Disclosures for the Compass Portfolio Series of investment funds
- General Disclosure
This website has been created by ATB Investment Management Inc. ("ATBIM”) which manages the Compass Portfolio Series. ATBIM and ATB Securities Inc. ("ATBSI") are wholly owned subsidiaries of ATB Financial and operate under the trade name ATB Investor Services. ATBIM and ATBSI are licensed users of the registered trademarks for ATB Investor Services. The performance data provided assumes re-investment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that may reduce returns. Mutual Funds are not insured by the Canada Deposit Insurance Corporation, nor guaranteed by ATB Securities Inc., ATB Investment Management Inc., ATB Financial, the province of Alberta, any other government or any government agency.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rate[s] of return is [are] the historical annual compounded total return[s] including changes in [share or unit] value and reinvestment of all [dividends or distributions] and does [do] not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
ATB Financial, ATBIM and ATBSI do not accept any liability whatsoever for any losses arising from the use of this website or its contents. This website is not, and should not be construed as, an offer to sell or a solicitation of an offer to buy any investment. This website may not be reproduced in whole or in part; referred to in any manner whatsoever; nor may the information, opinions, and conclusions contained herein be referred to without the prior written consent of ATBIM.
- Lipper Fund Awards
The Compass Portfolio Series was awarded the 2014 Lipper Fund Award in the Best Mixed Assets Funds Group. In addition, the Compass Conservative Balanced Portfolio Series A received the Canadian Fixed Income Balanced award for the 3-year and 10-year period ending July 31, 2014 out of a total of 90 and 46 funds respectively. The Lipper Fund Awards, presented annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. More information on the Lipper Leaders rating system can be found here. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained therein, the accuracy is not guaranteed by Lipper.
For more information on how the Lipper Awards are determined please follow this link: Lipper Award Methodology.
- Trademarks and Copyrights
ATB Investor Services and its logo are the property of Alberta Treasury Branches and used with permission. All other copyrights are the properties of their respective owners.
- Calculation of the Potential Range of Return
Each portfolio’s expected return and volatility is derived from the return and volatility of its underlying asset classes, scaled by the appropriate portfolio weights. The volatility measure also incorporates estimates of correlation between all the underlying asset classes, where correlation measures the extent to which any two asset classes move together.
Portfolio return and volatility measures are then extended from annual to multi-year periods, and the 95% confidence interval is calculated as approximately two standard deviations (volatilities) on either side of the expected return. Given estimates of return and volatility, the 95% confidence interval represents the range within which returns should lie 95% of the time.
Caution on the use of the Potential Range of Return
The hypothetical Potential Range of Return bars are for illustrative purposes only and do not represent actual returns. No representation or warranty is made as to the reasonableness of the assumptions or that all assumptions used in calculating the Potential Range of Return have been stated or fully considered. We do not guarantee that the hypothetical Potential Range of Return will be similar to actual performance. Hypothetical, back-tested or simulated performances have many inherent limitations, including, but not limited to: they are designed with the benefit of hindsight, based on historical data, and do not reflect the impact that certain economic and market factors might have had on the decision-making process; this material is not representative of any particular client’s experience. Investors should not assume that they will have an investment experience similar to the hypothetical, back-tested or simulated performance shown; the back-testing of performance differs from actual account performance because the investment strategy may be adjusted at any time, for any reason and can continue to be changed until better performance results are achieved; the back-tested performance includes hypothetical results that do not reflect the deduction of advisory fees, brokerage or other commissions, and any other expenses that a client would have paid or actually paid. Please ask your financial advisor for further information regarding the limitations of hypothetical, back-tested or simulated performance measures.
- Unclaimed Property
The Alberta Unclaimed Personal Property and Vested Property Act sets out specific responsibilities for the administration of unclaimed property if the last known address of the owner of the property was in Alberta. Similar legislation has been enacted in British Columbia and Quebec, and is designed to ensure that all reasonable effort is made to return unclaimed property to its owner. If you believe you may have unclaimed property with us, we recommend that you contact your investment dealer and/or advisor immediately for assistance. Alternatively, you may contact ATB Investment Management Inc. directly and provide the following information in writing in order to assist us in locating your file:
- Your name, and current mailing address
- Your old mailing address that would match our records
- Any and all details you can provide about the property
- Certified copies of two pieces of identification
Appropriate documentation to validate your status as the owner, heir or assignee.
ATB Investment Management Inc.
2300 - 10020 100 Street NW
Edmonton, AB T3J 0N3
Attn: Chief Compliance Officer
Phone: (855) 386-2282