Private Client - Performance Evaluation
Performance reports are prepared, issued and reviewed on a Quarterly basis. The periods reported are Current Quarter, Year-to-Date, Annualized at 1yr, 3yr, 5yr, 10yr and Inception basis.
A summarization of performance will also be reported on a calendar year basis. The return calculations are reported on a “Net/Net Return” meaning net after investment management and consulting fees.
The formats of the Performance Reports are presented on a Composite, Absolute and Relative basis.
Performance evaluation is a process, by which we review the actual returns earned on every manager incorporated into a client’s portfolio to understand how that respective return was earned. We observe and understand the managers respective return attributes that contributed to the specific returns earned in each of our client’s portfolios.
This is a critical step of the process that helps verify that managers are staying true to their stated investment philosophy and process, for which we rely on to hire each manager.
The Stalwart Group's recommended managers are reviewed and evaluated quarterly by applying our due diligence process to verify and ensure continued viability (see manager due diligence).