In its one-year history as a firm, there has been little evidence to suggest Cromwell Investment is a superior steward of capital compared with other asset managers. Cromwell Investment currently oversees one vehicle, with a total of$ 42.8 million under management and a bench of two fund managers.
The firm runs reasonably priced open-end and exchange-traded funds, with the average net expense ratio falling within the middle quintile of firms. Additionally, it'd be helpful to see a greater commitment from Cromwell Investment to investor transparency by disclosing portfolio holdings more often than is required by regulations.
To upgrade the firm's rating, Cromwell Investment needs to build a consistent track record of positive investor experience.