1919 Funds

The firm's risk-adjusted performance compares similarly to competitors. Across its open-end and exchange-traded funds, the firm's average five-year Morningstar Rating is 3.7 stars. Longest-tenured managers’ average tenure within the firm is 13 years, bringing a wealth of knowledge through multiple market cycles and ultimately contributing positively to the rating. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to 1919 Funds's rating and creating a larger performance hurdle. The firm's fund fees, on average, fall within the second most-expensive quintile of similarly distributed strategies.