Emerald Finance & Banking Innovation’s new focus warrants caution. The Morningstar Analyst Rating on its most expensive share class falls to Negative from Neutral, while cheaper shares remain Neutral.
Emerald Finance & Bking Innovt Fd Instl HSSIX
NAV / 1-Day Return
29.98
/
2.88
%
Total Assets
131.8 Mil
Adj. Expense Ratio
1.280%
Expense Ratio
1.280%
Fee Level
High
Longest Manager Tenure
25.47
years
Category
Financial
Investment Style
Small BlendMin. Initial Investment
1,000,000
Status
Open
TTM Yield
14.54%
Turnover
94%
Morningstar’s Fund Analysis HSSIX
Will HSSIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HSSIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HSSIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of HSSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Not worth the risk.
