Morningstar

Amova-StraitsTrading Asia ex Japan REIT Index ETF CFA ETF Analysis

Morningstar Medalist Rating
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Morningstar’s Analysis CFA

Will CFA outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CFA’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CFA management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CFA’s parent organization’s priorities and whether they’re in line with investors’ interests.

This fund offers niche exposure to the Asia ex-Japan REIT market.

Analyst Hunter Beaudoin

Hunter Beaudoin

Analyst

Summary

Amova-StraitsTrading Asia ex-Japan REIT Index ETF's portfolio represents a small subset of the investment opportunity set available to its peers in the property indirect Asia Morningstar Category, but this narrow focus has not resulted in elevated risk over the long term. It is managed by Amova’s Singapore-based team, which runs a small portion of the firm's overall passive assets under management. At a global level, Amova has a long history in passive fund management and is well-equipped in the space. As a result, the strategy earns a Process rating of Average and a People rating of Above Average. The exchange-traded fund was renamed from NikkoAM-StraitsTrading Asia ex-Japan REIT ETF effective Sept. 1, 2025, following the firm's rebranding.

by Hunter Beaudoin
Rated on Published on

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