Crypto's Crash Reinforces Old Lessons for Fund Investors
What we found when we looked at the damage cryptocurrencies’ catastrophic 2022 had on certain mutual funds we cover.
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What we found when we looked at the damage cryptocurrencies’ catastrophic 2022 had on certain mutual funds we cover.
After a hot 2021, we unpack five funds' performance.
Susan Dziubinski: Hi, I'm Susan Dziubinski with Morningstar. Cryptocurrencies like bitcoin have been making headlines, but have they been making their way into fund portfolios? Joining me today to discuss that topic is Russ Kinnel. Russ is Morningstar's director of manager research and editor of Morningstar FundInvestor. Hi Russ, thanks for being here today. Russ Kinnel: Glad to be here. Dziubinski: How common are cryptocurrencies in fund portfolios today, and do you expect to see sort of an uptake in cryptocurrency plays in 2021? Kinnel: It's interesting. At this point, you don't to see any...
The following is our latest Fund Analyst Report for Emerald Banking and Finance Investor (FFBFX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days. Emerald Banking & Finance has moved outside its circle of competence. The Morningstar Analyst Ratings on its cheapest share class falls to Neutral from Bronze. More expensive shares remain rated Neutral. Longtime manager...