Cost basis information is downloaded from your custodian. Positions with missing cost basis are reported as having a cost basis of $0.01.
Position valuation and performance reflects expected divided payments (accrued income). Between a security's ex date, the date that a security price is reduced by the dividend payment amount, and the security's pay date, the date the dividend is actually paid to the investor, position valuation and performance is adjusted to include the dividend amount.
Position valuation and performance includes accrued interest for fixed income securities.
Returns are reported net of expenses, such as mutual fund expenses, transaction fees and investment management fees. If you paid a management fee from a non-managed account, adjusting transactions have been entered to reduce performance by the fee amount.
Performance is calculated daily by Tamarac, Parkside Advisor LLC's portfolio accounting service provider.
Security prices are obtained by Tamarac from Fidelity and Schwab. If pricing is not available from Fidelity or Schwab, Tamarac obtains pricing data from other custodians linked to it, and finally from Interactive Data Corporation. Therefore, valuations in Parkside Advisor LLC's reports may vary slightly from pricing reported by your custodian.
Reports include performance benchmarks as follows: US Large-Cap Equities = S&P 500 Index; US Small-Cap Equities = Russell 2000 Index; Foreign Developed Market Equities = MSCI EAFE Index (net of dividends); Emerging Markets Equities = MSCI Emerging Markets Index (price only); Fixed Income = Barclays US Aggregate Bond Index.
Reports include a blended benchmark, which is the allocation-weighted return of your Investment Policy as follows:
Equity / Fixed Income
|S&P 500 Index||Russell 2000 Index||MSCI EAFE Index (net of dividends)||MSCI Emerging Markets Index (price-only)||Barclays US Aggregate Bond Index|
|100% / 0%||35%||20%||35%||10%||0%|
|90% / 10%||34%||20%||28%||8%||10%|
|75% / 25%||30%||15%||23%||7%||25%|
|60% / 40%||25%||10%||19%||6%||40%|
|50% / 50%||24%||6%||16%||4%||50%|
|25% / 75%||12%||5%||6%||2%||75%|
|0% / 100%||0%||0%||0%||0%||100%|
If your investment policy has changed, the blended benchmark will reflect the new composition of the portfolio beginning on the date of the Policy's execution. For example, if your policy changed from 90/10 to 75/25 on 6/30/2014, then the blended benchmark for the period through 6/30/2014 will be calculated using 90/10 percentages, and will be calculated using 75/25 percentages from July 1, 2014 going forward.
Parkside Advisors LLC urges you to compare the information in your statement with the statements you receive directly from your custodian.