The French presidency is based on a semi-presidential system where both a president and a prime minister are active participants in the day-to-day administration of the state. France's president appoints a prime minister, who then forms a government.
The Portfolio Management Rating is the same as our Stock Rating except that we incorporate Asset Allocation in the Portfolio Management Rating. The Total Annual Costs Rating captures the all-in cost of being in a fund over a 3-yr holding period, the average holding period of all mutual fund investors.
The table below lists the 19 Top 10 stocks held by at least three dividend-focused mutual funds. In addition, the table also shows the subset of Morningstar 4- and 5-star rated funds that hold the same stocks as a Top 10 holding.