Elena Tedesco, veteran comanager of Calvert Emerging Markets Equity, will officially step down from that role on March 31, 2021, and leave subadvisor Hermes Investment Management shortly thereafter. This news does not alter the fund’s People rating of Average or its Morningstar Analyst Rating of Neutral.
Will CVMAX 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 CVMAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CVMAX 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 CVMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.