ALPS/Red Rocks Global Opportunity’s thin team, coupled with a strategy that has boosted costs and volatility, warrant a downgrade its Morningstar Analyst Rating to Negative from Neutral across its share classes.
Will LPEIX 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 LPEIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LPEIX 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 LPEIX’s parent organization’s priorities and whether they’re in line with investors’ interests.