We have placed the Morningstar Analyst Rating™ for Carmignac Portfolio Emergents Under Review following the news that manager Simon Pickard has stepped down from the fund. Previously the fund held a Bronze rating. Pickard has been succeeded by his colleagues Xavier Hovasse and David Park. We will be meeting with them to discuss their plans for the fund. Until such time, the rating is Under Review.
See the latest Morningstar fund rating news here.