Portfolio up +20.6% YTD Outperforming S&P 500
Vision | Courage | Patience for successful investing
As a long-term investment manger, we seek to identify trends early enough to select the companies that stand to benefit from our core value investment principles.
This year, before taxes and fees, the Fundamental Value Fund is outperforming the S&P 500 Total Return Index, with returns for the year of 20.6 vs. 18.0.
Here is a complete holdings outline:
This has been a year full of uncertainty, but we are committed to delivering concentrated positions of high conviction stocks. Value tilts that favor the US Consumer have outperformed, while positioning in large scale transport leasing has been a net drag on performance.
Shifts into cybersecurity and chip manufacturing are identified as unique value opportunities and will be implemented within the next six months from our high conviction watchlist.
Our investment performance is a testament to a disciplined investment strategy.
Investment returns matter. You can double your buying power every six years, if you make an average return on investment of 12% after taxes and inflation every year.
Value investing may go in and out of popularity but fundamental drivers never go out of style.
A review of more than 4,000 portfolios by Capital Group’s Portfolio & Analytics team found that investors significantly reduced allocations to value equities over the last three years. Source.
We will continue to do things differently from other advisors so we can continue to have a unique return profile.
If your investment performance is not what you expect, it may be time to review your portfolio to see where you can improve.
As always, if you'd like to schedule a time to discuss your personal financial goals click here!
Darin Tuttle, CFA
Founder & Chief Investment Officer
Tuttle Ventures, LLC