MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, August 20, 2013 M* Rates Five Funds For the First Time We all have a first time. Morningstar rated five funds for the first time. Fidelity [profile] Real Estate Investment received a Bronze because it has a well-executed, albeit "modest" strategy, and has beaten most of its peers, Morningstar's Russel Kinnel writes. DFA [profile] International Small Company received a Silver rating because it offers good small-cap exposure and performs better than most small cap benchmarks in the U.S. and worldwide, Kinnel writes. RS Funds [profile] RS Value has been given a Neutral rating because it is overhauling its strategy and is implementing risk controls, but Kinnel writes that the problems it has encounters should have been apparent in the beginning. Vanguard [profile] FTSE All-World ex-US SmallCap was rated Silver as Vanguard chose its index well and Kinnel expects "big things" in the fund's future. Kinnel writes that Vanguard Strategic Equity gets a Neutral rating because its long-term record is not "stellar" but "adequate" in comparison to Vanguard's other quant funds. To read more, click here. Printed from: MFWire.com/story.asp?s=45617 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |