Morningstar

AMG Veritas Global Real Return Fund - Class I BLUEX

Medalist Rating as of Nov 10, 2026 See AMG Investment Hub

Will BLUEX outperform in the future?

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

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Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BLUEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BLUEX 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 BLUEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound and careful approach guided by in-depth research.

Principal Francesco Paganelli

Francesco Paganelli

Principal

Summary

Even after its recent setbacks, Veritas Global Real Return remains a solid choice, in our view, owing to a cohesive and well-rounded team that has stayed true to its sound and proven investment philosophy through different market environments. However, Veritas recently implemented leadership and organizational changes across its global-equity fund range that have ultimately weakened our conviction in the team. As a result, we downgrade the People Pillar rating to Above Average from High.

by Francesco Paganelli

Rated on Apr 27, 2026 Published on Nov 10, 2026

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