By Scott Ronalds

Assessing your portfolio’s performance is a key element of being a successful investor. Yet, it’s also one of the ‘muddiest’ and more overlooked areas of investing. That’s because a proper performance assessment takes time and is hard to do. Also, the wealth management industry doesn’t help matters by providing account statements that are often difficult to read and don’t provide relevant information on performance and fees.

At Steadyhand, we want to change this. By providing a common-sense framework for assessing investment performance, we feel that investors will be better able to make sound decisions and in turn, achieve their investment objectives.

Tom Bradley is passionate about the issue (some of my colleagues would argue that obsessed is the more appropriate word) and has worked hard over the past few months in preparing a practical approach to assessing investment returns. It takes into account the limited time and resources most investors have.

The end product is a paper titled How is My Portfolio Doing … And What Should I do About it. We have also prepared a supplementary report that uses the framework to assess the performance of the Steadyhand Balanced Income Portfolio, which is a hypothetical model portfolio used by a large number of our clients. Both reports are available in the Library section of our website, or you can download them by clicking the links below.

How is My Portfolio Doing ... And What Should I do About It?

Steadyhand Balanced Income Portfolio: A Performance Assessment