ACR

Longevity at the firm has been impressive. Its five-year success ratio is 100%, meaning that 100% of the products have both survived and beaten their respective category median. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. Longest-tenured managers’ average asset-weighted tenure within the firm is 24 years, bringing a wealth of knowledge through multiple market cycles and ultimately contributing positively to the rating. The ACR roster of open-end and exchange-traded funds has had below-average risk-adjusted performance, as evidenced by its average three-year Morningstar Rating of 2.0 stars.