The setbacks endured by Invesco Developing Markets over the past 12 months raise some concerns, but the strategy's strengths, which include an accomplished manager and a long record of success, remain intact. The strategy retains its Morningstar Analyst Rating of Bronze for all share classes except the C shares, which are Neutral.
Morningstar’s Fund Analysis ODMAX
Will ODMAX 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 ODMAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ODMAX 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 ODMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.