Columbia Acorn’s new management team still has to prove it can successfully implement its strategy here, warranting a Morningstar Analyst Rating of Neutral for all share classes.
Morningstar’s Fund Analysis LACAX
Will LACAX 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 LACAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LACAX 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 LACAX’s parent organization’s priorities and whether they’re in line with investors’ interests.