Marsico fails to meet industry-standard stewardship qualities, culminating in a Below Average Parent Pillar rating. Marsico open-end and exchange-traded products are costlier than similarly distributed funds at other highly-rated asset managers, on average in the second 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. Manager turnover at Marsico over the past five years has been higher than at peer asset management firms, potentially a signal that company culture is a bit unstable. Experienced longest-tenured management is a core advantage that Marsico has over others. Average tenure across management is 15 years, building confidence that the group has been put through its paces.
MarketUS Open-end ex MM ex FoF ex Feeder
Total Net Assets1.25 Bil
Investment Flows (TTM)−185.08 Mil
Asset Growth Rate (TTM)−10.69%
# of Share Classes10
# of Share Classes
Morningstar Rating Overall
5-Year Category Rank
|Marsico International Opportunities Inst||—|
|Marsico Global Institutional||—|
|Marsico Focus Institutional||—|
|Marsico Midcap Growth Focus Instl||—|
The Morningstar Star Rating for Funds is a purely quantitative measure of a fund's past performance, measured from one to five stars. Star ratings are calculated at the end of every month. Investments must have at least 36 continuous months of total returns to receive a rating.