mpi Tribute
Tribute's unique attribution methodology provides plan sponsors and investment consultants with the ability to make rational decisions about their performance and design custom investment strategies that are best suited for their policy constraints and investment guidelines.
Unified Attribution Framework
Tribute allows the user to analyze funds of any complexity consisting of dozens of managers representing various asset classes and styles, and delivers results in a visual, presentation-ready form.
Performance Monitoring and Analysis
Tribute gives plan sponsors and investment professionals an insight into the management process: it attributes a fund's performance gains and losses to asset, style, and manager bets, and allows the user to locate particular transactions that led to these bets. Tribute is even able to produce real dollar effects of every investment decision over time.
Communication
Plan sponsors are finally able to defend their management decisions before the board and the consultant; isolate their contribution to the funds' performance apart from that of the board, their predecessors and money managers. Investment consultants using Tribute are able to design and present necessary changes to their clients' investment policy structure and management style, as well as demonstrate the value added by their advice to the clients' investment portfolios in real dollar terms.
Sponsor's Peer Group
While it is common practice to compare a fund's performance to the performance of similar funds within the same group: corporate, public, university endowments, etc., these groups are not necessarily representative and the investment guidelines may be quite different for each fund within the group. In Tribute, the fund's performance is ranked within the group of funds designed to have similar policy constraints and investment guidelines.
Research
For an investment professional Tribute is a valuable Research Tool. It allows the user to select and backtest the most appropriate management strategy, simulate and evaluate various "what if" scenarios and rebalancing strategies, and identify strengths and weaknesses of the fund management process.
Unique Design
Tribute's presentation quality charts and tables allow you to use the program for on-screen presentations without any specialized software. Using Tribute you are able to produce multi-page custom reports in a matter of seconds. The program brings you the best of Windows in a uniquely designed user interface and a live built-in tutorial.