We have placed the Morningstar Analyst Rating™ for BlackRock Commodities Income (BRCI) Under Review following the news that manager Richard Davis is stepping down from the fund. Previously the fund held a Bronze Rating. Davis has been succeeded by his colleague Olivia Ker and, like Davis, she will be deputised by Tom Holl. This is the first time that Ker has been the lead manager on a portfolio, and we will be meeting with her to discuss her plans for the fund. Until such time, the rating is Under Review.
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