Why We've Downgraded This Fine Vanguard Fund
Vanguard Health Care manager Jean Hynes is taking on a much larger role at subadvisor Wellington.
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Vanguard Health Care's personnel advantage won't be as pronounced after its manager takes on a second role in mid-2021, so its People rating has been lowered to Above Average from High, and the Morningstar Analyst Ratings of both its share classes have been downgraded to Silver from Gold as a result.
William Samuel Rocco does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.