A strength of the steward is the longest-tenured portfolio managers’ average tenure of 17 years at the firm, bringing extensive experience to the table. Portfolio manager turnover at Plumb Trust has been low over the past five years, building confidence that the firm is working to establish a stable and engaging culture. Plumb Trust fails to showcase longevity across its product shelf, as evidenced by its three-year risk-adjusted success ratio. This means that, over this time period, only 0% of its roster has been able to survive and beat its respective category median on a risk-adjusted basis. A low success ratio indicates poor performance and raises questions about a firm’s discipline around investment strategy and product development.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.