The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGFAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FGFAX 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 FGFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Middling overall at this point.
William Samuel Rocco
Senior Analyst
Summary
Federated International Leaders and the corresponding SMA retain their People and Process Ratings of Average amid some notable changes in recent years.