With $20k Investment In Any Mix Of Marketocracy Managers
Until you've developed your own investment style and track record, consider dividing your portfolio between index funds and managers with superior long-term track records. I know it is hard to find such managers because I've spent a lot of time and money looking for them. Take a look at a few of the managers I've found and if you invest $20k into a mix of any of their portfolios, I will provide you a complementary Marketocracy Pro membership (a $399/year value) so that you can continue to develop your own track record without risking your capital.
Whether your investing objective is income/dividends or aggressive growth, or something in between, here are a 3 good managers with different investment styles to get the conversation started. When you are ready to discuss your specific situation schedule a call with Ken Kam.
Todd Hagopian: For aggressive investors with a 4 year investment horizon, Todd's Biotech Portfolio is worth evaluating. Since it's inception over 5 years ago, this portfolio delivered an average annual return over 28% while the S&P 500 delivered less than 12% over the same period. Over the last 5 and 3 years, this portfolio outperformed the #1 Morningstar ranked mutual fund.
Wayne Himelsein: Index investors with a 4 year investment horizon, should look at Wayne's Focus Fund Since it's inception over 16 years ago, this portfolio delivered an average annual return over 11% while the S&P 500 delivered less than 5% over the same period. Over the last 10, 5 and 3 years, this portfolio would place in the top quartile of Morningstar ranked mutual funds.
Sam Miklosko: Less aggressive investors with a 4 year investment horizon, take a look at Sam's REIT Opportunity Fund. Since it's inception over 7 years ago, this portfolio delivered an average annual return over 19% while the S&P 500 delivered just over 15% over the same period. Over the last 5 and 3 years, this portfolio would place in the top quartile of Morningstar ranked mutual funds.
We expect that every manager's investment style will come into and fall out of favor over the short-term. To avoid whip-sawing your account and the managers, we aske that you go into any manager's portfolio with the intention of giving them at least 4 years to execute for you. However you will have the data you need to evaluate the performance of any individual manager's contribution to your overall portfolio performance so you can make informed course corrections should you need to make a change.
For accounts less than $250,000, MCM's annual management fee is 1.50%. In addition, FOLIOfn -- the brokerage firm where your account will be domiciled -- charges a brokerage fee of 0.40% with an annual minimum of $200. Of course, if you would like to invest more than $250,000 in your model portfolio, the fees would come down. See Frequently Asked Questions for a table of fee breakpoints.
We use FOLIOfn because their fee structure and the ability to hold fractional shares enables us to match your model's performance very closely. It also enables our clients to make deposits or withdrawals in small amounts.
Example: Say your portfolio has 20 positions in it. If you add $1000 to your account you would need to make 20 trades to keep the account in sync with your model. If you paid $10/trade, your commissions would be $200 or 20% of your transaction. Even if you paid just $1/trade, your commissions would still be 2% of your transaction.
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