GIPS Verification

Footprints Asset Management & Research Inc. Completes GIPS® Verification for Compliance

Press Release: Footprints Asset Management and Research Inc. – Mon, Mar 18, 2013 08:00AM CDT

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OMAHA, Mar. 18, 2013/ - - Footprints Asset Management and Research, Inc. (FAMR) announced today completion of its verification for compliance with the Global Investment Performance Standards (GIPS®).  FAMR retained the services of Ashland Partners of Jacksonville, Oregon to examine performance, policies and procedures. These standards were designed to provide assurance for investors who want reliable performance information based on the principles of fair representation and full disclosure.  The GIP standards are a rigorous set of investment performance measurement principles adopted in 30 countries and recognized around the world for their unparalleled credibility, integrity, scope, and uniformity, enabling direct comparability of a firm’s track record.  

FAMR’s performance dating back to June 30, 2003- December 2010 has been examined by Ashland Partners & Company, LLP, founded in 1992 by Mel Ashland. This third party examination of compliance is within the recommendations of GIPS®. Steve Lococo, President and Senior Portfolio Manager commented, “With ever increasing importance being placed on transparency and integrity in the investment industry, it is important now, more than ever, to show that FAMR abides by high standards of full disclosure and ethical displays of performance.”  Rebecca Hendrickson, Vice President and Accountant commented, “Though the process was arduous, the ability to claim compliance with GIPS® is invaluable.  We endured a thorough examination of our past performance to provide prospective clients assurances when reviewing our performance results.”  FAMR has retained Ashland Partners to conduct quarterly reviews and examinations. 

About Footprints

Footprints Asset Management and Research (FAMR), Incorporated is an independent Absolute Value adviser headquartered in Omaha, Nebraska. The firm was founded in 2003 by current President and Portfolio Manager, Steve Lococo. Equipped with the flexibility of independence, Footprints developed its Separately Managed Account and Mutual Fund business to fulfill its ultimate mission: to discover and deliver value to investors.  Please contact Robert Laramey to obtain a Compliant Presentation and/or FAMR’s list of composite descriptions. For more information please visit, www.famr.com

 

Contacts

FAMR (Investor and Media Relations)

Relationship Manager

Robert Laramey, (402) 445-9333

rlaramey@famr.com