Commentary and analysis include, but are not limited to, the allocation of a fund's portfolio securities and other investments among various asset classes, sectors, industries and countries, the characteristics of the stock components and other investments of a fund, the attribution of fund
returns by asset class, sector, industry and country, and the volatility characteristics of a fund.
VeriPlan can vary future expected investment
returns by asset class, and it automatically analyzes the details of your taxes, investment expenses, and retirement investment plans.
Here is a graph of
returns by asset class from JP Morgan with the average investor returns added.
VeriPlan can vary future expected investment
returns by asset class, and it automatically analyzes the details of your taxes and investment expenses.
However, if you dig up the average fund investor
returns by asset classes, I suspect the story will be similar.
Not exact matches
These power centers are starting to have an impact, both through their investments and
by convincing others that companies led
by women are an undervalued
asset class — one that will deliver superior
returns.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment
by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders
by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16)
returns on pension plan
assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending
by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Over the past few years, public pensions including California Public Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country
by assets — have posting mediocre
returns due to low interest rates and growing retirement obligations.
On Monday, the fund said its portfolio
return was 5.1 percent per annum in U.S. dollar nominal terms over the five years to March 31, 2017, helped
by the run - up in global financial
assets, versus 3.7 percent a year ago.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused
by the proposed tariffs
by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty
returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed
by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable
assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
The board has been dealing with the volatility of publicly traded stocks and low
returns from government bonds
by diversifying into other forms of
assets, including equity in private companies and investments in infrastructure such as highways and real estate.
It's calculated annually
by dividing operating expenses
by the average dollar value of the fund's
assets — lowering
returns for investors, which is why it's important to know.
As a result, pension funds have had to go out on the risk curve, taking more risk to glean more
return by investing, in part, in
assets that are not as liquid as stocks or bonds.
Frustrated
by the traditional foundation model in which programmatic impact is limited to the small grants budget, the foundation's board agreed to invest some endowment
assets in ventures and funds that generated social and environmental benefits along with attractive
returns.
It would be a 6.7 %
return on
assets because $ 800,000 divided
by $ 12,000,000 in
assets is 6.7 %.
As always, more
return leads to more risk but
by spreading out your portfolio over a number of different
assets you can continue to decrease your risk of holding only one type of investment.
It intends to give investors higher
returns by eschewing market capitalization weightings in and across equity
asset classes.
That some of the forces governing capital flows and
asset values are driven not
by market - determined expected
return but
by policy measures directed at, for example, an exchange rate objective means that at least some of what we observe in global capital markets may be attributed to these distortions.
The HRC considered the fact that, despite credit write - downs in its home equity loan portfolio and a Visa - related litigation expense accrual, the Company's business performance for 2007 was strong, as exemplified
by one of the highest
returns on equity and
returns on
assets in our Peer Group.
By investing in a diverse pool of
assets, it should collectively lower your risk yet stabilize your
returns over the long term.
Cash Flow
Return on Invested Capital (CFROIC) is defined as consolidated cash flow from operating activities minus capital expenditures, the difference of which is divided
by the difference between total
assets and non-interest bearing current liabilities.
However, within a given portfolio, an investor can maximize
return for a given level of risk
by diversifying among several uncorrelated
asset classes.
The following may be true of a potential takeover: • the company has fewer than 50 million shares outstanding; • management is dominated
by persons near retirement age; • management's record on innovations and improving
returns has been poor; • the company owns
assets whose market values are potentially higher than those shown on the balance sheet; • outside investors have been steadily buying the stock.
MPT is supposed to help decrease
return risk
by diversifying into many
assets.
Fairfax seeks to differentiate itself
by combining disciplined underwriting with the investment of its
assets on a total
return basis, which Fairfax believes provides above - average
returns over the long - term.
Business run
by diverse boards are generating greater
returns on the
assets they employ.
Using monthly fund data supplied
by the Investment Company Institute, QAIB calculates investor
returns as the change in
assets after excluding sales, redemptions and exchanges.
That's likely because any restructuring deal that could conceivably
return the company to health required such a massive write - down in debt that debtholders hoped to get more of their money back
by simply selling off the company's
assets.
Most investors would never know that these discontinued operations distort GAAP numbers
by over-stating
assets on balance sheets and distorting the picture of a company's ability to generate a
return on that capital.
SBP also works with mid-large size businesses to protect their best
asset - their employees -
by providing homeowner resilience training so they can
return to work sooner and with a clear mind, in the wake of a disaster.
Your
assets should be deployed in a way that aims to beat the risk - free rate of
return by at least 2 - 3X.
Many of the most successful institutional investors have consistently protected their downside and earned higher
returns by adding private market
assets like real estate to their portfolios.
This continuous pricing and the ability to place limit orders — means the ETF's performance for any given time period is based largely on the market price
return during the holding period, rather than on the ETF's net
asset value (NAV)-- the value of the stocks held
by the ETF.
This is expressed most directly in paragraph 156 of the complaint which argues that a «two percent annual flat fee on
assets under management [as charged
by an actively managed hedge fund seeking superior
returns]... is not justified in the defined contribution plan context.»
Bill Gross is hoping PIMCO Total
Return ETF can someday grow to become the world's largest exchange traded fund
by assets after it lists in March.
Pimco Total
Return Fund holds over $ 240 billion in
assets and is piloted
by noted bond fund manager, Bill Gross.
That style, along with investors outflows and a weak performance
by the flagship Pimco Total
Return Fund, which Gross had built into the world's largest bond fund
by assets, were also the subjects of much negative press in 2014.
Assumptions and forecasts used
by SSgA FM in developing the Fund's
asset allocation glide path may not be in line with future capital market
returns and participant savings activities, which could result in losses near, at or after the target date year or could result in the Fund not providing adequate income at and through retirement.
By contrast, the buyout
asset class has never
returned more capital than it has called in any time frame measured below.
That 42 % underfunding for PERA,
by the way, makes very generous actuarial assumptions about the assumed rate of
return on
assets vs. the assumed payouts.
The amount
by which the
asset's value changes is not important since the
returns are not affected
by the size of the change in value.
In essence, investors must be compensated
by a higher
return in order to be induced to hold an
asset that might crash.
On the other hand, real estate can be controlled much easier
by investing correctly in
assets that are under market value with multiple exit strategies that help increase the
return on the investment while decreasing the risk.
This diversified portfolio, represented above
by the orange circle, delivered good
returns with a digestible amount of volatility, compared to portfolios that contained only one, two or three
asset classes.
In addition, our effective tax rate in the future could be adversely affected
by changes to our operating structure, changes in the mix of earnings in countries with differing statutory tax rates, changes in the valuation of deferred tax
assets and liabilities, changes in tax laws and the discovery of new information in the course of our tax
return preparation process.
«This time around, however, the more modest increase in the stock market's valuation has been largely driven
by a secular decline in the available
return from «risk - free»
assets.
He distinguishes inflation hedging (measured
by correlation of
returns and inflation) from long - run
asset class performance.
Using weekly
returns for these
assets, and for SPDR S&P 500 (SPY), over the available sample period of May 2006 (limited
by GDX) through October 2017, we find that:
See,
by entertaining only accounts with at least $ 100,000 in
assets and assuming at least a small portion of all customers will eventually employ their Financial Services, they anticipate a
return on that investment.
Strategic Total
Return continues to carry a duration of about 3.5 years in Treasury securities (meaning that a 100 basis point move in interest rates would be expected to impact the Fund
by about 3.5 % on the basis of bond price fluctuations), and holds about 10 % of
assets in precious metals shares, and about 5 % of
assets in utility shares.