Donoghue Forlines

Donoghue Forlines lags peer asset managers in a number of stewardship qualities, resulting in a Low Parent Pillar rating. Donoghue Forlines open-end and exchange-traded products are more expensive than similarly distributed funds at other highly-rated asset managers, on average in the most expensive quintile of category peers. The higher expense profile contributes negatively to the firm's overall stewardship rating and creates a larger performance hurdle. The firm's risk-adjusted performance is poor. Across all open-end and exchange-traded products, the firm’s average 10-year Morningstar Rating is 2.3 stars. Donoghue Forlines fails to showcase longevity among its product shelf, as evidenced by its five-year success ratio. This means that, over this time period, only 0% of its roster has been able to survive and beat its respective category median. A low success ratio not only indicates poor performance but also raises flags about a firm’s discipline around investment strategy and product development.