Capital Management is Struggling

Morningstar Percentile Rankings Through 5/23.

Fund Name Percentile Rank
MoA Intermediate Bond Fund 98
MoA Retirement Income Fund 94
MoA Clear Passage 2020 Fund 93
MoA Core Bond Fund 90
MoA Clear Passage 2050 Fund 85
MoA Clear Passage 2055 Fund 85
MoA Clear Passage 2060 Fund 84
MoA Clear Passage 2045 Fund 83
MoA Clear Passage 2070 Fund 83
MoA Clear Passage 2065 Fund 81
MoA Mid Cap Value Fund 80
MoA Clear Passage 2040 Fund 79
MoA Clear Passage 2035 Fund 77
MoA Clear Passage 2030 Fund 76
MoA Clear Passage 2025 Fund 75
MoA International Fund 74
MoA Conservative Allocation Fund67
MoA Mid Cap Growth Fund 62
MoA Catholic Values Index Fund 56
MoA Small Cap Value Fund 55
MoA Moderate Allocation Fund 54
MoA Aggressive Allocation Fund 52
MoA Balanced Fund 49
MoA Small Cap Equity Index Fund 45
MoA Mid Cap Equity Index Fund 38

The higher the percentile rank, the worse the performance. MOA funds have tanked. how is overpaid capital mismanagement going to spin this

time to sell Capital Management to raise revenue & get better returns

#AssetManagement #Investing #FinancialResults #Performance #Profitability

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6 replies (most recent on top)

@OP more layoffs are coming. clients are going to start leaving again due to investment underperformance & our system is not easy to use. i heard from 2 payroll people just this week and they are in their supervisors ear about the klunkiness & errors on the payroll contributions side. 575 5th Ave.

It’s interesting. We just held some meetings with employers and they have noticed some of the funds trailing but it is their investment and finance committees who are starting to sit up influenced by consultants. We are going to see some large plan losses later this year which will lead to more layoffs in IT, Sales, & the dead wood will get cleared out.

@kj some of those write downs were due to covid 19 and fallen oil prices. big oil wrote down lots of assets and this harmed many bond investors including mutual fund

i'd love Rich to come out and show some swagger and say how much better things were in Captial Managment under his leadership. we remember the year Lear retirement & took his $3M lump sum and on his watch Cap Man had a $60 bond impairment due to d-mb due diligence decisions and that $60M write down and that things started the chain of events we are still under today and that event scared the C-Suite & board absolutely sh*itless.

with the poor positioning, someone 1 or 2 people need to get fired. I am a sales rep in a high profile east coast office and if my RVP saw me ranking 98/100 sales reps, he would be forced to manage me out. w/capital mismanagment, it should be the same and no paying of any quarterly bonuses. That total BS so don't get me started

@OP keep in mind that this team won some impressive Lipper Awards and now they are taking a breather, resting on their lauels, and getting ready to regroup. It is alarming how far they have fallen without Lear and Rich at the helm and seeking alpha is key right now. the firm can't afford missing revenue and profitability targets w/underperforming funds. client investment commiittes are starting to take note and this will lead to a new set of client defu-ckions

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Capital Management is Struggling

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