|Friedberg Dividend Growth||Balanced Benchmark|
|Standard Deviation (Annual):||12.90%||9.50%|
This material is for informational purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Any projections, estimates, forecasts, targets, prospects, returns and/or opinions contained in these materials involve elements of subjective judgment and analysis and are based upon the best judgment of Brasada Capital Management as of the date of these materials. Brasada Capital Management does not take responsibility for such projections, estimates, forecasts, targets, prospects, returns and/or opinions. Any valuations, forecasts, targets, opinions and projections expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. No representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on, any valuations, forecasts, targets, estimates, opinions or projections contained in these materials.
Information on this site, particularly any forward-looking statements, is based upon current market conditions which fluctuate, and may be superseded by subsequent market events or for other reasons. All investments involve risk including the loss of principal. All material presented is compiled from sources believed to be reliable, but accuracy cannot be guaranteed. Due to various risks and uncertainties, actual events or results or the actual performance of Brasada Capital Management may differ materially from those reflected or contemplated in such forward-looking statements and no reliance should be placed by prospective investors on any forward-looking statement and no responsibility is accepted in respect thereof.
Past performance is no guarantee of future results. Returns are calculated after management fees, brokerage commissions, reinvestment of dividends, and interest. Performance is calculated as an arithmetic mean according to the following criteria: Minimum account size of $100,000 (was $50,000 prior to 2014 and $25,000 prior to 2007), sufficient diversification (5+ positions), account under management for entire year, full discretion over the portfolio, all portfolios in a given category are equally weighted. Performance of the accounts within the composite varies significantly. “Balanced Benchmark” is calculated using blended returns of 25% S&P 500, 25% Russell 2000, and 50% Barclays Capital Aggregate Bond Index. Source: S&P 500 data is from Standard and Poors and Morningstar. Russell 2000 data is from Russell Indexes and Morningstar. Barclays Capital Aggregate Bond data is from Barclays and Morningstar.
The historical performance data reported from inception until 12/31/2007 is representative of a prior investment advisor’s calculation methodology that FIM was under the ownership of and should not be considered Brasada Capital’s performance calculations. Beginning in 2008, all performance data reported is accurate and consistent with Brasada’s performance calculation methodology, which is in accordance with the SEC’s performance calculation standards.
One cannot invest in an index. The performance of indices shown may not fully reflect management fees or other fees and expenses that may be incurred to invest in an indices' underlying securities. References to indices herein are for informational and general comparative purposes only. There are significant differences between such indices and the investment program of the managed accounts. The managed accounts do not invest in all or necessarily any significant portion of the securities, industries or strategies represented by such indices. References to indices do not suggest that the managed accounts will, or are likely to achieve returns, volatility or other results similar to such indices. Indices are not managed and have no fees and expenses. An investment cannot be made directly in an index.