Invesco Small Cap Equity's team looks different than it has in previous years, but its remaining members have shown that the robust process provides enough of an advantage to merit a Morningstar Analyst Rating of Bronze for cheaper share classes. More expensive share classes are rated Neutral.
Will SMERX 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 SMERX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SMERX 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 SMERX’s parent organization’s priorities and whether they’re in line with investors’ interests.