1st Quarter Investment Strategy 2013
Core Growth Equity Investment Strategy Can Your Fund Beat the Index? This is the question two Yale professors asked when they created the financial measure they named “Active Share”. Essentially, Active Share looks at the percentage of a fund’s assets that is invested differently from a given benchmark index. If the fund’s holdings are substantially [...]
4th Quarter Investment Strategy 2012
Core Value Equity Investment Strategy The ability of investors to access the equity markets using index mutual funds (also known as “passive” investing) has become more prevalent over the past decade. Indexes were originally created to measure the change (performance) in the stock market or the economy. An example is the long-standing and commonly used [...]
3rd Quarter Investment Strategy 2012
Core Growth Equity Investment Strategy Economic Moats Years ago, Warren Buffet coined the phrase “Economic Moat” to describe a key factor contributing to the ongoing success of a company’s business model in generating above-average profits. The term refers to the strength and sustainability of a firm’s competitive advantage. The Goelzer Core Growth Equity team uses [...]
2nd Quarter Investment Strategy 2012
Rising Dividends Equity Investment Strategy Seven years ago we created our Rising Dividends Equity Portfolio to provide clients with the opportunity to benefit over time from a growing stream of dividend income. The portfolio seeks to meet this objective by investing exclusively in dividend paying stocks with a focus on those that are able and [...]
1st Quarter Investment Strategy 2012
Core Value Equity Investment Strategy “The determining trait of the enterprising investor is his willingness to devote time and care to the selection of securities that are both sound and more attractive than the average. Over many decades, an enterprising investor of this sort could expect a worthwhile reward for his extra skill and effort [...]
4th Quarter Investment Strategy 2011
Core Growth Equity Investment Strategy Be fearful when others are greedy and greedy only when others are fearful. -Warren Buffett Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well. – Warren Buffett The future [...]
3rd Quarter Investment Strategy 2011
Rising Dividends Equity Investment Strategy “The Committee currently anticipates that economic conditions – including low rates of resource utilization and a subdued outlook for inflation over the medium run – are likely to warrant exceptionally low levels for the federal funds rate at least through mid-2013.” The Federal Reserve Open Market Committee – August 9, [...]
2nd Quarter Investment Strategy 2011
Core Value Equity Investment Strategy As we prepare to close out the second quarter of 2011, the old adage “Sell in May and Go Away” is shaping up to be prophetic once again. Since 1928, the S&P 500 has averaged a gain of 5% from November 1 through April 30, compared with a gain of [...]