Portfolio management turnover has been minimal at the firm since the firm's inception. Long-term stability signals a strong investment culture. Looking at the firm's risk-adjusted performance, the product lineup compares similarly to competitors. Across its open-end and exchange-traded funds, the firm's average overall Morningstar Rating is 2.8 stars. The longest-tenured managers’ average tenure is slim, two years, compared with peer firms. This contributes negatively to the rating as the current managers have limited experience running strategies at the firm.
Managed Futures: What to Know About This Strategy for ETFs
Their diversification benefit justifies their place in a portfolio during market downturns.
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