Dividend Growth Composite includes all institutional and retail portfolios that invest in a diversified group of high-quality industry leading companies that have consistently raised their dividends over time. The strategy aims to deliver a total return primarily through dividend income and long-term capital appreciation through investments in a portfolio of mostly large-cap companies designed to provide investors with a base of increasing dividend income. For comparison purposes, the Dividend Growth Composite is measured against the Russell 1000® Value index. The Russell 1000® is a market capitalization-weighted index of approximately 1,000 of the largest companies in the U.S. equity markets and comprises over 90% of the total market capitalization of all listed U.S. stocks. The Russell 1000® Value Index measures the performance of those Russell 1000® companies with lower price/book ratios and lower forecasted growth values. The minimum account size for this composite is $100 thousand. The Dividend Growth Composite was created April 1, 2017.
60 West Advisors claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. 60 West Advisors has been independently verified for the periods April 1, 2017 through June 30, 2017. Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm’s policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. The Dividend Growth Composite has been examined for the periods April 1, 2017 through June 30, 2017. The verification and performance examination reports are available upon request.
60 West Advisors, a wholly owned subsidiary of McQueen, Ball & Associates, Inc., is a registered investment adviser with United States Securities and Exchange Commission in accordance with the Investment Advisers Act of 1940. 60 West Advisors began managing assets on April 1, 2017. Performance presented prior to April 1, 2017 occurred while the Portfolio Management Team were affiliated with a prior firm and the Portfolio Management Team were the only individuals responsible for selecting the securities to buy and sell. The prior firm track record has been reviewed by an independent accounting firm and conforms to the portability requirements of the GIPS standards. 60 West Advisors first claimed compliance with the GIPS standards on April 1, 2017 for the period April 1, 2017 through present. The firm’s list of composite descriptions is available upon request. Results are based on fully discretionary accounts under management, including those accounts no longer with the firm. Leverage or derivatives may make up a part of the composite strategy which, depending on conditions in the financial markets, may include utilizing options to hedge entire portfolios or a specific security within a portfolio. Past performance is not indicative of future results. The U.S. Dollar is the currency used to express performance. Returns are presented gross and net of management fees and include the reinvestment of all income. Net of fee performance was calculated using the highest investment management fees. The annual composite dispersion presented is an asset-weighted standard deviation calculated for the accounts in the composite the entire year. Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. The investment management fee schedule for the composite is 1.00% on the first $1 million, 0.75% on the next $1 million, and 0.50% on assets in excess of $2 million. Actual investment advisory fees incurred by clients may vary.