Victory Munder Multi-cap’s unaccomplished team and average process make it a weak proposition, and lofty fees are enough to downgrade all share classes to a Morningstar Analyst Rating of Negative.
Will MNNAX 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 MNNAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MNNAX 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 MNNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.