Because such events/behaviour may turn out to be totally different than anticipated, Morningstar does not assure that a fund will carry out consistent with its Morningstar Analyst Rating. Likewise, the Morningstar Analyst Rating shouldn’t be seen as any type of guarantee or evaluation of the creditworthiness of a fund or of its underlying securities and shouldn’t be used as the sole basis for making any investment determination. An S&P Capital IQ fund grading represents an opinion only and shouldn’t be relied on when investing choice. Copyright © 2014 by McGraw-Hill international (UK) Limited (S&P), a subsidiary of The McGraw-Hill Companies, Inc. The offshore funds described within the following pages are administered and managed by firms within the BlackRock Group and may be marketed in certain jurisdictions solely.
As ever, this represents a significant a part of the portfolio and once more includes numerous holdings that were ‘top sliced’ …read more >