Shelton

The firm's lasting product shelf is its strength. Its 10-year success ratio of 72% means that 72% of its strategies have both survived and beaten their respective category median. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. Longest-tenured managers’ average asset-weighted tenure within the firm is 19 years, bringing a wealth of knowledge through multiple market cycles and ultimately contributing positively to the rating. Shelton has had high portfolio management turnover over the past five years compared with peers, detracting from its rating, as long-term stability tends to go together with positive results.