In August 2020, First Eagle Fund of America will shift to inexperienced managers and a promising but unproven approach. The changes warrant a Morningstar Analyst Rating of Neutral across its share classes.
Will FEAFX 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 FEAFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FEAFX 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 FEAFX’s parent organization’s priorities and whether they’re in line with investors’ interests.