HVIA Equity Fund

With an average tenure of eight years among the longest-tenured managers at HVIA Equity Fund, 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. HVIA Equity Fund open-end and exchange-traded products are priced, on average, among the second most-expensive quintile of similarly distributed strategies. This higher expense profile of its funds creates a larger performance hurdle and contributes negatively to HVIA Equity Fund's rating.