Global Investment Performance Standards

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, 2019. The verification report(s) is/are available upon request. 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. Verification does not ensure the accuracy of any specific composite presentation.

The GIPS standards are a set of standardized, industry-wide ethical principles that provide investment 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.

Firm Definition:

Hemisphere Capital Management Inc. (“HCM”) is an investment management firm 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 a total firm 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.

Active Composites:

  • Core Composite
  • Income Balanced Composite
  • Select Managed Composite

Terminated Composites:

  • Conservative Composite

Hemisphere Capital Management Inc. maintains a list of composite descriptions and presentations that comply with the GIPS standards. To receive a list of composite descriptions for active and/or terminated composites, and/or a compliant presentation, contact Skyelar Siwak at 403-205-3533 or Alternatively, write to Hemisphere Capital Management Inc., #603 – 734 7th Avenue SW, Calgary, Alberta, T2P 3P8.