Why mlc has chosen capital group in emerging markets?

The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value.

MLC has selected Presima because they are a specialist global properties manager.

This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks.

Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here. The Quantitative Fair Value Estimate is calculated daily. For detail information about the Quantiative Fair Value Estimate, please visit here. The Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time.

Vehicles are sorted by their expected performance into rating groups defined by their Morningstar Category and their active or passive status.

Why MLC has chosen Amundi?

When analysts directly cover a vehicle, they assign the three pillar ratings based on their qualitative assessment, subject to the oversight of the Analyst Rating Committee, and monitor and reevaluate them at least every 14 months. When the vehicles are covered either indirectly by analysts or by algorithm, the ratings are assigned monthly.

For more detailed information about these ratings, including their methodology, please go to here. The Morningstar Medalist Ratings are not statements of fact, nor are they credit or risk ratings. A change in the fundamental factors underlying the Morningstar Medalist Rating can mean that the rating is subsequently no longer accurate. For information on the historical Morningstar Medalist Rating for any managed investment Morningstar covers, please contact your local Morningstar office.