Sentences with phrase «as portfolio manager averaged»

He retired in 1995 after 31 years (1964 - 1995) of market - beating investment results while the Vanguard Windsor Fund during his tenure as portfolio manager averaged +13.7 % against the S&P 500 Index of +10.6 %.

Not exact matches

As older bonds mature, newer bonds are purchased and the portfolio manager of the fund generally tries to keep the average maturity in the range that is stated in the fund's objective.

As time goes by and bonds get closer to their maturity dates, the portfolio manager will replace some of the shorter - term bonds with longer - term ones in order to keep the average within the stated range.

To determine allocation effect, we compare the average weight in each of the 11 GICS ® sectors held by active large - cap managers relative to the S&P 500 during the measurement period, and the sector contribution to benchmark return as well as the portfolio return.

Although he stopped running others» money in 2003 — by his account, he averaged a 16 % total return after fees during five decades as a stand - alone investment manager, versus 10 % for the S&P 500 — Schloss today oversees his own multimillion - dollar portfolio with the zeal of a guy a third his age.

We simply view JOE as an investment manager with permanent capital and understand how such companies are capable of above - average returns and how they can complement our other portfolio holdings.

You'll feel like a seasoned portfolio manager with news, charts and complex technical analysis tools — such as Bollinger Bands and moving averages — all at your fingertips.

But once you add in fees (the average stock fund had an expense ratio of 1.19 % in 2014, according to Morningstar's 2015 Fee Study, vs. 0.17 % for an S&P 500 index fund offered by Vanguard), and consider the unpredictability of the market and other quirks of the money - management business, such as how index gains are calculated, it's not that easy for portfolio managers to consistently outpace passive funds.

If active portfolio managers on the whole own what makes up a reasonably large portion of the market they are going to own a representative sample of the market and as long as there is even one dollar of expense involved on average they will under perform.