Transparent Wealth Management Performance
The Global Investment Performance Standards (GIPS®) are a set of standardized, industry-wide ethical principles that provide investment management firms with guidance on how to calculate and report their investment results. The GIPS standards were created and are administered by CFA Institute which is the global not-for-profit association of investment professionals that awards the Chartered Financial Analyst (CFA®) designation, among others.
As a Calgary-based wealth management firm, Hemisphere Capital Management Inc. claims compliance with the Global Investment Performance Standards (GIPS®) and has been independently verified for the period July 1, 1993 to December 31, 2022. The verification reports are available upon request. An investment management firm that claims compliance with the GIPS standards must establish policies and procedures for complying with all the applicable requirements of the GIPS standards. Verification provides assurance on whether the firm’s policies and procedures related to composite and pooled fund maintenance, as well as the calculation, presentation, and distribution of performance, have been designed in compliance with the GIPS standards and have been implemented on a firm-wide basis. Verification does not provide assurance on the accuracy of any specific performance report.
Hemisphere Capital Management Inc. maintains a list of composite descriptions and presentations that comply with the GIPS standards. For a list of composite descriptions, policies for valuing investments, calculating performance and preparing GIPS Reports, or to obtain a copy of a GIPS Report, please contact us at (403) 205-3533.
GIPS is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Hemisphere Capital Management Inc. (“HCM”) is an investment management firm based in Calgary and registered with the Alberta Securities Commission as its principal regulator. HCM is also registered in the provinces of British Columbia, Saskatchewan, Manitoba, and Ontario. HCM reviews total firm assets under management (AUM) report broken out by account on a quarterly basis to ensure that only actual assets managed by the firm are included. All accounts deemed to be advisory only, hypothetical, or model in nature are excluded from total firm AUM.
- Core Balanced Composite
- Income Balanced Composite
- Select Managed Composite
- Conservative Composite
Composite Performance History
COMPOSITE PERFORMANCE HISTORY
Annualized Returns (%) in Canadian Dollars to December 31, 2022 (Latest GIPS Composite Report Period)
|1 Yr||3 Yr||5 Yr||10 Yr||15 Yr||Since
|Core Balanced – Gross of Fees||2.2||4.5||4.8||6.0||6.1||7.6||Jun-94|
|– Net of Fees||1.4||3.7||3.9||5.1||5.2||6.6||Jun-94|
|Income Balanced – Gross of Fees||1.1||3.3||3.9||4.7||5.2||6.2||Sep-95|
|– Net of Fees||0.0||2.3||2.9||3.7||4.1||5.3||Sep-95|
*Past performance does not guarantee future results.
CORE BALANCED COMPOSITE
From June 1994 to December 2013:
- 40% – FTSE TMX Canada Mid Term Overall Bond Index
- 40% – S&P/TSX Composite Index
- 10% – S&P 500 Index
- 10% – MSCI EAFE Index
From January 2014 Onward:
- 20% – FTSE TMX Canada Short Term Overall Bond Index
- 20% – FTSE TMX Canada Mid Term Overall Bond Index
- 30% – S&P/TSX Composite Index
- 20% – S&P 500 Index
- 10% – MSCI EAFE Index
*Benchmark was updated to reflect evolution of the investment strategy.
INCOME BALANCED COMPOSITE
From Inception Onward:
- 35% – FTSE TMX Canada Short Term Overall Bond Index
- 35% – FTSE TMX Canada Mid Term Overall Bond Index
- 20% – S&P/TSX Composite Index
- 5% – S&P 500 Index
- 5% – MSCI EAFE Index