Grimaldi

Grimaldi open-end and exchange-traded products are more expensive than similarly distributed funds at other highly-rated asset managers, on average in the highest 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 overall Morningstar Rating is 2.0 stars. The longest-tenured managers’ average tenure within the firm is 14 years, bringing a wealth of knowledge through multiple market cycles to the table and contributing positively to the rating.