There's Less Than Meets the Eye for These Funds
Four funds whose Morningstar Analyst Ratings are worse than their star ratings.
Morningstar's recently launched, forward-looking Morningstar Analyst Ratings generally correlate with their respective backward-looking Morningstar Ratings for funds (commonly known as the star rating), though there are exceptions.
Especially for investors used to screening based on stars, a seemingly conflicting Analyst Rating should serve as a warning to dig deeper into reasons the future may not be as rosy as the past.
Janet Yang, CFA does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.