Longevity at the firm has been impressive. Its five-year success ratio is 100%, meaning that 100% of the products have both survived and beaten their respective category median. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. A sign of strength at Fairholme is its longest-tenured management, which boasts 20 years of average tenure at the firm. This wealth of experience builds confidence that the group can navigate a variety of market environments adeptly. 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.
10 Funds That Are Thriving During the Rotation Out of Tech Stocks
Value stock funds, dividend funds, and low-volatility strategies are getting their day in the sun.