Fairfax Financial Stock: Still Produces Attractive Yields
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Unique stock ideas taken from fund letters published by Seeking Alpha.
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Reference or comparison to an index does not imply that the portfolio will be constructed in the same way as the index or that it will achieve returns, volatility or other results similar to the index. Unlike the indices, the model portfolio will be actively managed and may include far fewer different securities than those comprising each index. Results of the model portfolio compared to the performance of the Standard & Poor’s 500 Index (the “S&P 500”) for informational purposes only. The S&P 500 is an unmanaged, market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance. The investment program does not reflect this index and the volatility may differ significantly from the volatility of the S&P 500.
The performance results of the master portfolio are presented for informational purposes only and reflect the impact that important economic and market factors have had on the manager’s decision-making process. No representation is made that any investor or portfolio will realize or is likely to realize profits or losses similar to those shown.
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Hypothetical performance results are unaudited and do not reflect actual results of accounts managed by Alphyn Capital Management, LLC. Hypothetical performance results are provided for illustrative purposes only and are not necessarily indicative of the performance that would have actually been achieved had an investment used the Strategy during the relevant periods, and such simulations are not necessarily indicative of future performance of the strategy. Limitations inherent in hypothetical performance may include: 1) hypothetical results are generally prepared with hindsight; 2) the hypothetical results do not represent the impact that important economic and market factors could have on an investment advisor’s decision-making process if the advisor was actually managing clients’ money; 3) there are many factors relating to the markets in general, many of which cannot be fully taken into account in preparing hypothetical performance results and all of which may adversely affect actual investment results.
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