Kensington Asset Management Receives 5-Star Rating from Morningstar for Kensington Dynamic Growth Fund (Ticker: KAGIX)
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The recent announcement by Kensington Asset Management regarding the Kensington Dynamic Growth Fund's 5-Star Overall and 3-Year Morningstar Rating signifies an important achievement in the investment community. The rating, which is based on risk-adjusted returns, places the fund in a favorable position compared to its peers within the Tactical Allocation category.
From an investor's perspective, the Morningstar Rating is often a critical factor in fund selection, as it provides an independent assessment of a fund's past performance relative to risk. The high rating suggests that the Kensington Dynamic Growth Fund has managed to offer substantial returns while controlling exposure to risk, which is particularly appealing in the current climate of market uncertainty and volatility.
This achievement may also influence investor confidence and could potentially lead to increased inflows into the fund. However, it's important to note that past performance is not indicative of future results and investors should consider a broad set of factors, including the fund's investment strategy, management team and expense ratios, in addition to its Morningstar Rating.
The emphasis on diversification, as highlighted by Brian Weisenberger, is a critical component in modern portfolio construction. With markets facing uncertainty, the ability of the Kensington Dynamic Growth Fund to offer a 'distinct and compelling portfolio solution' suggests that it employs a sophisticated investment methodology. This approach may involve leveraging various asset classes, alternative investments, or advanced financial instruments to achieve a level of diversification that can potentially mitigate volatility.
Investors may find the fund's strategy aligns with the growing need for tactical asset allocation, which dynamically adjusts the investment mix in response to market conditions. Such strategies can be beneficial in navigating complex market environments, although they also require a thorough understanding of the associated risks and the expertise to execute them effectively.
Bruce DeLaurentis, portfolio manager for the Kensington Dynamic Growth Fund, said, "We are honored to have earned Morningstar's highest 3-year rating. This is a testament to our team's rigorous investment process, which has enabled us to consistently deliver attractive risk-adjusted returns and seeks to mitigate risk for our investors."
Brian Weisenberger, CFA, Senior Market Strategist for Kensington said, "In today's uncertain and volatile markets, it is essential for investors to incorporate investment strategies that offer diversification not just by asset class, but by investment methodology as well. We believe Dynamic Growth delivers a distinct and compelling portfolio solution for investors looking to truly diversify their portfolios."
About Kensington Dynamic Growth Fund
KAGIX employs a time-tested quantitative system which seeks to identify and participate in rising equity markets while avoiding periods of market decline by tactically shifting between Risk-On and Risk-Off portfolio postures, with the objective of providing attractive risk-adjusted returns, low market correlation and limited drawdowns.
About Kensington Asset Management
Headquartered in
The Fund uses a proprietary trend-following model to identify and act on prevailing market sentiment. The model provides daily signals to guide the Fund's allocation. Risk-On: The portfolio is exposed to
Investing in a mutual fund involves risk, including loss of principal. Risks specific to the Dynamic Growth Fund are detailed in the prospectus and include Management Risk, Equity Securities Risk, Market Risk, Underlying Funds Risks, Non-Diversification Risk, Small and Mid-Capitalization Companies Risk, Turnover Risk,
*The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top
A prospectus or a summary prospectus can be requested from your financial representative or by calling
The Fund is distributed by Quasar Investors, LLC
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SOURCE Kensington Asset Management, LLC
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