Fees on the firm's open-end and exchange-traded funds are a weakness, contributing negatively to the rating and creating a larger performance hurdle on funds. On average, Investment House charges fees on its funds that are in the most expensive quintile of similarly distributed funds. With the current market environment of fee compression, this is cause for concern, as investors may flock over time to alternate asset managers to get a better deal. On average, Investment House's longest-tenured strategy managers have 22 years of tenure. This level of experience should give investors confidence in the group's ability to handle turbulent market conditions. Looking at the firm's risk-adjusted performance, its fund lineup compares similarly to competitors. Across its open-end and exchange-traded funds, the firm's average five-year Morningstar Rating is 3.0 stars.
It’s Time to Clean Your Investment Portfolio
This is an opportunity to check in with yourself: Why are you investing?