A cause for concern at Regan Capital is its inexperienced longest-tenured managers. In particular, the cohort has only three years of average asset-weighted tenure, negatively contributing to the rating. A detractor from the firm's rating is its lower-than-average portfolio management retention since the firm's inception, as elevated turnover bears watching. The firm's lineup has had encouraging initial results. Its three-year risk-adjusted success ratio is 100%, meaning that of the funds with a three-year track record, 100% have survived and beaten their respective category median on a risk-adjusted basis.
Eric Balchunas: Assessing Jack Bogle's Monumental Legacy
The author and financial analyst talks about his new book, The Bogle Effect, in which he chronicles the Vanguard founder's personal and professional journey and the impact he had on investors during his fabled career.