Performance
At Coho Partners, we aspire to produce positive returns each year, although we know this will not always happen.
Our performance expectations are two-fold: first, to protect principal during difficult times and second, to capture the majority of broad market advances. We seek to attain these seemingly divergent goals by investing in stable companies that have historically weathered down markets very well. These same companies have over time provided competitive returns in all but the most speculative and lowest quality up markets. Given our highly focused portfolios, we believe that with our diligent research and effort we can find companies whose valuations at time of purchase will prove rewarding in almost any economic environment.
As of 9/30/2008, here is Coho's performance for taxable composite.
| Taxable Composite Trailing Annualized Returns | ||||
|---|---|---|---|---|
Gross of Fees |
Net of Fees |
S & P 500 |
||
| YTD | -4.2% |
-4.5% |
-19.4% |
|
| 1 YEAR | - 7.6% |
- 8.1% |
-22.1% |
|
| 3 YEAR | 6.4% |
5.9% |
0.1% |
|
| 5 YEAR | 8.8% |
8.3% |
5.1% |
|
| Since inception | 6.1% |
5.8% |
-1.0% |
|
*inception is 12/31/1999 |
||||
For a more in-depth look at our taxable composite's performance, click here.
Disclosures
Coho Partners Ltd is an independent, registered investment management company, dedicated to producing superior risk-adjusted returns. Our clients include individuals, trusts and estates, endowments, foundations, corporate and employee benefit plans and other eleemosynary organizations.
Coho Partners Ltd claims compliance with the Global Investment Performance Standards (GIPS®).
Coho Partners Ltd has two composites: one for taxable accounts and one for tax exempt accounts. Generally, an individual account should have $1 million in order to be included in either composite. This ensures that the account has a representative mix of equities. The strategy for both is to maximize client returns, while maintaining a diligent focus on preserving their capital. The benchmark for both composites is the S&P 500 (including dividends), which historically has been more representative of the equity markets. All returns are expressed in U.S. Dollars.
If you are interested in obtaining a complete list and description of all firm composites, please contact us at info@cohopartners.com.
Past Performance is not indicative of future results.
