Even with an average pillar rating, Meeder Funds has had impressive longevity among its product shelf. The firm's risk-adjusted success ratio is 89%, meaning that 89% 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. A sign of strength at Meeder Funds is its longest-tenured management, which boasts 25 years of average asset-weighted tenure at the firm. This wealth of experience builds confidence that the group can navigate a variety of market environments adeptly. Despite other redeeming qualities as a firm, Meeder Funds has seen some disruption among its portfolio management ranks in the past five years, denoted by elevated turnover compared to peer asset-management firms. Long-term stability tends to support positive results.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.