An index change, lower risk ratings and clarifications on investment objectives were announced this week
Sustainalytics says the ratings give fixed-income investors a “holistic view” of country risk
The investment objectives and strategies of the funds remain the same
Risk ratings reduced for two funds, increased for another
Ratings have been lowered for two Renaissance Investments funds
Changes are effective immediately
Ratings have been lowered for six funds
Changes include fund mergers, reduced risk ratings and new investment objectives
Another fund has been terminated
Thirteen funds have new ratings