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Virtus AllianzGI Global Small-Cap P ARSPX

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Morningstar’s Analysis

Will ARSPX outperform in future?

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Yet Another Manager Transition at AllianzGI Global Small Cap

Analyst Note

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In an Oct. 21 supplementary prospectus filing, Allianz Global Investors announced that comanager Timothy McCarthy would step off AllianzGI Global Small-Cap’s management roster and leave the firm on Nov. 6. His departure doesn’t change the fund’s Morningstar Analyst Rating range of Neutral to Negative, depending on share class, but it does reinforce the strategy’s Below Average People and Process ratings.

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