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 June 30, 2010) | ||||||||
3 Mos. % |
YTD % |
1 Yr. % |
4 Yrs. % |
7 Yrs. % |
10 Yrs. % |
15 Yrs. % |
Since 06/30/92 % |
|
| VBA Cdn. Composite | -2.39 |
0.65 |
33.27 |
2.77 |
8.63 |
7.53 |
11.26 |
12.52 |
| BMO Small-Cap Blended Unweighted Index | -6.88 |
0.99 |
40.43 |
1.01 |
10.11 |
6.07 |
6.30 |
8.02 |
| S&P/TSX Composite Blended Index | -5.51 |
-2.55 |
11.95 |
2.18 |
9.74 |
3.27 |
8.47 |
9.23 |
| Value Added (Portfolio minus BMO) | 4.49 |
-0.34 |
-7.16 |
1.76 |
-1.48 |
1.46 |
4.96 |
4.50 |
Note: Van Berkom and Associates Inc. [an entity registered with the Quebec, Nova Scotia, Ontario, Alberta, and British Columbia Securities Commissions as Portfolio Manager and with the Securities and Exchange Commission (United States) as Investment Advisor] has prepared and presented the report in compliance with the Global Investment Performance Standards ("GIPS") of the CFA Institute. The CFA Institute has not been involved with the preparation or review of this report. Investment performance results are those of the VBA Cdn. Pension Fund Composite ("VBA Composite") of segregated small-cap pension fund portfolios. As at June 30, 2010, the VBA Cdn. Pension Fund Composite totalled $0.55 billion in Canadian small-cap assets, which represented 52.2% of the firm’s assets under management. The VBA Cdn. Pension Fund Composite includes seven 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 June 30, 2010) | |||||||||
1 Mo. % |
3 Mos. % |
YTD. % |
1 Yr. % |
2 Yrs. % |
4 Yrs. % |
5 Yrs. % |
7 Yrs. % |
Since 06/30/00 % |
|
| VBA U.S. Pension Fund | -5.78 |
-6.89 |
4.04 |
29.93 |
6.45 |
6.59 |
6.08 |
9.63 |
10.71 |
| Russell 2000 Index | -7.75 |
-9.92 |
-1.95 |
21.48 |
-4.55 |
-2.90 |
0.37 |
5.83 |
3.00 |
| S&P 600 Index | -7.07 |
-8.73 |
-0.88 |
23.63 |
-3.91 |
-2.21 |
0.82 |
6.93 |
5.56 |
| S&P 500 Index | -5.23 |
-11.43 |
-6.65 |
14.43 |
-8.11 |
-3.02 |
-0.79 |
2.84 |
-1.59 |
| Value Added (Portfolio minus Russell 2000) | 1.97 |
3.03 |
5.99 |
8.45 |
11.00 |
9.49 |
5.71 |
3.80 |
7.71 |
Note: Van Berkom and Associates Inc. [an entity registered with the Quebec, Nova Scotia, Ontario, Alberta, and British Columbia Securities Commissions as Portfolio Manager and with the Securities and Exchange Commission (United States) as Investment Advisor] has prepared and presented the report in compliance with the Global Investment Performance Standards (“GIPS”) of the CFA Institute. The CFA Institute has not been involved with the preparation or review of this report. As at June 30, 2010, the VBA U.S. Pension Fund Composite (“VBA U.S. Pension Fund”) totalled US$443.5 million in small-cap assets, which represented 95.3% of the firm’s U.S. assets under management and 44.3% of the firm’s total assets under management. The VBA U.S. Pension Fund Composite includes eight major pension fund accounts. A complete list of the firm’s composites and a description of each are available.