Columbia Capital Allocation’s target-risk series follows an undistinguished process with a mixed bag of underlying proprietary funds. It continues to earn a Morningstar Analyst Rating of Neutral across most share classes. Under our new rating methodology, the most expensive share class of the conservative fund has been downgraded to Negative.
Will AXBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AXBAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AXBAX 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 AXBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.