A source of strength is that the firm has been skilled at holding onto portfolio management talent, providing continuity for strategies, as evidenced by low turnover over the past five years compared with others in the industry. Cantor Fitzgerald has showcased a durable product shelf. This is demonstrated by the firm's three-year risk-adjusted success ratio of 75%, meaning that 75% of its products have both survived and beaten their respective category median on a risk-adjusted basis. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to Cantor Fitzgerald's rating and creating a larger performance hurdle. The firm's fund fees, on average, fall within the second most-expensive quintile of similarly distributed strategies.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.