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Martin
Capital Advisors, LLP is a registered investment advisor that
specializes in managing investment portfolios for long-term
growth, income and capital appreciation. We manage portfolios for individuals, trusts and pension
plans. Several types of
investment portfolios are available with a minimum investment
of $250,000.
Portfolio manager Paul Martin is a
retired U.S. Naval Reserve commander whose investment
performance has consistently ranked him within the top echelon
of equity managers. Our top priority is to obtain
superior returns for our clients. While reviewing the
investment results below, investors should be aware that past performance
is no guarantee of portfolio gains in the future. | |
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Growth of $10,000
1/1/91 - 09/30/09
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Comparison of Investment
Results
Martin Capital Flexible
Portfolios vs. Relevant Indices |
|
Year |
Martin
Capital
Advisors1 |
NASDAQ |
S&P 500
Index |
Dow Jones
Industrial
Average |
D-J Wilshire
5000
Index |
Barclays Aggregate Bond Index |
91-Day
T-Bill Rate |
Consumer
Price
Index |
|
1991 |
33.9% |
56.9% |
30.6% |
4.5% |
34.2% |
16.0% |
5.6% |
3.1% |
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1992 |
26.8% |
15.5% |
7.7% |
8.0% |
9.0% |
7.4% |
3.5% |
2.9% |
|
1993 |
14.5% |
14.8% |
10.0% |
18.1% |
11.3% |
9.7% |
2.9% |
2.8% |
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1994 |
-2.1% |
-3.2% |
1.3% |
5.9% |
-0.1% |
-2.92% |
3.9% |
2.7% |
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1995 |
27.5% |
40.0%
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37.6% |
36.9% |
36.5% |
18.5% |
5.6% |
2.5% |
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1996 |
29.4% |
22.7% |
23.0% |
29.1% |
21.2% |
3.6% |
5.2% |
3.3% |
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1997 |
41.4% |
21.6% |
33.4% |
24.9% |
31.3% |
9.7% |
5.3% |
1.7% |
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1998 |
78.8% |
39.6% |
28.7% |
18.1% |
23.4% |
8.7% |
4.9% |
1.6% |
|
1999 |
58.2% |
85.6% |
21.0% |
27.2% |
23.6% |
-0.8% |
4.7% |
2.7% |
|
2000 |
-33.0% |
-39.3% |
-9.1% |
-4.9% |
-10.9% |
11.6% |
5.9% |
3.4% |
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2001 |
-17.4% |
-21.2% |
-11.9% |
-5.4% |
-11.0% |
8.4% |
3.8% |
1.6% |
|
2002 |
-38.3% |
-31.5% |
-22.1% |
-15.1% |
-20.9% |
10.3% |
1.7% |
2.4% |
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2003 |
56.8% |
50.0% |
28.7% |
28.3% |
31.6% |
4.1% |
1.0% |
1.9% |
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2004 |
10.7% |
8.6% |
10.9% |
5.3% |
12.6% |
4.3% |
1.4% |
3.6% |
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2005 |
7.6% |
1.4% |
4.9% |
1.7% |
6.3% |
2.4% |
3.0% |
3.5% |
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2006 |
-5.6% |
9.5% |
15.8% |
19.1% |
15.9% |
4.3% |
4.9% |
2.0% |
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2007 |
5.9% |
9.8% |
5.5% |
8.9% |
5.7% |
7.0% |
4.7% |
4.3% |
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2008 |
-55.1% |
-40.5% |
-37.0% |
-33.8% |
-37.3% |
5.2% |
1.8% |
-0.1% |
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2009 |
61.5% |
34.6% |
19.3% |
10.7% |
22.1% |
5.7% |
0.5% |
2.6% |
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Total2 |
481.1% |
467.8% |
371.3% |
268.8% |
399.3% |
255.2% |
97.7% |
61.2% |
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Avg.3 |
9.8% |
9.7% |
8.7% |
7.2% |
9.0% |
7.0% |
3.7% |
2.6% |
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Important
Disclosure Notice:
Past performance
does not guarantee future results. Figures include the
reinvestment of all dividends received and reflect cash
and cash equivalents; however, NASDAQ returns are
without dividends. The volatility of the Flexible
Portfolios may differ from that of the benchmark.
From time to time, portfolio performance may reflect the
use of margin investing as well as material investments
in bonds or cash. The manager will utilize stocks,
bonds and cash in an attempt to enhance returns. The
Flexible Portfolios average represents
25 individual
portfolios and 32%
of all funds under management by MCA on
9/30/09.
Clients explicitly elect this management style on their
personal data form. The Flexible Portfolios are
tactical asset allocation investment accounts containing
stocks and bonds that are managed with a view toward
capital appreciation. |
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1Total
annual performance, net of commissions, fees, and
expenses of all Martin Capital Advisors’ Flexible
Portfolios.
2Total
compounded return, including reinvestment of dividends
and interest
31991-2009
annualized return. |
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Martin Capital Advisors, LLP
1101 Capital of Texas Highway, Bldg. K, Suite 150, Austin, TX 78746
(512) 477-7036
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Comments?
Please send to
mail@martincapital.com |
Copyright © 2000
Martin Capital Advisors, LLP.
All rights reserved. |
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