Disclosure
Small
Cap Equity Performance Description
Van Berkom and Associates Inc. (VBA)
is defined as an SEC registered independent investment advisor.
VBA is also registered with the Quebec, Nova Scotia, Ontario,
Alberta and British Columbia Securities Commissions as an
Investment Counselor.
Performance numbers shown are the time-weighted, total return
results of the US Small Cap Equity Composite managed by the
investment professionals at Van Berkom and Associates Inc. from
July 1, 2000 to present. The composite creation date and the
effective date of compliance with AIMR performance standards is
July 1, 2000.
The
composite includes all fee-paying, fully discretionary separate
account portfolios which are following a US small capitalization
equity mandate. Only full calendar quarters are included in the
calculation of performance. Performance is based on returns in
US dollars. Performance shown is gross of all management and
incentive fees and net of withholding taxes on dividends,
interest and capital gains.
The benchmark shown is the
Russell 2000 Index for which there is no advisory fee.
Performance results earned on behalf of VBA’s clients are
calculated gross of
investment management fees and will be reduced by the investment
advisory fee. Generally, fees are
charged based upon the size of the portfolio and are stated
below and in Part II of VBA’s Form ADV.
Separate Account Management
All assets……1.00%
Composite performance is measured on a monthly basis and
geometrically linked to obtain the quarterly and annual results.
Trade date valuations are used to calculate performance.
Eligible new portfolios are added to the composite after they
have been fully invested for one full calendar month.
Terminated accounts remain in the historical figures. A
complete list and description of Van Berkom’s composites is
available upon request.
The following
is presented for informational purposes:
| Year
Ended December 31 |
Gross
Rate of Return |
Net
Rate of Return |
Number
of Port-folios |
Non-Fee
Paying Portfolios (%) |
Composite
Assets at End of Year ($mm) |
Composite
Assets as % of Total Firm Assets |
Composite
Assets as % of Total Product Assets |
Dispersion
of Annual Returns (Standard Deviation) |
Benchmark
Return of
Russell
2000
Index |
|
2006
|
14.93% |
13.85% |
5 |
0.00% |
$251.2 |
21.00% |
98.82% |
0.12% |
18.35% |
|
2005 |
4.82% |
3.82% |
4 |
0.00% |
$211.3 |
15.40% |
95.70% |
0.22% |
4.55% |
| 2004 |
21.77% |
20.63% |
4 |
0.00% |
$169.0 |
11.75% |
94.39% |
0.02% |
18.33% |
| 2003 |
26.10% |
24.92% |
4 |
0.00% |
$139.5 |
10.82% |
93.45% |
0.49% |
47.25% |
| 2002 |
-6.72% |
-7.61% |
2 |
0.00% |
$95.9 |
11.20% |
92.82% |
0.00% |
-20.48% |
| 2001 |
23.74% |
22.58% |
1 |
0.00% |
$69.3 |
7.59% |
89.09% |
0.00% |
2.49% |
| 2000
(beg7/1) |
13.72% |
13.18% |
1 |
0.00% |
$52.2 |
5.36% |
82.19% |
0.00% |
-5.88% |
Van Berkom
and Associates Inc. has prepared and presented this
performance report in compliance with Performance Presentation
Standards of the Association of Investment Management Research
(AIMR-PPS). AIMR has not been involved with the preparation
or review of this report. Past performance is not a guarantee
of future results.
Marketing
Disclosure:
(As required by
SEC Rules and Regulations)
Greg Reid Associates,
Inc., located in Walpole, Massachusetts, serves as an
independent agent and marketing representative for van Berkom
and Associates Inc. (VBA) located in Montreal, Canada. Greg
Reid Associates is compensated for its services by van Berkom
and Associates Inc. in the form of an annual marketing retainer
fee. In addition, for the production and retention of
new business generated, Greg Reid Associates receives a
percentage of VBA’s institutional asset management fees. No additional amount is added to VBA’s
investment advisory fee as a result of Greg Reid Associates’
role in the solicitation of new business for them. A copy of
VBA’s Form ADV as filed with the Securities and Exchange
Commission is available upon request.
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