Longevity at the firm has been impressive. Its five-year success ratio is 69%, meaning that 69% of the products have both survived and beaten their respective category median. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. Grandeur Peak's risk-adjusted performance compares similarly to competitors. Across its open-end and exchange-traded funds, the firm’s average overall Morningstar Rating is 3.4 stars, which is about standard. The firm charges fees on its open-end and exchange-traded funds that are on par with category peers. On average, fees on its funds are within the middle quintile, giving it neither an advantage nor disadvantage compared with the competition.
Which Funds Are Taking Big Losses on First Republic Bank Stock?
A wide range of actively managed stock funds had outsize bets on the struggling bank.