Time Weighted Total Return Portfolio Performance Summary
The following performance report is based upon data supplied by FUTR’s custodian, Comerica Bank & Trust N.A.
Presentation represents all relationships established for one year.
Results are calculated using a time-weighted total rate of return formula and are expressed in U.S. Dollars. Performance results include all discretionary capital preservation portfolios under the management of FUTR Family Management, LLC. The portfolio sub-advisors are selected based on a Benjamin Graham discipline featuring margin of safety, intrinsic value, and special situations. FUTR Family Management, LLC currently has three U.S equities manager, a fixed income manager, and an international manager. The composite results reflect the reinvestment of dividends and interest, where appropriate. A custom index is shown for comparison purposes which are composed of the Russell 3000 Index, MSCI EAFE Index, Barclays Aggregate Fund Index, and the Merrill Lynch 3 Month Treasury, see above for benchmark allocations. Index returns are presented gross-of-fee. Individuals cannot invest directly in any index.
Gross-of-fee performance results are presented before management and custodial fees but after all trading expenses. *Net-of-fee performance results are presented net of management fees, custodial fees, portfolio sub-advisory fees, and trading expenses.** “Full Burden Net” performance results are presented inclusive of all trustee services needed by the client, management fees, custodial fees, trading expenses, and portfolio sub-advisory fees.
“Net-of-fee” and “Full Burden Net” performance is calculated using actual fees paid by FUTR clients. Not all FUTR clients use all portfolio sub-advisers or the trust services. Hence, the effective fees paid by FUTR clients were significantly less than the billed amount. For a complete fee schedule see our ADV 2 Brochure, which is available upon request.
It is important to know that PAST PERFORMANCE DOES NOT GUARANTEE OR PREDICT FUTURE PERFORMANCE. Investment in securities is characterized by risk of loss.
