Armada currently manages two vehicles, with a total of$ 5.7 million under management and a bench of three fund managers. Despite Armada having a relatively short track record, its managers are seasoned--with an average of 15 years of total industry experience.
Armada deserves plaudits for its commitment to low fees for its open-end and exchange-traded funds, which showcases its willingness to prioritize investors. The firm's average net expense ratio across all funds is in the lowest quintile of firms.
To maintain an Average rating, Armada will be expected to maintain a consistent track record of positive investor experience.