Destination

With an average asset-weighted tenure of seven years among the longest-tenured managers at Destination, 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. The firm’s lineup has demonstrated industry-average durability. Its five-year success ratio is 44%, meaning that 44% of strategies have both survived and beaten their respective category median. A firm's success ratio indicates relative performance and provides insight into a firm’s discipline around investment strategy and product development. The firm's risk-adjusted performance compares similarly to competitors. Across all open-end and exchange-traded funds, the firm's average five-year Morningstar Rating is 3.3 stars, which is about standard.