A mark that sets this steward apart is that managers invest significantly alongside fundholders. Almost 100% of the firm’s assets are covered by a$ 1 million investment, in an effort to align portfolio manager and shareholder interests. Capital Advisors has brought continuity to its product shelf, with low portfolio management turnover compared with peer firms over the past five years. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to Capital Advisors's rating and creating a larger performance hurdle. The firm's fund fees, on average, fall within the second most-expensive quintile of similarly distributed strategies.
Proxy Advisors Have Too Much Power, Says Elon Musk. Is He Right?
Here’s what investors should know about the role of proxy advisors.