The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMIQX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FMIQX 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 FMIQX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Appeal remains despite a slightly dimmer view.
Chris Tate
Senior Analyst
Summary
Lower conviction in FMI Large Cap’s diligent approach results in a slightly dimmer view of an otherwise sound offering.