The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CIPIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CIPIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CIPIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Downgraded.
Eric Schultz
Analyst
Summary
Unexpected personnel departures and process complacency support a downgrade of Champlain Mid Cap’s People and Process ratings to Above Average from High.