Client Access

Morningstar 5-Star Rating for 10-Year Performance

The Golub Group’s Equity Accounts have received a five-star rating from Morningstar based on our 10-year performance record. Finishing on top through the last 10 tumultuous years underscores the durability of our value-based investment approach. Morningstar is one of the most recognized and trusted independent research organizations in the investment industry serving more than 6.5 million individual investors, 260,000 financial advisors, and 3,300 institutional clients around the world.

For each separate account with at least a three-year history, Morningstar calculates a Morningstar Ratingä based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a separate account’s monthly performance placing more emphasis on downward variations and rewarding consistent performance.  The top 10% of separate accounts in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a separate account is derived from a weighted average of the performance figures associated with its three-,five- and ten-year Morningstar Rating metrics.  Golub Group Equity composite was rated against 261 U.S.-domiciled Large Blend separate accounts over a ten year period:  and 385 funds overall. With respect to these Large Blend separate accounts, Golub Group Equity received a Morningstar Rating of 4 stars overall, and Morningstar Rating of 5 stars over ten year period. The Morningstar rating is as of the quarter ending December 31, 2012.

© 2012 Morningstar, Inc.  All Rights Reserved.  The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.  Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.  Past performance is no guarantee of future results.

GIPS Compliance

Golub Group claims compliance with the Global Investment Performance Standards (GIPS ®), a set of industry-wide ethical principles that provide investment firms with guidance on how to calculate and report their investment results to prospective clients. The Golub Group has been independently verified for the period of December 1, 2003 through June 30, 2012. 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 GIPS standards. Global standardization of investment performance reporting gives investors around the world the additional transparency they need to compare and evaluate investment managers.  Golub Group is an independent registered investment advisor that specializes in portfolio management for high-net worth individuals, separate accounts, retirement plans, foundations and endowments. The standards were created and are administered by the CFA Institute and organizations in 34 countries sponsor and promote the standards, Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request.

Please contact Jennifer Rouse at (650) 212-2240 if you would like to obtain a complete list of composite descriptions or a fully compliant presentation.

To see the most recent copy of our fully compliant performance presentations, click here.