A contributing factor to the firm's favorable rating is its impressive track record of endurance. The Frost five-year risk-adjusted success ratio is 75%, meaning that over the period, 75% of its products have 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. Frost has served investors well through its very competitive risk-adjusted performance, with an average 10-year Morningstar Rating of 3.8 stars across its open-end and exchange-traded funds. Frost has undergone a bout of turnover in the past five years, as seen in its lower-than-average portfolio manager retention. This is a concern, as long-term stability tends to support positive results.
Frost remains well-positioned in an increasingly competitive industry, earning it an Above Average Parent Pillar rating.