However, portfolio manager retention could be an area of improvement for the firm. Applied Finance has had higher turnover over the past five years, compared to peers, possibly signaling an unstable investment-team culture. The firm's lineup has been durable. It has had a five-year risk-adjusted success ratio of 100%, meaning that of the strategies with a five-year track record, 100% have both survived and beaten their respective category median on a risk-adjusted basis. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. The firm charges fees on its open-end and exchange-traded funds that are on par with category peers. On average, fees on its funds are within the middle quintile, giving it neither an advantage nor disadvantage compared with the competition.
One Fifth of Applied Materials Shareholders Vote to Address the Pay Gap
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