LeaderShares

Portfolio management turnover has been minimal at the firm since the firm's inception. Long-term stability indicates a strong investment culture. A notable weakness of LeaderShares is the inexperience of its longest-tenured managers compared with other asset managers. Managing capital through a full market cycle is a challenging prospect for seasoned managers, but with only three years of average tenure, there's cause for concern. The product lineup at LeaderShares has exhibited discouraging initial results. Its three-year success ratio stands at 0%, meaning that 0% of its products have survived and beaten their respective category median. A low success ratio not only indicates weak performance but also provides insight into a firm's discipline around investment strategy and product development.