Rathbone Recovery: Qual. Rating Issued

Rathbone Recovery lacks strong appeal at this point.

Chetan Modi | 24-03-10 | E-mail Article

We have published a new Morningstar Qualitative Rating and Research Report for Rathbone Recovery.

"Rathbone merged its Special Situations and Smaller Companies funds in July 2009. This fund carries the track record of the small-cap fund but a new strategy was introduced to capitalize on market conditions, so that record has little relevance. The launch smacks a little of trend-hopping given recent events, but in fairness the strategy--if well executed--should work through all stages of the economic cycle...."

The full four-page PDF report can be accessed here. It is free to users of morningstar.co.uk.

Chetan Modi is a Fund Analyst at Morningstar UK. He would like to hear from you but cannot give investment advice. You can contact the author via this feedback form.
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