Performance and Fees
DVCM has achieved very positive long-term performance results; well above those achieved by popular stock and bond market indices over the same time periods, and well in excess of inflation. This performance record has been accomplished by effective preservation of capital in periods of declining markets.
The above-average long-term returns reflect a conservative philosophy of risk aversion during a period of exceptional volatility in the financial markets.
Compensation for our services is based on market value of assets placed under management, reappraised quarterly. Fee arrangements are described in a separate schedule, attached to our advisory agreement.
