Jensen Investment Management Ranked #7 of 150 Fund Firms by Morningstar Report
LAKE OSWEGO, Ore. – Jensen Investment Management, a 100% employee-owned investment management firm founded in 1988, announced today that Morningstar has ranked them #7 out of 150 Fund Firms in the Morningstar Fund Family 150 report. The Fund Family 150 report ranks the largest U.S. fund families utilizing criteria including asset flows, market share, and Morningstar ratings.
“Proactive succession planning, strong retention and tenure, close fundholder alignment, and a prevailing team-first attitude form the foundation of Jensen’s culture,” Morningstar stated about Jensen in the report.
“Jensen is honored to be ranked among the top 10 fund family by Morningstar and to be recognized among other industry leaders,” said Rob McIver, Managing Director and Portfolio Manager at Jensen Investment Management. “Our team is committed to serving our clients and upholding our disciplined approach and the quality of our strategy.”
The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company, and they may be obtained by calling 1.800.992.4144, or by visiting jenseninvestment.com. Read them carefully before investing.
The Jensen Quality Growth Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The prices of growth stocks may be sensitive to changes in current or expected earnings, may experience larger price swings and may be out of favor with investors at different periods of time.
The Jensen Global Quality Growth Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The prices of growth stocks may be sensitive to changes in current or expected earnings, may experience larger price swings and may be out of favor with investors at different periods of time. The Fund invests in foreign securities which involve political, economic and currency risks, greater volatility and differences in accounting methods. These risks are greater for investments in emerging markets.
The Jensen Quality Value Fund invests in mid and smaller capitalization companies, which involve additional risks such as limited liquidity and greater volatility than large cap companies.
The Jensen Funds are distributed by Quasar Distributors, LLC.
From 1 to 150, a fund family’s Quantitative Rank helps investors evaluate fund families based on the quality of their fund lineup. The rankings are based on the asset-weighted average of individual fund scores from each fund family.
The fund scores are determined by Morningstar’s Scorecards and serve as the building blocks for determining each fund family’s Rank. While many investors are familiar with fund rankings based on past performance, Morningstar’s Scorecards rank funds on data points that, when combined, are more likely to correlate with future risk-adjusted performance.
Morningstar’s Process to Determine the Fund Family Rankings:
1.Fund Classification: Organize funds into peer groups based on (1) investment type, (2) active or passive, and (3) Morningstar Category.
2.Data Aggregation: Collect data that represent the price, process, people, parent, and performance characteristics for each fund. Standardize the data and apply the scoring model that maps to each fund’s peer group.
3.Data Calculations: Each fund starts on a level playing field. Reward or penalize funds based on their percentile ranks within their peer groups for each characteristic.