A strength of Edgewood is its experienced longest-tenured portfolio managers, who have accrued an average 28 years of tenure. This experience should give investors confidence in the group's ability to navigate a variety of conditions. A detractor from the firm's rating is its lower-than-average portfolio management retention over the past five years, as elevated turnover bears watching. Edgewood fails to showcase longevity across its product shelf, as evidenced by its three-year risk-adjusted success ratio. This means that, over this time period, only 0% of its roster has been able to survive and beat its respective category median on a risk-adjusted basis. A low success ratio indicates poor performance and raises questions about a firm’s discipline around investment strategy and product development.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.