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Morningstar has published its latest monthly summary of Analyst Rating activity for 527 fund share classes, ETFs and separately managed accounts/collective investment trusts.
In August 2020, the research firm upgraded 46, downgraded 154 and added 26 to its coverage. Nineteen came under review due to material changes including manager departures.
Of the 117 unique strategies (after "sifting out" multiple share classes and vehicles), analysts assigned first-time ratings to five.
The Morningstar Analyst Rating keeps track of a fund's ability to outperform on a risk-adjusted basis over the long term.
