Approved managers are rigorously monitored on a continuous basis. We track monthly returns, speak with managers by phone frequently, and meet with them in their office at least once a year whether in the U.S. or abroad. The firm will measure the ongoing performance of individual managers and of the investment program as a whole, and compare it with relevant benchmarks.

Account returns are measured against a Blended*Benchmark and Absolute*Return*Target on a quarterly basis. Individual managers are judged against relevant Index returns and Federal Street's established requirements. We report to clients shortly after the end of each calendar quarter and we are available at all times to answer client questions as they arise.