Port Street Investments

Port Street Investments open-end and exchange-traded products are costlier than similarly distributed funds at other highly-rated asset managers, on average in the second most expensive quintile of category peers. The higher expense profile contributes negatively to the firm's overall stewardship rating and creates a larger performance hurdle. The Port Street Investments portfolio management team has lacked continuity over the past five years, denoted by elevated levels of turnover, which bears watching. On average, Port Street Investments's longest-tenured portfolio managers have accrued 10 years of tenure. This level of manager experience should give investors confidence in the group's ability to handle differing market conditions.