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Morningstar

First Foundation Total Return Y FBBYX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See First Foundation Investment Hub

Morningstar’s Analysis FBBYX

Will FBBYX outperform in future?

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

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBBYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FBBYX 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 FBBYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

First Foundation Total Return Y's recent People Pillar rating increase more than offsets the negative impact of its fee hike, resulting in an improvement in its Morningstar Medalist Rating to Silver from Bronze. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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