In 2012, Y H & C Investments listed its GARP Model (Growth at a Reasonable Price) on an investment web site called Covestor (now part of Interactive Brokers but called Interactive Advisors). The model is based on the philosophy of researching, identifying, and then buying the stock of company’s that will grow for a long time. The challenge is buying them at a ‘reasonable’ price. People invest today is so they will have more money in the future. By owning companies that have expanded for 3, 5, and 10 years or more, owners of the model have participated in this growth. There is minimal turnover in the model, which means we want to own these companies and not trade them. Quite a few of the companies pay quarterly dividends, which are increased on a yearly basis. There are some which do not pay dividends, but they use their cash flow to either reinvest in the business, pay down debt, or to buy back stock if management feels it is cheap. It has quite a few high profile holdings and has positive returns in 6 out of the last 7 years including a better return than the S&P 500 in 4 out the 7 years.
The Y H & C Investments GARP Model is a Separately Managed Account. It is not a mutual fund, but a model. The model can be invested in at Interactive Advisors by opening an account- click the following link- Interactive Advisors for that page. It will provide return and performance information for the last 5 years.
The minimum level of investment for the model is $500.00 and the fee to invest is 1.5% yearly, billed every three months. The fee is split between Y H & C Investments and Interactive Advisors. The model is a nice alternative for investors who want to be able to invest with Y H & C Investments, but don’t meet the $50,000.00 minimum threshold.
If you have a more complex investment situation and are looking for customized asset management services, we offer a free consultation so we can be of assistance. Thanks so much.
In 2012, Y H & C Investments listed its GARP Model (Growth at a Reasonable Price) on an investment web site called Covestor (now part of Interactive Brokers but called Interactive Advisors). The model is based on the philosophy of researching, identifying, and then buying the stock of company’s that will grow for a long time. The challenge is buying them at a ‘reasonable’ price. People invest today is so they will have more money in the future. By owning companies that have expanded for 3, 5, and 10 years or more, owners of the model have participated in this growth. There is minimal turnover in the model, which means we want to own these companies and not trade them. Quite a few of the companies pay quarterly dividends, which are increased on a yearly basis. There are some which do not pay dividends, but they use their cash flow to either reinvest in the business, pay down debt, or to buy back stock if management feels it is cheap. It has quite a few high profile holdings and has positive returns in 6 out of the last 7 years including a better return than the S&P 500 in 4 out the 7 years.
The Y H & C Investments GARP Model is a Separately Managed Account. It is not a mutual fund, but a model. The model can be invested in at Interactive Advisors by opening an account- click the following link- Interactive Advisors for that page. It will provide return and performance information for the last 5 years.
The minimum level of investment for the model is $500.00 and the fee to invest is 1.5% yearly, billed every three months. The fee is split between Y H & C Investments and Interactive Advisors. The model is a nice alternative for investors who want to be able to invest with Y H & C Investments, but don’t meet the $50,000.00 minimum threshold.
If you have a more complex investment situation and are looking for customized asset management services, we offer a free consultation so we can be of assistance. Thanks so much.
| Holdings Portfolio Holdings (as of 03/31/2021) |
|---|
| 1) Intuit (INTU) |
| 2). Starbucks (SBUX) |
| 3). ProAssurance (PRA) |
| 4). IAC (IAC) |
| 5). Quest Diagnostics (DGX) |
| 6). Liberty Broadband Class K (LBRDK) |
| 7). Match (MTCH) |
| 8). British Petroleum (BP) |
| 9) Liberty Broadband A (LBRDA) |
| 10). Alexander & Baldwin (ALEX) |
| Porfolio Composition Equity Section diversification |
|---|
| The top 3 holdings make up 52.65% of the total portfolio value |
| The top 5 holdings make up 66.60% of the total portfolio value. |
| The top 10 holdings make up 87.21% of the total portfolio value. |
| The year to date return for the Long Term GARP Portfolio, or the first quarter, as of March 31, 2021, was 6.59% (Please note: Not GIPS certified or calculated but is a time weighted return) |
| The March Return for the Long Term GARP Portfolio, as of April 1, 2021, was -1.08% (Please note: Not GIPS certified or calculated but is a time weighted return) |