Morningstar Fund Ratings: Weekly Round-up

Among ratings changes this week are two new Silver ratings for Vanguard funds, a downgraded Taiwanese equity fund and an upgrade for and Emerging Asia product

Matias Möttölä, CFA 15 December, 2020 | 9:10AM
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New Ratings

Vanguard Global Equity – Silver

Robert Starkey

We have initiated coverage on the Vanguard Global Equity strategy with a Morningstar Analyst Rating of Silver across its share classes. Vanguard, which has oversight of this sub-advised strategy, has a stable senior investment team which is experienced in the selection and ongoing oversight of their underlying active fund managers. While this is a relatively new product for the UK, having been launched in 2016, Vanguard has been running focussed active multimanager offerings like this for US clients since 1995, and has executed to good effect. Wellington and Baillie Gifford, the two subadvisors, manage assets on a 50/50 split and the resulting overall portfolio is diversified and balanced with approximately 200 holdings. Vanguard’s emphasis on providing cost effective investment solutions means that investors also benefit from an exposure to these high-quality stock-pickers without paying a high price for the luxury.

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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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About Author

Matias Möttölä, CFA

Matias Möttölä, CFA  is a fund analyst and editor of