Seasoned leadership, but execution risk moderates our conviction. We value the lead manager’s extensive experience navigating multiple market cycles and the increased stability within the team, but key-person and execution risks constrain the People and Process Pillar ratings to Average.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AUUCX’s performance objective and investment process is for both security selection and portfolio construction.
United States