This material was prepared by TFS Advisory Services, a Registered Investment Adviser and service of TFS Securities, Inc. All Securities offered through TFS Securities, Inc. member FINRA / SIPC. The information contained herein was obtained from sources believed to be reliable but we do not make any representations or warranties as to the accuracy of unaffiliated third party information. Investment in a Buy/Hold Plus portfolio contains fees, these fees are in addition to any fees associated with the underlying funds.
Source: 2012 Morningstar. This chart is for illustrative purposes only. Data is subject to change and should not be used for predictive purposes. Large stocks are represented by the S&P 500; Large growth stocks are represented by the S&P Growth index; Large value stocks are represented by the S&P 500 Value Index; Small stocks are represented by the Russell 2000 Index; Small growth stocks are represented by the Russell 2000 Growth Index; Small value stocks are represented by the Russell 2000 Value Index; Foreign stocks are represented by the MSCI EAFE Index; Bonds are represented by the Barclays Capital U.S. Aggregate Index. Indexes are unmanaged and one cannot directly invest in an index.
Past performance is no guarantee of future results and diversification does not guarantee a profit or protect against loss.
Brinson, G.P. Singer, B.D. and G. L. Beebower, "Determinants of Portfolio Performance II: An update", Financial Analysts Journal, May-June 1991.
Harry M. Markowitz - Nobel Prize Lecture: "Foundations of Portfolio Theory", December 7, 1990. Diversification does not assure a profit or protect against loss in declining markets.
The depictions below are for illustrative purposes only and the proprietary fund selection process depicted attempts to isolate and filter the best performing funds in each asset class. There is no guarantee that the process will be successful or that the funds chosen will outperform their peers in the category. The universe of filterable funds may grow or shrink over time and deviate from the number depicted.
We attempt to maintain an optimal asset allocation in each model but there is no guarantee that we will be successful in doing so based on each client's goals and risk tolerance.
Investing involves risks. The investment return and principal value will fluctuate and shares when sold may be worth more or less than the original cost. Past performance is not a guarantee of future results. Since no one manager/investment program is suitable for all types of investors, this material is provided for informational purposes only. We need to review your investment objectives, risk tolerance, and liquidity needs before introducing suitable manager/investment programs. There is no assurance the portfolios will achieve their objectives. Mutual fund investing involves risk. Some mutual funds have more risk than others. The investment return and principal value will fluctuate and shares, when sold may be worth more or less than the original cost. There is no assurance a Fund's objectives will be achieved. The risks associated with each fund are explained more fully in each fund's respective prospectus. Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other information about the fund. Contact your advisor for a prospectus and read it carefully before investing.