BlackRock Balanced Capital has a seasoned manager at the helm and disciplined underlying funds, and it follows a sophisticated process. Yet this strategy is somewhat limited by its U.S. focus, which narrows its investment universe relative to peers and inhibits the team from fully expressing its tactical views; the team’s other strategies have a global focus that allows for a wider breadth of ideas. Its three cheapest share classes maintain a Morningstar Analyst Rating of Bronze, while the two more expensive share classes have been downgraded to Neutral.
Will MRBPX 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 MRBPX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MRBPX 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 MRBPX’s parent organization’s priorities and whether they’re in line with investors’ interests.