The removal of one of American Beacon Large Cap Value's subadvisors alters the fund's profile but not its Morningstar Analyst Rating of Bronze for cheaper share classes and Neutral for pricier shares.
Will AVASX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AVASX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AVASX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AVASX’s parent organization’s priorities and whether they’re in line with investors’ interests.