A management change amid a period of uncharacteristically weak results and an uptick in analyst departures prompt a downgrade to Virtus KAR Small-Cap Growth’s People Pillar from High to Above Average, while the Process rating remains Above Average.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PSGAX’s performance objective and investment process is for both security selection and portfolio construction.
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