Sound Income Strategies

The firm has had encouraging initial results among its product shelf. Its three-year risk-adjusted success ratio is 100%, meaning that 100% of the products 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. Sound Income Strategies's risk-adjusted performance compares similarly to competitors. Across its open-end and exchange-traded funds, the firm’s average overall Morningstar Rating is 3.5 stars, which is about standard. Sound Income Strategies's longest-tenured managers do not possess comparable experience as teams at other firms, a cause for concern. Specifically, average tenure within the firm is four years. As such, there is less confidence in the group's ability to manage capital through a full market cycle effectively.