How Are Your Investments Doing?

September 22, 2017 Hull & Hull LLP Beneficiary Designations, Estate & Trust, Estate Planning, Hull on Estate and Succession Planning, Hull on Estates, Power of Attorney, Trustees, Uncategorized, Wills Tags: , , , , 0 Comments

Let’s say that you are an estate trustee of a trust, or a beneficiary of a trust. The trust consists of investments. How can you be sure that the investments are performing adequately?

A new product from Asset Risk Consultants will allow you to make a quick check of the performance of the investment portfolio.

Performance QuickCheck” allows you to enter information about the portfolio, and will immediately compare its performance to 130,000 portfolios having similar risk across five major currencies.

To conduct the check, users pick their currency (currently, British Pounds, US dollars, Euros, Swiss Francs or Canadian dollars), and the percentage of the fund invested in equities (allowing the comparison to be made based on the risk assumed by the trust: either cautious, balanced, steady growth or equity risk).  The program then asks for the period over which the portfolio was held, and the percentage return over the period.

The program will then compare your investment return to other portfolios having similar risk.

For example, a Canadian portfolio holding 30% equities producing a 7% return for the period from June, 2016 to July 2017 will result in a smiley green face, indicating above average performance. However, a Canadian portfolio holding 80% equities producing a 7% return for the same period will result in a sad red face, indicating below average performance. As suggested by the website, trustees may want to ask their investment manager for a comment, or consider another investment manager.  Beneficiaries may want to speak to the trustee, or legal counsel.

A more comprehensive report is also available, for a fee of £25.

Performance QuickCheck from Asset Risk Consultants is a great, easy to use, free tool to allow you to quickly ask and answer, “How am I doing?”.

Have a great weekend.

Paul Trudelle

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