A negative contributor to Wireless's rating is its lower-than-average portfolio management retention over the past five years, as elevated turnover bears watching. Wireless open-end and exchange-traded products are priced, on average, among the highest quintile of similarly distributed strategies. This higher expense profile of its funds creates a larger performance hurdle and contributes negatively to Wireless's rating.
Wireless is an industry-standard asset manager, resulting in an Average Parent Pillar rating.