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BNY Mellon Appreciation I DGIGX Fund Analysis

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Morningstar’s Fund Analysis DGIGX

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Fayez Sarofim Dies at 93

Analyst Note

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Fayez Sarofim, who founded his eponymous investment firm in 1958, has died at age 93. Sarofim was still listed as a manager on BNY Mellon Appreciation and BNY Mellon Worldwide Growth but had long ago built out the team that runs these strategies on a day-to-day basis. As a result, their Above Average People rating and overall Morningstar Analyst Ratings are not impacted.

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