Morningstar

Celeste Australian Small Companies 6419 Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Celeste Funds Management Investment Hub

Morningstar’s Analysis 6419

Will 6419 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 6419’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the 6419 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 6419’s parent organization’s priorities and whether they’re in line with investors’ interests.

A time-tested process that holds our conviction, but continual team changes remain a watchpoint.

Senior Analyst Zunjar Sanzgiri

Zunjar Sanzgiri

Senior Analyst

Summary

The Celeste Australian Small Companies strategy is a credible investment in the Australia equity mid/small-blend Morningstar Category. The rating is supported by a disciplined quality and valuation-driven investment process. Portfolio managers Paul Biddle and Martin Byers are industry veterans, but our views for the People Pillar are tempered by the instability in the analyst resources that is a concern.

by Zunjar Sanzgiri
Rated on Published on

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