Zenith delivers ‘recommended’ rating to Morningstar IM funds
The investment management arm of research and ratings house, Morningstar, has looked to another investment research provider, Zenith, to rate its multi-asset real return funds.
Morningstar announced today that the funds had received a ‘recommended' rating from Zenith.
The funds in question are objective-based multi-asset offerings that invest across a broad range of asset classes and investment strategies.
The ratings apply to Morningstar Aggressive Real Return (APIR: INT0040AU), Morningstar High Growth Real Return (APIR: INT0042AU), Morningstar Growth Real Return (APIR: INT0038AU), Morningstar Balanced Real Return (APIR: INT0028AU), and Morningstar Conservative Real Return (APIR: INT0034AU).
Commenting on the ratings, Morningstar Investment Management chief investment officer, Andrew Lill, said: "Zenith's ratings provide a rigorous endorsement of the quality of our approach to multi-asset investing".
"We remain focused on building world-class investment strategies that leverage our proprietary research to deliver great outcomes for Australian investors. We're also committed to operating in accordance with our principles of taking a fundamental, valuation-driven approach, building portfolios holistically, investing for the long-term, being independent-minded, striving to minimise costs, and putting the interests of investors first."
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Mike Taylor
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