Aquila Churchill Tax-Free Fund of Kentucky plies a straightforward process with limited supporting resources. The lack of any clear edge or red flags results in a Morningstar Analyst Rating of Neutral on its cheaper share classes and Negative on its most expensive share class.
Will CHKIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CHKIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CHKIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CHKIX’s parent organization’s priorities and whether they’re in line with investors’ interests.