Serious investors expect performance reports for their investment portfolios. Brokerage account statements alone do not reflect detailed portfolio performance information. MAP’s performance reports provide rates of return for the client’s portfolio over various time periods in a simple format, so the investor can easily evaluate the returns of their portfolio in comparison to widely followed market indexes. MAP’s performance reports are an essential component of the client advisory relationship, reflecting the value added by the investment manager, which makes MAP accountable for the performance and investment returns of its clients’ portfolios.
Compliance with Investment Performance Presentation Standards
Managed Asset Portfolios, LLC (MAP) is an SEC-registered investment adviser headquartered in Rochester, Michigan. Founded in 2000, MAP provides a focused line of complimentary investment strategies designed to meet client’s unique and personalized investment objectives as well as to help clients achieve their investment goals.
Managed Asset Portfolios, LLC claims compliance with the Global Investment Performance Standards (GIPS®). GIPS standards are a globally accepted methodology utilized by investment managers for quantifying and presenting historical investment performance in a manner that ensures fair representation, consistency and full disclosure.
GIPS compliance provides clients and prospective clients with confidence and assurance in the integrity and reliability of MAP’s performance presentations and data, as well as its general practices and internal controls, including the ability to fairly compare MAP’s performance and investment strategy with those of other GIPS compliant firms. Not all advisors are GIPS compliant. GIPS standards represent best practices in the investment advisory community. MAP’s voluntary compliance with GIPS demonstrates its firm-wide commitment to ethical business practices.
To obtain a compliant performance presentation and/or the firm’s list of composite descriptions please click on the Contact Us portion of this website, or call us directly at (248) 601-6677.
For additional information: http://www.gipsstandards.org/about/pdf/factsheet.pdf
Independently Verified GIPS Compliance
MAP’s compliance with GIPS is also independently confirmed by an independent third party verifier. The primary purpose of verification is to confirm that MAP has complied with the GIPS standards. Verification tests are performed to determine whether MAP has complied with the GIPS standards for the construction of composite portfolios on a firm-wide basis, and whether MAP’s internal processes and procedures are designed to calculate and present performance results in conformance with GIPS standards.
Third-party verification authenticates MAP’s compliance with GIPS, and supports the guiding principles of full disclosure and fair representation of MAP’s historical investment performance. A written copy of the independent verification is available upon request.
For additional information: http://www.ashlandpartners.com/serviceGIPS.aspx