In its two-year history as a firm, there has been little evidence to suggest The Future Fund LLC is a superior steward of capital compared with other asset managers. The Future Fund LLC currently runs two vehicles, with a total of$ 11.5 million under management and a bench of two portfolio managers. As a small group, this management team is quite accomplished with about 18 years of average total industry experience.
High costs on open-end and exchange-traded funds at The Future Fund LLC represent a stiff headwind to performance. The average net expense ratio of its funds falls within the second-highest quintile compared with others.
To upgrade the firm's rating, The Future Fund LLC needs to build a consistent track record of positive investor experience.