A sign of strength at Mundoval is its longest-tenured management, which boasts 19 years of average tenure at the firm. This wealth of experience builds confidence that the group can navigate a variety of market environments adeptly. Fees on open-end and exchange-traded funds are a weakness of the firm, contributing negatively to the rating. On average, expenses on its funds are within the highest quintile compared with category peers. With the current market environment of fee compression, this is cause for concern, as investors may flock over time to alternate asset managers to get a better deal.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.