The firm's lasting product shelf is its strength. Its five-year risk-adjusted success ratio of 100% means 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. Nicholas has accumulated an excellent risk-adjusted track record across its open-end and exchange-traded funds, with an average overall Morningstar Rating of 4.0 stars. Nicholas has had high portfolio management turnover over the past five years compared with peers, detracting from its rating, as long-term stability tends to go together with positive results.
Victor Haghani: Lessons From the Missing Billionaires
Why investment sizing is an important—yet often overlooked—factor in investor outcomes.