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Morningstar

KL Allocation Institutional GAVIX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 11.45  /  0.79 %
  • Total Assets 46.7 Mil
  • Adj. Expense Ratio
    1.250%
  • Expense Ratio 1.280%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Tactical Allocation
  • Investment Style Mid Growth
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Status Open
  • TTM Yield 0.00
  • Turnover 206%

USD | NAV as of Jan 31, 2023 | 1-Day Return as of Jan 31, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis GAVIX

Will GAVIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GAVIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the GAVIX 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 GAVIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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Weakness in KL Allocation Institutional's People and Process Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

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