With an average tenure of seven years among the longest-tenured managers at TortoiseEcofin, the firm is on par with peers. Seasoned teams tend to have more experience to draw upon should they need to weather turbulent market conditions. TortoiseEcofin fails to showcase longevity across its product shelf, as evidenced by its five-year success ratio. Over this time period, only 7% of its roster has been able to both survive and beat its respective category median. A low success ratio indicates poor performance and raises questions about a firm’s discipline around investment strategy and product development. The firm's risk-adjusted performance compares similarly to competitors. Across all open-end and exchange-traded funds, the firm's average 10-year Morningstar Rating is 3.3 stars, which is about standard.
Category
A category is a way to group investments based on similar risk, return, and behavior profiles.