Pension Asset Management
VBA offers specialized small-cap portfolio asset management for Canadian and U.S. portfolios. We currently manage assets for pension, endowment and corporate pension funds interested in Canadian, U.S. and North American small-cap portfolios.
The performance of VBA's Canadian Pension Fund Composite is shown below:
| PERFORMANCE RESULTS - VBA CDN PENSION FUND COMPOSITE | ||||||||
| (as of December 31, 2011) | ||||||||
3 Mos. % |
YTD % |
1 Yr. % |
4 Yrs. % |
7 Yrs. % |
10 Yrs. % |
15 Yrs. % |
Since 06/30/92 % |
|
| VBA Cdn. Composite | 9.23 |
1.54 |
1.54 |
5.36 |
7.14 |
9.42 |
10.12 |
12.80 |
| BMO Small-Cap Blended Unweighted Index | 5.05 |
-16.98 |
-16.98 |
3.05 |
5.37 |
8.77 |
5.29 |
8.14 |
| S&P/TSX Composite Blended Index | 3.59 |
-8.71 |
-8.71 |
-0.72 |
6.49 |
7.03 |
7.01 |
9.03 |
| Value Added (Portfolio minus BMO) | 4.18 |
18.52 |
18.52 |
2.31 |
1.77 |
0.65 |
4.83 |
4.66 |
Note: Van Berkom and Associates Inc. [an entity registered with the Quebec, Ontario, Alberta, and British Columbia Securities Commissions as Portfolio Manager and with the Securities and Exchange Commission (United States) as Investment Advisor] claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. VBA has not been independently verified. Investment performance results are those of the VBA Cdn. Pension Fund Composite ("VBA Composite") of segregated small-cap pension fund portfolios. As at December 31, 2011, the VBA Cdn. Pension Fund Composite totalled $0.63 billion in Canadian small-cap assets, which represented 38.8% of the firm’s assets under management. The VBA Cdn. Pension Fund Composite includes eight major Canadian pension fund accounts.
The performance of VBA's U.S. Pension Fund Composite is shown below:
| PERFORMANCE RESULTS - VBA U.S. PENSION FUND COMPOSITE | ||||||||||
| (as of December 31, 2011) | ||||||||||
1 Mo. % |
3 Mos. % |
YTD. % |
1 Yr. % |
2 Yrs. % |
4 Yrs. % |
5 Yrs. % |
7 Yrs. % |
10 Yrs. % |
Since 06/30/00 % |
|
| VBA U.S. Pension Fund | -1.71 |
11.73 |
-1.85 |
-1.85 |
10.90 |
4.68 |
6.14 |
7.17 |
8.80 |
10.85 |
| Russell 2000 Index | 0.66 |
15.47 |
-4.18 |
-4.18 |
10.25 |
0.58 |
0.15 |
3.20 |
5.62 |
4.54 |
| S&P 600 Index | 1.25 |
17.17 |
1.02 |
1.02 |
12.96 |
2.51 |
1.94 |
4.54 |
7.09 |
7.14 |
| S&P 500 Index | 1.02 |
11.82 |
2.11 |
2.11 |
8.39 |
-1.64 |
-0.25 |
2.64 |
2.92 |
0.61 |
| Value Added (Portfolio minus Russell 2000) | -2.37 |
-3.74 |
2.33 |
2.33 |
0.65 |
4.10 |
5.99 |
3.97 |
3.18 |
6.31 |
Note: Van Berkom and Associates Inc. [an entity registered with the Quebec, Ontario, Alberta, and British Columbia Securities Commissions as Portfolio Manager and with the Securities and Exchange Commission (United States) as Investment Advisor] claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. VBA has not been independently verified. As at December 31, 2011, the VBA U.S. Pension Fund Composite (“VBA U.S. Pension Fund”) totalled US$969.3 million in small-cap assets, which represented 100.0% of the firm’s U.S. assets under management and 61.1% of the firm’s total assets under management. The VBA U.S. Pension Fund Composite includes twenty-one major pension fund accounts. A complete list of the firm’s composites and a description of each are available.