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Summit Global

Summit Global Parent Rating

Low

In an increasingly competitive industry, Summit Global falls behind on a number of key metrics, resulting in a Low Parent Pillar rating.

Despite the negative rating, an area of strength of the firm is manager investment. Over 33% of the firm's assets are covered by invested managers, in an effort to align portfolio manager and shareholder interests. Open-end and exchange-traded fund fees are a weakness at the firm, contributing negatively to the rating. On average, the firm charges fees on its funds that are in the second most-expensive quintile of category peers. With the current market environment of fee compression, this is cause for concern, as investors may flock to alternate asset managers over time to get a better deal. On average, Summit Global's longest-tenured portfolio managers have accrued 11 years of tenure. This level of manager experience should give investors confidence in the group's ability to handle differing market conditions.

Summit Global Investments

Market

US Open-end ex MM ex FoF ex Feeder

Total Net Assets

424.25 Mil

Investment Flows (TTM)

−275.98 Mil

Asset Growth Rate (TTM)

−43.86%

# of Share Classes

7
Morningstar Rating # of Share Classes
0
0
3
1
3
Not Rated 0

Exchange-Traded Funds

See All Summit Global ETFs

Market

US ETFs

Total Net Assets

264.36 Mil

Investment Flows (TTM)

117.55 Mil

Asset Growth Rate (TTM)

99.97%

# of Share Classes

4
Morningstar Rating # of Share Classes
0
0
0
0
0
Not Rated 4

Morningstar Mentions

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