Persimmon Funds open-end and exchange-traded products are more expensive than similarly distributed funds at other highly-rated asset managers, on average in the second most expensive quintile of category peers. The higher expense profile contributes negatively to the firm's overall stewardship rating and creates a larger performance hurdle. The Persimmon Funds portfolio management team has lacked continuity over the past five years, denoted by elevated levels of turnover, which bears watching. With an average five-year Morningstar Rating of 4.0 stars across its lineup of open-end and exchange-traded strategies, the firm has demonstrated its ability to deploy capital successfully for investors. The metric measures the average risk-adjusted performance of an asset manager's product shelf.
Persimmon Funds fails to meet industry-standard stewardship qualities, culminating in a Below Average Parent Pillar rating.
United States