Escolar Documentos
Profissional Documentos
Cultura Documentos
Investment
Management Way Points Second Quarter 2018
Page 1
281.09%. On a $100,000 Graph footnote: Total Return (TR), includes the reinvestment of dividends.
investment, the dollar value of
Disclosures: Performance of the separate accounts can differ substantially from the performance of Blue Point’s model portfolio due to timing of
Blue Point's Total Return net entry, whether account is taxable or non-taxable, and the timing of withdrawals. Returns include accrued income since 9/30/14. Past performance
does not guarantee future results. The standard investment adviser fee schedule is 1.0% on the first $3 million, 0.85% on the next $7 million,
of fees is $381,089 versus the 0.75% thereafter. There is no stated account minimum, but the relationship needs to be mutually beneficial. The investment adviser fees are
negotiable and may be waived. Blue Point Investment Management, LLC, is a Maryland registered investment adviser. To receive a copy of Blue
$244,774 Total Return of the Point’s ADV Part 2, call 443-600-8050.
S&P 500. The active manager
value-add is $136,315.
Market Outlook
Time Weighted Return
as of 12/31/17: Inflation Spike & Investment – U.S. economic Rewriting the Economy – Technology and
1 Year Blue Point 25.51% policies are intentionally geared towards running the regulatory relief are rewriting the operating rules of
economy hot. A tight job market is being brought to the economy. The scalability of technology allows
1 Year S&P 500 TR 21.83% a slow boil. A broad wage inflation spike is expected. increasing market dominance with little incremental
U.S. companies will be forced to deviate from the cost. Winner-take-all outcomes are more common.
3 Year Blue Point 46.93%
status quo and make investments that enhance
3 Year S&P 500 TR 38.29% productivity. An inflation spike will negatively impact On the Back Foot – China and Europe are
the valuation of fixed income and high-dividend increasingly on their back foot. China’s growth is
stocks. slowing as tighter credit policies and trade frictions
A Global Perspective
Blue Point Investment Management offers Through macro-economic research adjustments to portfolio holdings will be made
equity-oriented growth with a global sustainable long-term trends are identified. that best serve the preservation of capital
perspective. The investment discipline seeks Then fundamental research is used to identify while seizing investment opportunities. Cash
Growth at a Reasonable Price. Each client the best companies that stand to benefit from is used as an asset class in portfolio
account is managed separately. favorable trends. Investments are geared construction.
towards long-term value creation while
The Growth At a Reasonable Price (GARP) preserving capital. Each separately managed account stays in the
investment strategy is a blend of active client’s name providing complete transparency.
growth and value investing. As a rule, value Blue Point seeks equity-oriented growth while Blue Point receives no commission or
investors focus on the price of the security, actively managing the downside risk. Under compensation that would create a conflict of
the numerator of the P/E ratio, while growth normal circumstances, Blue Point invests at interest. To further ensure the alignment of
investors focus on earnings offered by the least 60% of its net assets in domestic U.S. interests, Blue Point’s portfolio manager invests
security, the denominator of the P/E ratio. securities. This global approach offers in the same Blue Point model portfolio as
GARP represents a blended approach and is significant investment opportunities here and clients.
often referred to as a market-oriented abroad. In times of market crisis,
investment strategy.