Asset Management Reports

Transcription

1 Asset Management Reports

2 Table of Contents Cover Page Portfolio Overview Performance Overview Equity Overview Risk Overview Fixed Income Overview Fixed Income Distribution Portfolio Appraisal Transaction Summary Realized Gains and Losses Disclaimer and Terms Professional Presentation, Clear Communication Today s asset managers are challenged with strengthening existing infrastructure and attracting new assets. That s why Advent offers a wide array of asset management reports to enable your firm to disseminate information internally and more effectively communicate with your clients. Professional quality reports from Advent do more than show clients how their assets are performing. They are a primary point of client contact that allow you to demonstrate your value. In a time when the field can seem more crowded than ever, strong reporting can be a critical competitive differentiator. Put Performance in the Best Light Built on the industry-standard Microsoft SQL Server Reporting Services (SSRS) platform, Advent s asset management reports are: Easy to use. Simply access them via the report menu in Advent Portfolio Exchange. Attractive and clear. Explanatory, color-coded graphs and charts help clients understand the how and why of investments and their performance. Customized. Reports can be branded with your firm name, logo and graphics. Comprehensive. Provide a full range of reports to tell your story. You work hard for results for your clients. Make them look their best.

3 Cover Page Differentiate your firm with a custom report cover that allows you to stand apart from other firms. The cover page offers flexibility to display firm specific branding that includes a logo and graphics. Display a single account or all accounts for a specific client. Quarterly Report Account 12/31/2010 1

4 Portfolio Overview The Portfolio Overview gives your clients insight into the key metrics of their portfolio. The Activity Summary displays the elements resulting in a portfolio s change in market value. The Portfolio Allocation section uses both a chart (pie, column or bar) and table format to depict diversification of the portfolio by industry standard or custom classification. I t t M B l d F d A t # G f F US D ll 12/31/ /31/201 l j Activity Summary Since 12/31/2009 Beginning Value 58,533,473 Accrued Interest 346,021 Net Contributions/Withdrawals 0 Realized Gains 16,186 Unrealized Gains 6,148,766 Income Received 742,674 Change in Accrued Interest -227,926 Ending Value 65,441,099 Accrued Interest 118,095 Portfolio Allocation as of 12/31/2010 Portfolio Overview Gross of Fees US Dollar 12/31/ /31/2010 The Change in Portfolio graphically represents cashflows and changes due to market appreciation and/or depreciation. Change in Portfolio Asset Class Market Value % Assets Yield Equity 21,110, Fixed Income 13,020, Cash 31,427, Total 65,559,

5 Performance Overview The Performance Overview report gives you a comprehensive look at the portfolio performance at multiple time periods and compares them to relevant benchmarks. Performance Overview Gross of Fees US Dollar December 31, 2010 Choose the Performance History time period to display. The graph can reflect Time Weighted Return (TWR) or Growth of a Dollar. View a portfolio s TWR since inception for portfolios and benchmarks, as well as sub-period performance. Performance History Asset Class Annualized Month To Date Annualized Quarter To Date Annualized Latest 1 Year Annualized Latest 3 Years Annualized Latest 5 Years Annualized Inception To Date Equity (3.31) Fixed Income (10.47) (1.65) 5.09 (2.37) Cash Other Account (3.23) Index Russell S&P 500 Index (5.00) S&P /Barclays Captial Agg (1.91) D b l j Time Weighted Return Inception (December 31, 1994) to Date Your Company 3

6 Equity Overview The Equity Overview shows key information for the equity assets in the portfolio. The report can be run for firms needing to display any custom classification, industry group, or sector. The report also graphically displays equity allocations by security type. I t t M B l d F d A t # US D ll 12/31/2010 l j Equity Allocation Top 10 Holdings Equity Overview US Dollar 12/31/2010 Symbol Security Market Value % Assets nflx NETFLIX INC COM 4,821, nt NORTEL NETWORKS LTD 1,869, vfin.x VANGUARD INDEX FDS 500 PORTFOLIO 1,419, orcl ORACLE CORP COM 844, mcd MCDONALDS CORP COM 804, nke NIKE INC CL B 779, ibm INTERNATIONAL BUSINESS MACHS COM 741, wfmi WHOLE FOODS MKT INC COM 702, ko COCA COLA CO COM 668, goog GOOGLE INC CL A 605, Total 13,257, Equity Allocation by Security Type Industry Sector Market Value % Equity % Assets ENERGY 522, MATERIALS 371, INDUSTRIALS 360, CONSUMER DISCRETIONARY 7,756, CONSUMER STAPLES 2,492, HEALTH CARE 921, FINANCIALS 155, TECHNOLOGY 5,758, UTILITIES 1,029, Missing Industry Sector 1,741, Total 21,110,

7 Risk Overview The Risk Overview report enables firms to show returns plotted against standard deviation. Chart shows a graphic of the return versus the standard deviation. I t t M t C B l d F d A t # G f F US D ll 12/31/ /31/2010 l j Return vs. Monthly Standard Deviation Risk Overview Gross of Fees US Dollar 12/31/ /31/2010 The table view includes an additional column for Sharpe ratio. Risk Statistics Sharpe Ratio Monthly Standard Deviation Return Russell S&P 500 Index S&P /Barclays Captial Agg

8 Fixed Income Overview The Fixed Income Overview shows key information for the fixed income assets in the portfolio. With full fixed income functionality, Advent allows you to calculate and report on these investments. Weighted Averages presents metrics specific to the fixed income portion of the portfolio. The Fixed Income Totals and Fixed Income Allocations by Type display summary information for this portion of your portfolio. I t t M B l d F d A t # US D ll 12/31/2010 l j Weighted Averages Average Yield 4.72 Average Maturity 9.60 Average Coupon 4.69 Average Duration 6.91 Average Moody Average S&P A- Average Fitch A3 AA- Fixed Income Allocation Fixed Income Overview US Dollar 12/31/2010 Fixed Income Totals Par Value 13,406,971 Market Value 13,020,641 Total Cost 13,056,916 Net Gain/Loss -36,275 Annual Income 616,835 Accrued Interest 118,095 Security Type Market Value % Fixed Income % Assets Corporate Notes and Bonds 3,962, Government Notes and Bonds 2,277, U.S. Treasury Strips 1,156, CMO 3,204, US Treasury Inflation Indexed 2,419, Fixed Income Total 13,020,

9 Fixed Income Distribution The Fixed Income Distribution report includes the option to display the portfolio s distribution by maturity, coupon, duration, or ratings. For each of the four quadrants, firms can choose to display data in table, pie, or bar chart form. I t t M B l d F d A t # US D ll 12/31/2010 l j Distribution by Moody Rating % FI Average Average Average Moody Rating Number Market Value Holdings YTM Coupon Duration Aaa 3 5,853, % % 8.3 Aa , % % 2.7 A1 1 2,802, % % 5.3 Baa , % % 5.0 Caa3 1 3,204, % % 6.8 Distribution by Duration Fixed Income Distribution US Dollar 12/31/2010 Distribution by S&P Rating Distribution by Maturity % FI Average Average Average S&P Rating Number Market Value Holdings YTM Coupon Duration AAA 3 5,853, % % 8.3 AA , % % 2.7 A+ 1 2,802, % % 5.3 A , % % 5.0 CCC 1 3,204, % % 6.8 7

10 Portfolio Appraisal The Portfolio Appraisal shows your clients all holdings in an account by individual tax lot or position. Information can include quantity, cost, market value, percent of portfolio and yield or unrealized gain and loss. Portfolio Appraisal US Dollar 12/31/2010 Securities can be grouped by investment type. Show holdings as of trade or settle date. Show holdings by individual tax lot or the position level. Unit Total Market % Unrealized Quantity Symbol Security Cost Cost Price Value Assets Gain/Loss Corporate Notes and Bonds INDUSTRIALS TECHNOLOGY 500, AE9 2,600, ba8 LOCKHEED MARTIN CORP 7.650% Due , , ,897 Accrued Interest 6, , , ,897 INTERNATIONAL BUSINESS MACHS 4.750% Due ,514, ,791, ,673 Accrued Interest 10, ,514,640 2,802, ,673 Missing Industry Sector 500, ay9 GENERAL ELECTRIC CO 5.000% Due , , ,487 Accrued Interest 10, , , ,487 Corporate Notes and Bonds Total 3,656,090 3,962, ,263 Government Notes and Bonds 1,600, ed6 U.S. Treasury Strips 1,200, gt8 UNITED STATES TREAS BDS 8.125% Due ,572, ,229, ,125 Accrued Interest 48, ,572,000 2,277, ,125 INTERNATIONAL BK FOR RECON&DEV 0.000% Due ,200, ,156, ,979 Accrued Interest ,200,000 1,156, ,979 8

11 Portfolio Appraisal (Continued) Portfolio Appraisal US Dollar 12/31/2010 TECHNOLOGY Unit Total Market % Unrealized Quantity Symbol Security Cost Cost Price Value Assets Gain/Loss 1,500 aapl APPLE INC COM , , ,785 20,820 glw CORNING INC COM , , ,432 1,020 goog GOOGLE INC CL A , , ,369 22,410 intc INTEL CORP COM , , ,541 5,050 ibm INTERNATIONAL BUSINESS MACHS COM , , ,864 42,460 mu MICRON TECHNOLOGY INC COM , , ,815 22,120 nt NORTEL NETWORKS LTD , ,869, ,337,586 26,990 orcl ORACLE CORP COM , , ,895 3,849,097 5,758, ,909,711 UTILITIES 29,070 duk DUKE ENERGY CORP NEW COM , , ,642 20,490 se SPECTRA ENERGY CORP COM , , , ,357 1,029, ,425 Common Stock Total 14,844,766 19,368, ,524,087 Cash Accounts Missing Industry Sector cash Cash Account 31,412,619 31,412, divacc Dividend Accrual (usd) 15,338 15, ,427,957 31,427, Cash Accounts Total 31,427,957 31,427, Total Portfolio 59,918,709 65,559, ,522,390 9

12 Transaction Summary The transaction Summary Report displays all of the account transactions maintained by Advent giving you an independent record apart from your custodian. Transaction Summary US Dollar 1/1/ /31/2010 Select which transaction types to display from a variety of choices. Call Contribution Dividends Expenses Interest Maturities Purchase Puts Return of Capital Principal Payments Sales Withdrawals At a glance clients can review what has been purchased and sold within their account. Purchases Unit Trade Date Settle Date Quantity Security Cost Total Cost 2/25/2010 3/2/ ,000 LOCKHEED MARTIN CORP , % Due /25/2010 3/2/ ,000 INTERNATIONAL BUSINESS MACHS , % Due /25/2010 3/2/ ,000 GENERAL ELECTRIC CO , % Due Total Purchases 1,778,590 Sales Unit Unit Trade Date Settle Date Quantity Security Cost Total Cost Price Proceeds Gain/Loss 2/28/2010 3/1/ ,000 EDUCATION LOANS INC 2004-C-D , ,000 12, % Due /28/2010 3/1/ ,700 EDUCATION LOANS INC 2004-C-D , ,700-40, % Due Total Sales 1,660,685 1,631,700-28,985 10

13 Transaction Summary (Continued) Transaction Summary US Dollar 1/1/ /31/2010 Interest Trade Date Settle Date Security Amount 1/15/2010 1/15/2010 UNITED STATES TREAS (TIIPS) due 1/15/16 21, % Due /15/2010 2/15/2010 UNITED STATES TREAS BDS 65, % Due /29/2010 5/29/2010 INTERNATIONAL BUSINESS MACHS 47,500 7/15/2010 7/15/ % Due UNITED STATES TREAS (TIIPS) due 1/15/ % Due ,976 8/15/2010 8/15/2010 UNITED STATES TREAS BDS 65, % Due /29/ /29/2010 INTERNATIONAL BUSINESS MACHS 47, % Due Total Interest 268,766 Maturities Unit Unit Trade Date Settle Date Quantity Security Cost Total Cost Price Proceeds Gain/Loss 8/15/2010 8/15/2010 2,000,000 U S TREAS SEC STRIPPED INT PMT ,940, ,000,000 60, % Due Total Maturities 1,940,000 2,000,000 60,000 11

14 Realized Gains and Losses Realized Gains and Losses provides a listing of transactions, cost, proceeds, and associated gains or losses categorized by holding period. Realized Gains and Losses US Dollar 1/1/ /31/2010 Quickly identify the securities sold and the associated short and long term gains generated. View a portfolio s total gains and losses for any time frame chosen. Short Term Long Term Open Date Close Date Quantity Security Cost Basis Proceeds Gain/Loss Gain/Loss 5/1/2007 2/28/ ,000 EDUCATION LOANS INC 2004-C-D 800, ,000 12, % Due /2/2007 2/28/ ,700 EDUCATION LOANS INC 2004-C-D 860, ,700-40, % Due /14/2006 8/15/2010 2,000,000 U S TREAS SEC STRIPPED INT PMT 1,940,000 2,000,000 60, % Due Total Gains 0 72,000 Total Losses 0-40,985 Total 3,600,685 3,631, ,015 Total Realized Gain/Loss 31,015 No Capital Gains Distributions 12

15 Disclaimer and Terms The disclaimer page offers flexibility to display firm specific disclaimers and supplemental information. Disclaimer & Terms December 31, 2010 Provide terms and definitions to clients. Include supplemental information to support report detail. 1. Sample 8 Investments claims compliance with the Global Investment Performance Standards (GIPS ) and has prepared and presented this report in compliance with the GIPS standards. Sample 8 Investments has been independently verified for the period from 1 April 1996 through 31 December Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm s policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. The Large-Cap SMA Composite has been examined for the period from 1 January 2006 through 31 December The verification and performance examination reports are available upon request. 2. Sample 8 Investments is an independent investment adviser registered under the Investment Advisers Act of 1940, was founded in March 1996, and manages global large-cap equity, fixed income, and balanced strategies. 3. Beginning 1 January 2006, the composite includes only wrap fee (SMA) portfolios benchmarked to the XYZ Index. Performance results prior to 2006 are based on the Large-Cap Institutional Composite returns. 4. The Large-Cap SMA Composite is comprised of portfolios invested in U.S. equities which have a market capitalization greater than $5 billion. 5. The composite was created in February A list of composite descriptions is available upon request. 6. All returns are expressed in U.S. dollars. Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. 7. The XYZ Index returns are provided to represent the investment environment existing during the time periods shown. For comparison purposes, the index is fully invested and includes the reinvestment of income. The returns for the index do not include any trading costs, management fees, or other costs. Index returns have been taken from published sources. 8. Pure gross returns, presented below as supplemental information, from 2006 through 2010 do not reflect the deduction of any trading costs, fees, or expenses and are presented for comparison purposes only. Pure gross returns prior to 2006 reflect the deduction of trading costs. The SMA fee includes all charges for trading costs, portfolio management, custody, and other administrative fees. Net returns are calculated by subtracting the highest applicable SMA fee (2.50% on an annual basis, or 0.21% monthly) on a monthly basis from the pure gross composite monthly return. The standard fee schedule in effect is as follows: 2.50% on total assets. 9. The dispersion is measured by the equal-weighted standard deviation of annual returns of those portfolios that are included in the composite for the full year. 10. At 31 December 2010, the three-year annualized ex-post standard deviation of the composite and the benchmark are 12.3% and 13.2%, respectively. 11. Past performance is not an indicator of future results. Your Company 13

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