Even with an average pillar rating, Impact Shares has had impressive longevity among its product shelf. The firm's risk-adjusted success ratio is 100%, meaning that 100% of its strategies have both 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. Impact Shares 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. With an average tenure of six years among the longest-tenured managers at Impact Shares, 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.
What Does Chipotle’s Stock Split Mean for Investors?
The dominant fast-casual chain’s stock carries a fair value estimate of $40 per share following its 50-for-1 split.