Morningstar

Delaware Wealth Builder A DDIAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Macquarie Investment Hub

Morningstar’s Analysis DDIAX

Will DDIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DDIAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DDIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DDIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Delaware Wealth Builder Under Review

null Hyunmin Kim

Hyunmin Kim

Analyst Note

The SEC has fined Macquarie Investment Management, the parent company of Delaware Investments, $80 million, according to a settlement issued on Sept. 19, 2024. The SEC alleges that, between 2017 and 2021, Macquarie improperly valued some illiquid mortgage derivative securities and improperly cross-traded them between private accounts and public mutual funds, primarily to the detriment of the funds. Macquarie noted the involvement of 10 US mutual funds, including Delaware Wealth Builder. The firm agreed to pay the fine without admitting or denying any wrongdoing. In view of these developments, we are placing the fund Under Review.

by Hyunmin Kim
Published on

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