Five funds ejected from ii Super 60 following Morningstar makeover

Two-thirds of funds outperformed

Following its takeover of the interactive investor Super 60 list, Morningstar has made a series of changes to the list, including the removal of the UK Buffettology fund and Liontrust Special Situations fund because of concerns over size.

Prior to handing the list over to Morningstar's Manager Selection Services Group, ii had put the UK Buffettology fund, JP Morgan European Income trust and Crux European Special Situations fund under formal review. While the Crux fund has been retained, as Morningstar has faith in the manager's ability to identify winning companies, the other two have been replaced. The Buffettology fund will be replaced with the Jupiter UK Special Situations fund, as the fund pickers have concerns about the impact of the fund's size and the composition of the ownership. Morningstar said if inflows ...