Parvest Equity USA Mid Cap - Silver

FUND RESEARCH UPDATE: Fund rating upgraded to Silver

Ruli Viljoen 30 May, 2014 | 10:45AM
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Following the Morningstar OBSR Analyst Ratings Meeting on 7th May 2014, we have upgraded the Parvest Equity USA Mid Cap fund to a Morningstar OBSR Analyst Rating™ of Silver. The fund previously held a Bronze rating. We are impressed by the stability of the three-person portfolio management team whose experience together, applying the same process, now totals more than a decade.  Investors in the fund have benefited from the continuity in management and the consistent application of the mid-cap value process, as evidenced by the fund’s outperformance relative to its US peers and benchmark. We therefore believe a Silver rating is a more appropriate reflection of the fund’s positive attributes.

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
BNP Paribas US Mid Cap Classic R363.88 USD0.45Rating

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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