flexibility is a selling point and has appeal in a sector where active management can shine. The strategy’s Process Pillar rating was therefore upgraded to Above Average from Average. While the strategy is digesting its recent personnel changes, its many advantages should pay off over time. The strategy’s Morningstar Analyst Rating is upgraded to Bronze from Neutral on all share classes.

Downgrades

Eastspring Inv Japan Dynamic - Bronze from Silver

Samuel Lo 

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.

Facebook Twitter LinkedIn

About Author

Mathieu Caquineau, CFA

Mathieu Caquineau, CFA  Senior Fund Analyst, Morningstar France

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 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement