Page 412 - DCAC February 2024 Files

Each of the 7 criteria are evaluated on an individual basis and subjective based on Innovest’s assessment. Below are examples of the many factors under each category
Philosophy/Process Performance Short Term vs Benchmark and StyleGroup Investment Mandate Long Term vs. Benchmark and StyleGroup Domestic/Int’l Drift Consistency – Relative/Absolute/RiskAdjusted Style Consistency Expenses Growth/Value, Market Cap Cost vs.Competitors Asset Base Current Growth of AUM Capacity Constraints Soft Closed Re‐opening ofProducts Examples of things that would cause concer

Fund Analysis Overview Key we consider when making an assessment. Organization Pct. Owned by Employee Boutique vs. Institutional Recent Changes inOwnership Management Investment inFirms Products Specialized vs. All in One People Size of Team Structure of Team Experience ofTeam Turnover of Key Members Growth of Team withAssets what type of employment contracts are in place to keep key decision