Consolidated reports are the first prerequisite of portfolio control. They enable you to understand the interaction over time of various assets. This global perspective helps you to:

• Assess the impact of a given buy or sell decision.
• Evaluate relative performance.
• Measure your overall risk.
• Track progress.

We compile account data from multiple sources to provide you with a single set of consolidated statements of positions and returns. We calculate and report returns for individual investments, specific accounts, and for overall portfolios.

Our Quarterly Report covers returns for the quarter, year to date and from inception. The in-depth Annual Performance Evaluation takes a long-term perspective, analyzing progress toward objectives, comparing results to Policy guidelines, and discussing recommended adjustments. With these consolidated reports, you can see your Investment Policy at work.