Aquila Three Peaks Opportunity Growth’s prospects are uncertain following the news that longtime subadvisor Three Peaks Capital Management will no longer manage the strategy. The strategy’s advisor, Aquila Investment Management, is expected to decide who will replace Three Peaks on or before Sept. 30, 2021, after which the fund will be renamed Aquila Opportunity Growth Fund. Until that time, investors have no clarity about the strategy’s forthcoming investment team or how their money will be managed going forward. The strategy continues to warrant a Morningstar Analyst Rating of Negative for all share classes.
Will ATGAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ATGAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ATGAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ATGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.