CUMULATIVE PERFORMANCEArmstrong's returns compounded over time have had a surprisingly large impact on wealth
Notes
Assuming a starting value of $1 million, Henry H. Armstrong Equity Composite outperformed the S&P 500 by $2.4 million, net of fee. Thus, 42% more wealth is available to the client.
The Wall Street Journal reports that more than 80% of U.S. money managers do not beat theS&P 500 over long periods. Henry H. Armstrong Equity Composite returns are net of 1% management fee. The S&P 500 is prior to fees. Please read our disclosure statement. Past performance is not indicative of future results. |