Armada currently manages two vehicles, with a total of$ 5.4 million under management and a roster of three portfolio managers. The team has brought on a few, mostly veteran managers averaging about 15 years of total industry experience.
The below-average fees of Armada's open-end and exchange-traded funds display a commitment to maximizing investor returns. The average net expense ratio for its funds ranks within the cheapest quintile of peer asset managers.
To retain an Average rating, Armada will be expected to uphold a consistent track record of positive investor experience.