We have undertaken a review of our list of rated North American equity funds and have decided to downgrade the star ratings of a number of funds we currently cover in our research, including Cullen North American High Dividend.
We are looking to focus our research on a more limited number of equity fund ideas in which we have higher levels of conviction.
This fund is now rated as a one-star ‘switch’ – this is to reflect the withdrawal of future coverage. Our alternative, high-conviction ideas will benefit from our ongoing monitoring.
This does not constitute personal advice. If you are in doubt as to the suitability of an investment please contact one of our advisers. Past performance is not a guide to future performance.
Different funds carry varying levels of risk depending on the geographical region and industry sector in which they invest. You should make yourself aware of these specific risks prior to investing.
Fund manager
Jennifer Chang/James Cullen
Date
Fund rating
Analyst
Harry Driscoll
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