|
CHOICE Special Opportunities Portfolio
Our Special Opportunities Portfolio is designed for moderately aggressive investors seeking to maximize pre-tax capital appreciation. This is a multi-cap, multi-style portfolio that emphasizes stock picking from all areas of the public equity markets. We are sensitive to tax considerations, but those cannot be our primary investment consideration. Turnover historically has been less than 50%, although there can be no assurance that that will remain constant in the future.
Portfolio holdings are likely to be a combination of younger "growth" companies and well-known names we believe are attractively valued. The overall yield has traditionally been less than 1.0%. We evaluate this portfolio primarily against the Russell 3000 Index to reflect the combination of large-, mid-, and small-cap stocks that can define the portfolio.
Although the portfolio’s historical performance has been superior to that of the Russell 3000 Index, we believe it is notable that volatility (as measured by “beta”) nevertheless has been below the Russell 3000 Index since the portfolio’s inception (January 1, 2001).
CHOICE Asset Management View of the Current Market
Past performance is no guarantee of future results. Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns. Diversifying investments does not ensure against market loss. Yields will vary. The actual characteristics with respect to any individual client account portfolio may vary, but the information shown is generally representative of a typical account portfolio. Information herein may be from outside sources that are believed to be reliable and accurate, but no verification of the information has been performed.
Individual investors cannot directly purchase an index. The Russell 3000 measures the performance of the largest 3000 US companies representing approximately 98% of the investable US equity market. Scott & Stringfellow and its representatives do not provide tax advice. You should consult your professional tax advisor before taking any action that may have tax consequences.
|
