Reinhartfunds

With an average asset-weighted tenure of seven years among the longest-tenured managers at Reinhartfunds, the firm is on par with peers. Seasoned teams tend to have more experience to draw upon should they need to weather turbulent market conditions. Open-end and exchange-traded fund fees are a weakness at the firm, contributing negatively to the rating. On average, the firm charges fees on its funds that are in the second most-expensive quintile of category peers. With the current market environment of fee compression, this is cause for concern, as investors may flock to alternate asset managers over time to get a better deal. Turnover among Reinhartfunds portfolio management ranks has been low compared to other firms in the past five years. This stability on the personnel front boosts confidence in its staying power.