First State Asia Pacific Sustainability - Silver

FUND RESEARCH UPDATE: Fund upgraded to Silver.

Ruli Viljoen 29 November, 2013 | 12:41AM
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Following the Morningstar OBSR Analyst Ratings Meeting on 15th November 2013, we have upgraded the First State Asia Pacific Sustainability fund to a Morningstar OBSR Analyst Rating™ of Silver. The fund previously held a Bronze Rating. The fund benefits from a solid investment approach and high-calibre team. We continue to be impressed with the fund managers, David Gait and Sashi Reddy, and the fund’s tried-and-tested investment process, which seeks companies with high-quality management teams that have the vision and ability to manage the environmental, social and governance risks and opportunities facing their businesses. We believe the fund merits a Silver Rating.

See the latest Morningstar OBSR fund rating news here.

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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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Stewart Inv Asia Pac Sustnby A GBP Acc7.89 GBP-0.57Rating

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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