Yon-Drake & Associates conducts performance measurement and program maintenance on an ongoing basis. We conduct account reviews monthly using reports designed to show changes in market value, asset mix compliance and investment returns relative to policy benchmarks. This process serves as the impetus for rebalancing the portfolio back to portfolio policy weights.
Based on the need of individual clients, we provide a monthly report containing the information in their required format. Quarterly, we conduct a more formal, rigorous review that includes a comparison with the investment policy, comparative returns with absolute goals, benchmarks and peers. We provide an analysis of portfolio characteristics, risk statistics, and manager compliance.
We compare managers' performance to policy goals, absolute returns, benchmark indexes, peer universes. At a minimum, we analyze returns on an absolute, risk-adjusted and excess return basis.