[Back to Archive page]

FundAlarm Discussion Board
2001 Model Portfolio:
Performance through July 22, 2001

The FundAlarm model portfolio started on January 1, 2001, with a hypothetical value of $100,000, and it's now worth $93,650, for a YTD total return of -6.35%.

Over the same period, the Vanguard Total Stock Market fund, which is the benchmark for the model portfolio, is now worth $92,710, for a YTD total return of -7.29%.

Advantage: FundAlarm Discussion Board portfolio

Thanks again to Board regular "Karl" for reporting these monthly results.

Fund category	Fund name	% of Portfolio	Fund Return YTD (%)
Large-cap value	Vanguard Windsor II (VWNFX)	5%	+1.15
Large-cap value	Excelsior Value Equity(-)	5%	+6.11
Large-cap blend	Gabelli Growth (GABGX)	10%	-20.40
Large-cap growth	TCW Galileo Select Equity (TGCEX)	5%	-18.13
Mid-cap value	Excelsior Value & Restruct (UMBIX)	5%	-3.14
Mid-cap blend	Legg Mason Opportunity (LMOPX)	5%	+14.09
Mid-cap growth	Invesco Dynamics (FIDYX)	5%	-29.15
Mid-cap growth	T. Rowe Price Mid-Cap Growth (RPMGX)	5%	-3.34
Small-cap value	Strong Advisor Small Cap Value (SSMVX)	5%	+18.11
Small-cap blend	Buffalo Small Cap (BUFSX)	5%	+19.55
Small-cap growth	Bjurman Micro Cap (BMCFX)	5%	+15.29
International	Masters Select International (MSILX)	10%	-17.31
Technology	Black Oak (-)	5%	-52.50
Energy	Icon Energy (ICENX)	5%	-12.89
Financial	T. Rowe Price Financial (PRISX)	5%	-3.04
Real estate	Longleaf Partners Realty (LLREX)	5%	+15.50
Health care	Invesco Health Sciences (FHLSX)	5%	-15.56
Fixed Income	Fidelity Convertible Securities (FCVSX)	5%	-0.61
Total		100%

Some comments from Karl:

"I would like to take a moment to acknowledge Stanley Cates and his tremendous year of investing. What has he done year to date, you ask? He has successfully co-managed four distinctly separate funds in four distinctly different sectors in 2001:

Longleaf Partners: +12.68%
Longleaf International: +15.59%
Longleaf Reality: +15.50% (part of the FundAlarm Portfolio)
Longleaf Small Cap: +10.60%

For Stanley Cates, this is not a one year phenomenon. Congrats Stanley and keep up the good work.

And if anyone was undecided what cap size was outperforming all others in 2001, just take a look at the YTD totals for FundAlarm's three small/micro cap candidates:

Buffalo Small Cap: +19.55%
Strong Small Cap Value: +18.11%
Bjurman Micro Cap Growth: +15.29%

Did I hear someone say, diversification?


Bob Cochran, a financial planner and Discussion Board regular, also submitted a model portfolio. Bob's portfolio is worth $84,453, for a YTD total return of -15.55%:

Bob wishes to note that he does not maintain static investment positions for an entire year with actual clients, and this portfolio is only an attempt to allocate dollars given investment conditions at the beginning of 2001. An actual client portfolio might look very different in three, six, or nine months, depending on many factors that cannot be predicted at this moment. Also, a 100% equity portfolio (as below) might not be appropriate for many investors.

Fund category	Fund name	Percentage of Portfolio	Fund Return YTD (%)
Large-cap value	Thornburg Value	15%	-5.78
Large-cap growth	White Oak Growth (WOGSX)	20%	-35.29
Mid-cap value	Muhlenkamp (MUHLX)	10%	+13.66
Mid-cap growth	Artisan Mid Cap (ARTMX)	15%	-5.75
Small-cap value	Strong Advisor Small Cap Value (SSMVX)	4%	+18.11
Small-cap growth	Rockland Small Cap Growth (RKGRX)	6%	-15.31
International	Julius Baer Intl Equity (BJBIX)	18%	-18.62
Technology	Van Wagoner Technology (VWTKX)	6%	-60.52
Health	Dresdner RCM Global Health Care (DGHCX)	6%	-14.80
Total		100%

Questions or comments about these model portfolios?
Please post them on the FundAlarm Discussion Board.