Van Eyk tweaks Blueprint manager selection
The underlying manager line-up on van Eyk’s Blueprint International Shares Fund has been fine tuned, with the inclusion of the T.Rowe Price International Fund at the expense of both the NCIT — Capital International Global Share Trust and Perpetual’s International Share Fund.
The new manager has now been awarded a 22 per cent allocation to the Blueprint International Shares Fund.
Head of research at van Eyk Jerome Lander said: “T.Rowe Price has an excellent portfolio manager constantly re-optimising its portfolio. It also has good, high quality global research resources and solid business management processes.”
He revealed that the incumbent managers were excluded from the recommended line-up after van Eyk downgraded their ratings.
“They were compared against appropriate comparators and better options were found elsewhere. The competitors were found to have greater and more consistent value creation possibilities,” he explained.
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