Sit

A contributing factor to the firm's favorable rating is its impressive track record of endurance. The Sit five-year risk-adjusted success ratio is 62%, meaning that over the period, 62% of its products have 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 Sit portfolio management team has lacked continuity over the past five years, denoted by elevated levels of turnover, which bears watching. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to Sit'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.