Scharf Investments

Managers at Scharf Investments are at the top of the industry when it comes to eating their own cooking. Almost 75% of the firm’s assets are represented by a manager who invests at least$ 1 million in their respective product, in an effort to align portfolio manager and shareholder interests. Turnover among Scharf Investments's portfolio management ranks has been low compared to other firms in the past five years. This stability on the personnel front boosts confidence in its staying power. Scharf Investments open-end and exchange-traded products are priced, on average, among the second most-expensive quintile of similarly distributed strategies. This higher expense profile of its funds creates a larger performance hurdle and contributes negatively to Scharf Investments's rating.