Gateway's veteran managers bring a wealth of experience, but the strategy's middling process does not stand out against peers in the option-writing Morningstar Category. Under our enhanced ratings framework that places a higher emphasis on the underlying pillars, the Morningstar Analyst Rating has been downgraded to Neutral from Bronze for all share classes.
Will GATEX 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 GATEX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GATEX 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 GATEX’s parent organization’s priorities and whether they’re in line with investors’ interests.