Renaissance Capital

A strength of Renaissance Capital is that its product shelf of open-end and exchange-traded funds is, on average, offered at a minimal cost, suggesting that it considers what's best for its investor base. On average, fees for funds are in the lowest quintile of respective category peers. A cause for concern at Renaissance Capital is its relatively inexperienced longest-tenured management. In particular, average tenure at the firm is only three years, a negative contributor to the rating. The Renaissance Capital roster of open-end and exchange-traded funds has had below-average risk-adjusted performance, as seen in its average five-year Morningstar Rating of 1.0 stars.