As readers will know, Steadyhand has ranked highly on Morningstar's annual Stewardship Grades.  That status was reinforced last night when we won the Best Stewardship Initiative Award at the Canadian Investment Awards.

It was the first ever award of this type and we won it specifically for the report we published in January, How Is My Portfolio Doing?  And What Should I Do About It? A Framework For Assessing Investment Performance (the pdf is available for download here).  In announcing the winner, David O'Leary, Director of Fund Analysis, Canada, said:

"This year's winner is a small firm that proves you don't need a huge communications or marketing department to provide excellent educational material for investors. With just a handful of people on staff, this firm published a 17 page document that clearly illustrates how investors can tackle the complex task of evaluating their portfolio performance, an area that the firm correctly identified as needing room for improvement across the industry. The document gives a thorough explanation in language that is accessible to even unsophisticated investors, and can even be a handy reference for those investors who deal with advisors."

I should note that we are planning to issue a revised version of the report in mid-January.  There will be a few refinements, but the main thing is that we'll update all the market returns to December 31st, 2011.