Fees on the firm's open-end and exchange-traded funds are a weakness, contributing negatively to the rating and creating a larger performance hurdle on funds. On average, NorthQuest Capital charges fees on its funds that are in the highest quintile of similarly distributed funds. 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. A sign of strength at NorthQuest Capital is its longest-tenured management, which boasts 22 years of average tenure at the firm. This wealth of experience builds confidence that the group can navigate a variety of market environments adeptly. NorthQuest Capital has exhibited a reliable and stable portfolio management culture over the past five years, as evidenced by lower-than-average turnover, strengthening the assessment of the firm's stewardship.
Category
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