FPA Crescent is an unconventional allocation strategy whose share classes still earn Morningstar Analyst Ratings of Gold for its quirky yet effective approach.
Will FPACX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FPACX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FPACX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FPACX’s parent organization’s priorities and whether they’re in line with investors’ interests.