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American Funds Fundamental Invs R2 RFNBX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See American Funds Investment Hub

Morningstar’s Analysis RFNBX

Will RFNBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RFNBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RFNBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RFNBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A Swap at the Top Doesn’t Affect American Funds Fundamental Investors’ Ratings

null Stephen Welch

Stephen Welch

Analyst Note

Capital Group has announced that Brady Enright stepped down as lead principal investment officer of American Funds Fundamental Investors on April 1. Mark Casey, who has overseen the contributions of a team from Capital International Investors to this strategy since July 2018, will take Enright’s place allocating capital to the managers’ independently run portions of the portfolio. Enright will remain a manager on the strategy. Given Enright’s continued involvement and Casey’s readiness for the lead PIO role, the changes affect neither the strategy’s Above Average People and Process ratings nor its share classes’ respective Morningstar Medalist Ratings.

by Stephen Welch
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