We are pleased to provide an update regarding our Investment Management results over the past 12 volatile months: Haddon Planning-The Kirwan Companies is delighted to report an Average Annualized Rate of Return of 11.21% for our investment clients in 2020, out pacing the Dow Jones Industrials (DJI) by 4%.
This graph illustrates the pace of our Rate of Return vs. the Dow Jones Industrial Average on a monthly basis. As you can see, even when the DJI was plummeting by 35%, our losses were contained to 22%, a significant retention of capital amounting to just in excess of 37%. When the Dow upturned, we followed the historic recovery, exceeding the DJI every month, delivering an additional an average return in excess of 11%, once again outperforming the DJI and returning an additional 4% to our valued clients by year-end.
You may also recall a year ago, in our December 2019 Year-End Review, we reported an outstanding Average Rate of Return of 19.67% for our clients, while maintaining an average Balanced Portfolio of 70%/30% (only 70% exposure to the market).
We would like to thank every one of our very special clients for your many years of confidence in allowing us the trust, privilege, and confidence of managing your valued assets. We hope that you, family, friends and valued employees remain safe and healthy as we work together to recover from the Coronavirus pandemic, and look forward to serving you in the years ahead, as we continue to navigate the financial waters ahead.
Morningstar, Inc. and American Portfolios does not guarantee completeness and accuracy. If used as supplemental sales literature, this information must be accompanied by a prospectus and disclosure at time of sale.
The investment return and principal value of an investment will fluctuate; and that an investor’s shares, when redeemed, may be worth more or less than their original cost. Performance data quoted represents past performance and is not a guarantee of future results. Securities products and services are offered by American Portfolios, a member firm of FINRA & SIPC. Investment Advisory Services offered through American Portfolios Advisors, Inc; (APA) an SEC Registered Investment Advisor ; Haddon Planning-The Kirwan Companies, Ltd is not affiliated with APFS and APA.