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Since the inception of our Global Equity portfolio management in 2004, we have stood by our belief that stock prices follow earnings growth – throughout the world.
While our history with global equity portfolios is of a shorter duration than with U.S. equities, we have every reason to believe that what works in the U.S. will also work in other markets. The added advantages of a global portfolio include increased equity diversification, access to companies not available to U.S.-only investors, more rapid growth in some markets and diversification across a number of currencies.
This chart compares W.P. Stewart's Global Equity Composite (Gross and Net) against the MSCI World Index with dividends reinvested.
Compounded Annual Return
Since Inception (as of 6/30/2010)
5.3%
WPS Global Composite (Gross)
4.3%
WPS Global Composite (Net)
2.1%
MSCI World Index
Please note: this information is incomplete without the accompanying explanatory notes.
Download Global historical performance »
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W.P. Stewart Global Composite versus MSCI World Index
| Global Equity Composite (Gross) |
4.9% |
-2.7% |
14.4% |
-5.9% |
2.5% |
5.3% |
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| Global Equity Composite (Net) |
4.9% |
-3.2% |
13.4% |
-6.7% |
1.6% |
4.3% |
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| MSCI World Index |
8.1% |
-2.5% |
10.2% |
-11.5% |
0.1% |
2.1% |
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1 W.P. Stewart Global Composite returns are preliminary based on July 31, 2010 estimates and are subject to change upon final reconciliation and reporting. Net performance reflects the deduction of applicable fees. The above information is incomplete without referring to the W.P. Stewart & Co., Ltd. Notes to Global Equity Composite Historical Performance.
* Inception 1/1/2004
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