Emerald Banking & Finance has moved outside its circle of competence. The Morningstar Analyst Ratings on its cheapest share class falls to Neutral from Bronze. More expensive shares remain rated Neutral.
Emerald Banking and Finance Investor FFBFX
NAV / 1-Day Return
46.00
/
3.23
%
Total Assets
221.8 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.530%
Expense Ratio
1.530%
Fee Level
High
Longest Manager Tenure
24.43
years
Category
Financial
Investment Style
Small GrowthMin. Initial Investment
2,000
Status
Open
TTM Yield
0.00%
Turnover
171%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FFBFX 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 FFBFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FFBFX 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 FFBFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Big changes diminish this strategy’s appeal.
