Concentrated Equity Composite contains fully discretionary accounts that are typically comprised of 30-35 securities that may or may not pay dividends and are suitable for those clients with an emphasis on long-term capital appreciation and have an above-average risk tolerance. For comparison purposes the composite is measured against the S&P 500 Index. Cornerstone Investment Partners' investment universe of 800 stocks includes all companies in the S&P 500. The minimum account size for this composite is $500 thousand. Prior to January 1, 2004 the minimum account size was $300 thousand.
Cornerstone Investment Partners claims compliance with the Global Investment Performance Standards (GIPS).
Cornerstone Investment Partners is an independent, privately held investment advisory firm structured as a limited liability company that is wholly owned by professionals actively involved in managing the business. The firm maintains a complete list and description of composites, which is available upon request.
Results are based on fully discretionary accounts under management, including those accounts no longer with the firm. Past performance is not indicative of future results.
The U.S. Dollar is the currency used to express performance. Returns are presented gross and net of management fees and include the reinvestment of all income. The composite includes both fundled fee and non-bundled fee accounts. Gross returns for bundled fee accounts are shown as supplemental information and have not been reduced by transaction costs. Net of fee performance for these accounts have been reduced by the entire bundled fee. Other than brokerage commissions the bundled fee includes administrative and custodial services, and in some cases the investment management fee. Some of the bundled fee accounts included pay the investmnet management fee separately from the bundled fee. For these accounts, net of fee performance has been reduced by both the bundled fee and the investment management fee. Net of fee performance for non-bundled fee accounts was calculated using actual management fees. The Concentrated Equity Composite was created on October 1, 2001. The annual composite dispersion is an asset-weighted standard deviation calculated for the accounts in the composite the entire year. Cornerstone Investment Partners’ compliance with the GIPS standards has been verified for the period October 1, 2001 through June 30, 2008 by Ashland Partners & Company LLC. In addition, a performance examination was conducted on the Concentrated Equity Composite beginning October 1, 2001. A copy of the verification report is available upon request. Additional information regarding the policies for calculating and reporting returns is available upon request.
The general fee schedule for equity accounts is as follows: 0.75% on the first $10,000,000; 0.55% on the next $10,000,000 and 0.35% on the balance. Actual investment advisory fees incurred by clients may vary.
Submit requests to Cornerstone Investment Partners: 8097 Roswell Rd, Bldg A. Atlanta, GA 30350. Phone: 770-393-2852 Email: marketing@cornerstone-ip.com
Large Cap Value Composite contains fully discretionary accounts that are typically comprised of 30-40 securities that may or may not pay dividends and are suitable for those clients with an emphasis on long-term capital appreciation and have an above-average risk tolerance. For comparison purposes the composite is measured against the Russell 1000 Value Index. Cornerstone Investment Partners’ universe of 800 stocks is comprised of the S&P 500 plus 300 other names, including 50-60 multinational ADR’s.
Cornerstone Investment Partners claims compliance with the Global Investment Performance Standards (GIPS).
Cornerstone Investment Partners is an independent, privately held investment advisory firm structured as a limited liability company that is wholly owned by professionals actively involved in managing the business. The firm maintains a complete list and description of composites, which is available upon request.
Results are based on fully discretionary accounts under management, including those accounts no longer with the firm. Past performance is not indicative of future results.
The U.S. Dollar is the currency used to express performance. Returns are presented gross and net of management fees and include the reinvestment of all income. The Large Cap Value composite incepted on January 1, 2007. Net of fee performance was calculated using actual management fees. Gross returns are reduced by transaction costs. Bundled transaction fee accounts are included in this composite. The annual composite dispersion is an asset-weighted standard deviation calculated for the accounts in the composite the entire year.
Portfolio results are annualized rates of return computed on a time-weighted basis, using market values on a monthly basis calculated using trade-date. Additional information regarding the policies for calculating and reporting returns is available upon request.
The general fee schedule for equity accounts is as follows: 0.75% on the first $10,000,000; 0.55% on the next $10,000,000 and 0.35% on the balance. Actual investment advisory fees incurred by clients may vary.
Submit requests to Cornerstone Investment Partners: 8097 Roswell Rd, Bldg A. Atlanta, GA 30350. Phone: 770-393-2852 Email: marketing@cornerstone-ip.com
The Compass Composite contains fully discretionary accounts that are comprised of domestic stocks and bonds that are actively allocated. Clients should average about 60% in stocks and 40% in bonds over the long run.. For comparison purposes the composite is measured against 60% of the S&P 500 Index and 40% of the Lehman Aggregate Bond. Portfolios are rebalanced on a monthly basis. Cornerstone Investment Partners’ investment universe of 800 stocks includes all companies in the S&P 500.
Cornerstone Investment Partners claims compliance with the Global Investment Performance Standards (GIPS).
Cornerstone Investment Partners is an independent, privately held investment advisory firm structured as a limited liability company that is wholly owned by professionals actively involved in managing the business. The firm maintains a complete list and description of composites, which is available upon request.
*Prior to January 1, 2007: Cornerstone Investment Partners began offering the Compass product starting from January 1, 2007 to present. The Backtested performance is supplemental to the actual performance and was calculated by using an aggregate reading of Cornerstone Investment Partners’ Fair Value Model on the first of every month relating to the relative attractiveness of stocks and bonds. The Fair Value Model determined whether stocks and bonds were undervalued or overvalued. Cornerstone Investment Partners set weights accordingly between stocks and bonds based on their relative attractiveness and repositioned portfolios at the beginning of the month if the move was greater than a 5% difference in the weighting between the asset classes. Results were derived using Cornerstone Investment Partners’ Concentrated Equity product (inception date October 1, 2001) as the equity portion of the portfolio and the Lehman Aggregate ETF for bond exposure, respective to percentages determined each month by the Fair Value Model. Performance results prior to January 1, 2007, do not represent the results of actual trading and do not reflect the impact of material economic and market factors that might impact an adviser’s decision in the management of actual client accounts. Actual performance of client accounts may differ substantially. Returns prior to January 1, 2007, are based on realized and unrealized gains and losses and do not include the effect of cash or the reinvestment of dividends. Returns prior to January 1, 2007, are presented gross and net of management fees. Net of management fees have been deducted by an annual fee of 75 basis points.
Starting January 1, 2007: Results are based on fully discretionary accounts under management, including those accounts no longer with the firm. Past performance is not indicative of future results. Returns after January 1, 2007, are presented gross and net of management fees and include the reinvestment of all income. Net of fee performance during 2007 was calculated using actual management fees. Gross returns are reduced by transaction costs. Bundled transaction fee accounts are included in this composite. The annual composite dispersion is an asset-weighted standard deviation calculated for the accounts in the composite the entire year. The Compass Composite was created on January 1, 2007. The general fee schedule for equity accounts is as follows: 0.75% on the first $10,000,000; 0.55% on the next $10,000,000 and 0.35% on the balance. Actual investment advisory fees incurred by clients may vary.
Submit requests to Cornerstone Investment Partners: 8097 Roswell Rd, Bldg A. Atlanta, GA 30350. Phone: 770-393-2852 Email: marketing@cornerstone-ip.com
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