AB Discovery Growth employs a reasonable, proven approach, but the retirement of longtime co-CIO of U.S. small/smid-cap equities and lead manager Bruce Aronow clouds its prospects. Its Morningstar Analyst Rating drops to Bronze or Neutral from Silver or Bronze, depending on share class fees.
AB Discovery Growth A CHCLX
NAV / 1-Day Return
9.95
/
0.10
%
Total Assets
3.1 Bil
Adj. Expense Ratio
0.910%
Expense Ratio
0.910%
Fee Level
Low
Longest Manager Tenure
13.79
years
Category
Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
2,500
Status
Open
TTM Yield
0.00%
Turnover
75%
Morningstar’s Fund Analysis CHCLX
Will CHCLX 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 CHCLX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CHCLX 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 CHCLX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Upcoming retirement to test an already small team.
