Trillion Dollar Club
For 20 years, we have utilized Dimensional Fund Advisors to facilitate intelligent product selection, and our philosophy parallels their approach of information based, efficient investing. The Financial Times recently sat down with Dimensional Co-CEO and Chief Investment Officer Gerard O’Reilly. The interview covers O’Reilly’s path to Dimensional, his leadership alongside Co-CEO Dave Butler, and the firm’s research-based culture and approach to investing. An interesting piece about one of DFA's own, and his path to Dimensional. Read below [...]
The Randomness of Global Equity Returns
Investment opportunities exist all around the globe. Across more than 40 countries, there are over 15,000 publicly traded companies. If you listen to the news, however, some countries may seem like better places to invest than others based on how their economies and stock markets are doing at the time. Fluctuations in performance from year to year only add to the complexity, providing little useful information about future returns. Daunted by the prospects of sorting [...]
May Performance Dashboard
In stark contrast to the strong performance during the first four months of 2019, U.S. equities suffered in May as a result of trade tensions between the U.S. and China along with slowing global growth concerns. The S&P 500® lost 6%, while the S&P MidCap 400® and S&P SmallCap 600® lost 8% and 9%, respectively. The VIX® ended the month at 18.7, still surprisingly low by historical standards. The market struck a defensive tone, with Low Volatility taking the [...]
The Uncommon Average
The US stock market has delivered an average annual return of around 10% since 1926.[1] But short-term results may vary, and in any given period stock returns can be positive, negative, or flat. When setting expectations, it’s helpful to see the range of outcomes experienced by investors historically. For example, how often have the stock market’s annual returns actually aligned with its long-term average? Exhibit 1 shows calendar year returns for the S&P 500 Index [...]
Understanding how mutual funds work could save you a ton of money in the long run!
Investors should get to know the 18.7 Trillion Dollar industry of mutual funds! Check out this video and get the basics on mutual funds!
April Performance Dashboard
U.S. equities gained steam in April, powered by positive earnings, potential progress in U.S./China trade talks, and recent dovish sentiment from the Fed. The S&P 500®, the S&P MidCap 400® and S&P SmallCap 600® all gained 4%, and the VIX® declined to 13.12. All U.S. equity factors rose in April, with High Beta and Enhanced Value taking the lead. Across sectors, Financials and Communication Services were the top performers, up 9% and 7%, respectively, while [...]
