Saybrook Capital Investment Counsel & Management 2000 Frontis Plaza Blvd, Winston-Salem, NC 27103 (336) 659-0290 Email Saybrook Capital Investment Counselors
Investment Goals Investment Performance Firm Management Market Commentary Brochure
 

Saybrook Capital Historic Performance

  Annualized through June 30, 2011
  2nd Q
2011		 YTD
2011		 1-Year
Trailing		 3-Year
Trailing		 5-Year
Trailing		 10-Year
Trailing
Saybrook Capital¹
(All Assets)
0.46 %
2.57%
22.38%
2.76%
3.12%
3.87%
Saybrook Capital¹
(Stock Portfolio)
0.54%
3.03%
24.90%
3.29%
3.59%
4.55%
             
S&P 500²
0.10%
6.02%
30.69%
3.33%
2.94%
2.72%
             

¹

The performance numbers for Saybrook Capital are based on the results of a composite of fully discretionary accounts, which contain stocks, bonds, and cash and have no restrictions on minimum yield or percent of the portfolio invested in common stocks. The annual performance figure for Saybrook is calculated as a dollar-weighted average of the performance of each of these accounts. The "All Assets" results are computed to reflect the payment of investment management fees (performance is 'net' of fees).

The "Stock Portfolio" performance is compiled by measuring the portion of these representative accounts invested in stocks. Unlike the "All Assets" performance, these numbers do not reflect the payment of investment management fees, since fees are educted from cash balances.

Saybrook’s long-term record is compared to that of the S&P 500 (total return including dividends), because the latter is the most commonly accepted wide index of performance for U.S. equities. Since this index represents a 100% investment in a broad range of stocks, while Saybrook Capital’s portfolios are sometimes not fully invested, our managed accounts tend to be less volatile than the broad market averages, which means they often rise less in ascending markets and decline somewhat less in falling markets. Moreover, while Saybrook’s index of performance has been positive on an annual basis during this period, there is definitely no assurance that a portfolio will not decline in the future. In a sharply down stock market, our accounts will probably lose some value.

²

Source: Standard & Poor's, a division of The McGraw-Hill Companies, Inc. These figures represent total return including dividends reinvested.