Why fund manager tenure matters

Tenure is how long the current manager has actually run the fund. A stellar 10-year track record is misleading if a new manager joined last year — the history isn't theirs.

• Match the manager's start date against the return period you're judging.
• Longer tenure with steady performance signals a repeatable process.
• A brand-new manager isn't bad — just judge them on a shorter, relevant window.

Always read the "managing since" date before trusting long-term numbers.

→ Check tenures on manager pages.