SAMPLE June 30, 2013 - SchwabPT.com · SAMPLE June 30, 2013. Market Commentary ... As is always the...

Portfolio ReviewAbbot Household

6718 Windy Way LaneRaleigh, NC 27601

Prepared By: Rick Davis, CFP

June 30, 2013

SAMPLE

Market Commentary

Abbot HouseholdCombined Brokerage

Period Ending: 6/30/2013Portfolio Inception Date: 2/28/2007

The economy is battling significant headwinds all of which have investors nervous, and the impact of rising commodities prices may undercut global growth projections.

Sector Weight YTD Return RecommendationGlobal Outlook

As is always the case, commodities are driving inflation. This year, it seems that oil and food prices are the primary drivers. There have been no significant new oil discoveries, and increased food demand in emerging markets both play a part in driving commodities prices up.

We believe that many overseas markets have not yet fully realized the impact of these forces and growth will moderate.

U.S. Outlook

While the U.S. is not immune to the inflationary pressures, we believe U.S. inflation will moderate in the near term due to a few key factors:

Consumer Discretionary 7% -9.01 Under Perform

Consumer Staples 12% -3.45 Market Perform

Energy 13% -1.84 Market Perform

Financial 15% -19.57 Market Perform

Health Care 16% +2.89 Out Perform

Info Tech 17% -11.23 Under Perform

�

�

Significant housing inventories will continue to depress home prices reducing household wealth.

Business hiring is flat with no meaningful indicator of an upturn in view.

The result is that the U.S. consumer is facing enormous pressures at the pump, for food and for shelter and as a result discretionary spending is plummeting. Lacking the necessary fundamentals to drive growth in wages or household wealth there is no fuel for any meaningful continued growth of core inflation.

Now, more than ever, it is important to rebalance your portfolio regularly. We are here to help. We have provided you with this comprehensive analysis of your portfolio and have some recommendations to help you weather the storm. Contact our office to schedule an appointment before the end of the year so we can discuss these items in detail and get next year off to a great start.

Kate Murphy

Kate Murphy, CFP

This data is gathered from what is believed to be reliable sources, but we cannot guarantee its accuracy. Please use your brokerage statements as an accurate reflection of your portfolio. 2

SAMPLE

Portfolio Overview



Asset Allocation

CategoryCurrent

PercentageCurrent

Value

US Equities 13.9% $67,820

Exchange Traded Funds 15.9% $77,661

Domestic Stock Funds 29.6% $145,092

Bond Funds 10.3% $50,368

Fixed Income 24.6% $120,402

Cash and Equivalents 5.8% $28,264

Total Portfolio Value 100.0% $489,607

Portfolio Growth

Portfolio Value Cumulative Net Investment

$0.00

$100,000.00

$200,000.00

$300,000.00

$400,000.00

$500,000.00

2/28/200712/31/2007

12/31/200812/31/2009

12/31/201012/31/2011

12/31/20126/30/2013

Components of Change

BEGINNING VALUE

Net Contributions

ENDING VALUE

INVESTMENT GAIN

Current Quarter

$480,212

$7,500

$464,607

($23,105)

Year to Date

$459,512

$12,500

$464,607

($7,404)

Last 3 Years

$322,758

$80,000

$464,607

$61,849

Last 5 Years

$212,393

$176,500

$464,607

$75,714

Since Inception

$0

$393,475

$464,607

$71,132

Portfolio Returns

Current Quarter Year to Date Last 3 Years Last 5 Years Since Inception

0.0%

10.0%

20.0%

Current Quarter Year to Date Last 3 Years Last 5 Years Since Inception

Your Portfolio (4.7%) (1.5%) 5.7% 3.9% 2.5%

Moderate Investment Portfolio

2.0% 10.7% 14.1% 6.2% 4.6%

30-Day Money Market Index

0.0% 0.0% 0.1% 0.2% 0.8%

S&P 500 Index 2.4% 12.6% 15.9% 4.6% 2.1%

S&P 100 1.9% 15.1% 19.7% 9.2% 6.6%

NASDAQ Composite

4.5% 13.4% 18.6% 9.4% 6.6%

All returns are TWR, net of fees. Returns for greater than 1 year are annualized.


SAMPLE

Account Performance Summary



Account Description Account Key Account Type Inception Date Current Value

Current Quarter Year to Date Last 3 Years Last 5 Years

Since Inception

Time-Weighted Rate of Return

Abbot, Joel ****5030 Brokerage 2/28/2007 370,189.07 1.8% 6.6% 10.7% 5.0% 2.5%

Abbot, Maggie ****4008 IRA 3/31/2008 94,418.04 (23.7%) (24.0%) (7.2%) (2.9%) (1.7%)

Abbot Household 2/28/2007 464,607.11 (4.7%) (1.5%) 5.7% 3.9% 2.5%

Moderate Investment Portfolio 2.0% 10.7% 14.1% 6.2% 4.6%

30-Day Money Market Index 0.0% 0.0% 0.1% 0.2% 0.8%

S&P 500 Index 2.4% 12.6% 15.9% 4.6% 2.1%

S&P 100 1.9% 15.1% 19.7% 9.2% 6.6%

NASDAQ Composite 4.5% 13.4% 18.6% 9.4% 6.6%

All returns are TWR, net of fees. Returns for greater than 1 year are annualized.


SAMPLE

Asset Class Performance Summary



Asset Class Description Inception Date Current ValueCurrent Quarter Year to Date Last 3 Years Last 5 Years

Since Inception

US Equities 4/14/2007 67,820 2.05% 7.27% 27.72% 17.52% 11.54%

Exchange Traded Funds 3/14/2007 77,661 5.84% 14.21% 7.06% 2.59% 1.11%

Domestic Stock Funds 2/28/2007 145,092 3.45% 12.16% 12.51% 4.66% 1.49%

Bond Funds 3/31/2007 50,368 (4.10%) (2.76%) 2.18% 1.56% 0.38%

Fixed Income 3/31/2008 120,402 (4.51%) (4.76%) 1.52% 3.65% 4.87%

Cash and Equivalents 2/28/2007 28,264 0.00% 0.00% 0.00% 0.00% 0.00%

Total Portfolio (Prior to Fees) 2/28/2007 464,607 (4.71%) (1.47%) 6.14% 4.39% 3.10%

Total Portfolio (Net of Fees) 2/28/2007 464,607 (4.71%) (1.47%) 5.66% 3.88% 2.48%

Moderate Investment Portfolio 2.04% 10.69% 14.10% 6.19% 4.59%

30-Day Money Market Index 0.01% 0.02% 0.07% 0.16% 0.85%

S&P 500 Index 2.36% 12.63% 15.94% 4.65% 2.12%

S&P 100 1.88% 15.08% 19.69% 9.21% 6.64%

NASDAQ Composite 4.52% 13.43% 18.64% 9.39% 6.61%

Your TWR returns are gross of fees unless otherwise stated. Returns for more than a year have been annualized.


SAMPLE

Portfolio Holdings



Description Weight Quantity Price Current ValueAcquisition

Date Unit Cost Annual Net IRR

US Equities 13.9% $67,820.37 16.4%

Technology 4.9% $23,935.83 20.2%

APPLE INC 2.4% $11,895.90 29.4%30.000 $396.53 7/1/2009 $175.07

International Business Machines 2.5% $12,039.93 14.7%63.000 $191.11 7/15/2008 $113.79

Services 6.1% $30,106.44 22.7%

Walt Disney Company 3.0% $14,777.10 19.6%234.000 $63.15 3/14/2008 $25.55

Starbucks Corp 3.1% $15,329.34 25.4%234.000 $65.51 1/15/2008 $18.88

Conglomarates 2.8% $13,778.10

3M Co. 2.8% $13,778.10126.000 $109.35 9/25/2012 $92.83

Exchange Traded Funds 15.9% $77,660.79 4.0%

Healthcare & Pharmacutical 4.3% $20,935.53 22.3%

SPDR S&P Pharmaceuticals ETF 4.3% $20,935.53 22.3%297.000 $70.49 8/1/2009 $36.96

Industry: Technology Funds 7.8% $37,991.45 7.1%

iShares Dow Jones US Regional Banks Index Fund 4.0% $19,633.46 6.3%671.000 $29.26 8/15/2007 $23.85

PowerShares Dynamic Financial Sector 3.7% $18,357.99 7.9%749.000 $24.51 3/15/2007 $18.23

Bear Market 3.8% $18,733.81 (14.7%)

ProShares Short QQQ ProShares 3.8% $18,733.81 (14.7%)817.000 $22.93 7/1/2007 $35.85

Domestic Stock Funds 29.6% $145,092.08 4.4%

Growth - Large 7.4% $36,203.51 4.6%

Growth Fund Of Amer Cl A 7.4% $36,203.51 4.1%941.329 $38.46 3/1/2007 $34.23

Growth - Small 22.2% $108,888.57 4.3%

Berwyn Income Fund 7.3% $35,807.33 2.5%2,611.767 $13.71 9/1/2007 $12.98

Dfa US Small Cap Value 7.4% $36,120.50 3.8%1,172.363 $30.81 5/1/2007 $28.00

Hartford Capital Appreciation 7.5% $36,960.74728.865 $50.71 9/25/2012 $47.25

Continued on Next Page


SAMPLE

Portfolio Holdings





Bond Funds 10.3% $50,367.70 1.5%

Fixed Income - Diversified 2.5% $12,138.69 2.7%

Permanent Portfolio 2.5% $12,138.69 5.3%270.169 $44.93 1/1/2008 $38.10

Fixed Income - High Yield 7.8% $38,229.01 0.5%

American Aadvantage High Yield 2.6% $12,754.15 (0.6%)1,410.857 $9.04 4/1/2008 $8.94

Buffalo High Yield Fund 2.7% $13,118.17 2.0%1,127.960 $11.63 8/1/2008 $10.74

Putnam High Yield Trust 2.5% $12,356.691,574.100 $7.85 9/25/2012 $8.01

Fixed Income 24.6% $120,402.42 4.8%

Corporate Bonds 11.8% $57,803.81 5.1%

BERKSHIRE HATHAWAY FIN 2.1% $10,118.17 1.7%10,000.000 $101.18 4/1/2008 $93.74

10/15/2013 4.625%Accrued Income $97.30

GE CAPITAL INTERNOTES 5.1% $25,000.00 2.1%25,000.000 $100.00 4/1/2008 $90.09

06/15/2013 4.15%

HANCOCK JOHN LIFE INS 4.6% $22,588.34 8.9%20,000.000 $112.94 3/1/2009 $98.01

11/15/2027 6.00%

Government Agency Bonds 2.7% $13,079.55 3.0%

FEDERAL NATL MTG ASSN 2.7% $12,999.73 3.0%10,000.000 $130.00 4/1/2008 $112.28

05/15/2029 6.25%Accrued Income $79.82

Treasury Notes 7.7% $37,690.70 3.1%

US TR BD STRIP PRN PMT 1.9% $9,344.66 11.3%10,000.000 $93.45 4/1/2008 $53.33

05/15/2018 0.00%

UNITED STATES TR BD 2.9% $13,913.28 0.8%10,000.000 $139.13 4/1/2008 $134.41

11/15/2018 9.00%Accrued Income $114.95

UNITED STATES TR BD 2.9% $13,984.38 1.3%10,000.000 $139.84 4/1/2008 $133.56

02/15/2019 8.875%Accrued Income $333.43

Continued on Next Page


SAMPLE

Portfolio Holdings





STRIPS 2.4% $11,828.36 12.5%

US TR SEC STRP INT PMT 2.4% $11,828.36 12.5%20,000.000 $59.14 4/1/2008 $31.83

02/15/2029 0.00%

Cash and Equivalents 5.8% $28,263.75

Cash and Equivalents 5.8% $28,263.75

CASH 5.8% $28,263.75

Portfolio Total 100.0% $489,607.11 5.0%


SAMPLE

Billing Statement



Abbot Household6718 Windy Way LaneRaleigh, NC 27601

1st Quarter 2013 Management Fees

Statement for Services Rendered: December 31, 2012 through March 31, 2013

Billable Account Value as of March 31, 2013: $480,211.93

Description Asset Value Range Amount Rate Fee Amount

Up to $150K $0.00 to $150,000.00 : $150,000.00 x 0.2500% = $375.00$150K to $250K $150,000.01 to $250,000.00 : $100,000.00 x 0.2300% = $230.00$250K to $1M $250,000.01 to $480,211.93 : $230,211.93 x 0.2100% = $483.45

Fee: $1,088.45

Adjustment for Capital FlowsDate of Flow Fraction of Period Flow Amount Rate Adjustment Amount

February 15, 2013 45 / 90 x $5,000.00 x 0.2100% = ($5.25)

Adjustment Total: ($5.25)

Subtotal: $1,083.20

Total Amount Due: $1,083.00

Allocations for Group MembersName Billing Account Account Number Account Value Bill Amount

Maggie Abbot 999-4008 999-4008 $123,687.14 $279.00Joel Abbot 999-5030 999-5030 $356,524.79 $804.00

This is not an invoice. Your fee has been deducted from your account.


SAMPLE

Disclaimers



Market TermsAccrued InterestInterest that has accumulated since the last pay date, but has not yet been paid. Computed using the interest rate of the security.

Beginning/Ending ValueThe total value of all investments in your portfolio at the beginning or ending of the period or on a specific date. This value includes the market value of securities, cash and money funds, and accrued interest on bonds.

Capital FlowsDeposits and withdrawals of cash and securities. Capital flows include receipts and transfers of securities as well as cash deposits and withdrawals.

Cost BasisOriginal price of an asset, used in determining capital gains. Cost Basis is usually the purchase price including all fees.

ExpenseFee charged against a portfolio, reducing portfolio value. Includes Management Fees charged by the advisor.

Time Weighted Return (TWR)Provides a measure of the growth of a portfolio in terms that remove the effect of the timing and size of capital flows.


SAMPLE

Date post:	20-Aug-2018
Category:	Documents
Upload:	hadung
View:	214 times
Download:	0 times

SAMPLE June 30, 2013 - SchwabPT.com · SAMPLE June 30, 2013. Market Commentary ... As is always the...

Documents