Heitman

One of the most notable selling points of Heitman is its favorable fees for open-end and exchange-traded funds, signifying a dedication to investor interests. The firm's fees across their funds, on average, fall into the second-lowest quintile of peer strategies. 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. Heitman fails to showcase longevity across its product shelf, as evidenced by its five-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.