Balanced

We create a customized Balanced portfolio based on your risk tolerance and liquidity needs.  The portfolio contains a combination of the equity positions within our All-Cap Core strategy and Corporate, Government and Municipal bonds, depending on the tax status of your account.  Given our 3-5 year time horizon and resulting low portfolio turnover, this strategy is ideal for both non-taxable and taxable accounts.

Performance Report

Second Quarter 2021

Performance

 
  Balanced All Cap Core Composite Balanced Benchmark
YTD 16.0 8.7
3 Year 14.6 13.1
5 Year 14.5 11.8
10 Year 10.5 9.9
15 Year 8.7 7.1
20 Year 8.5 7.0

Trailing year performance annualized for periods ending 6/30/2021.

The Balanced All Cap Core Composite includes only tax-exempt accounts with asset values in excess of $200,000. These tax-exempt accounts include certain institutional accounts, individual Rollover and Roth IRAs, and other types of retirement plans. The Balanced Composite was created in January 1993. Performance data is unavailable for periods prior to 12/31/98 due to a change in portfolio management software.

Valuations and returns are computed and stated in U.S. Dollars. Results reflect the reinvestment of dividends and other earnings. Net-of-fee returns are calculated using actual management fees that were paid and are presented before custodial fees but after management fees and all trading expenses. For some portfolios, the net return has been reduced by an additional consulting fee. Winslow claims compliance with the Global Investment Performance Standards (GIPS®). GIPS is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.

†The benchmark is a static custom blended index of 60% Russell 3000 Index and 40% Barclays Intermediate Government/Corporate Index. The Russell 3000 is a market-capitalization weighted index containing the 3000 largest companies in the U.S. The Barclays Int. Gov/Corporate Index is a broad measure of bonds with maturities of up to 10 years. The volatility of both indices may be materially different from that of the strategy depicted, and the holdings in the strategy may differ significantly from the securities that comprise these indices. Both indices are calculated on a total return basis with dividends reinvested in the Russell 3000 and are not assessed a management fee. The benchmark is calculated in Excel; weighted quarterly for quarterly performance and monthly for annual performance. To obtain a GIPS Composite report, please contact Timothy Goldberg at 216.360.4700 or timothy@winslowasset.com.

Past performance does not guarantee future results.

Top Ten Holdings

APPLE 6.1%
LULULEMON ATHLETICA 5.1%
TERADYNE 4.5%
PULTE GROUP 3.9%
CHARLES SCHWAB 3.4%
SKYWORKS SOLUTIONS 3.3%
SVB FINANCIAL GROUP 3.2%
ESTEE LAUDER 3.1%
NORDSON CORP 2.9%
AEROJET ROCKETDYNE 2.7%

Sector Allocation

 
  Allocation
Utilities 0.9
Comm. Services 4.9
Materials 3.6
Tech 23.5
Industrials 11.6
Real Estate 3.2
Health Care 12.7
Financials 16.8
Energy 2.3
Consumer Staples 3.1
Consumer Discretionary 16.6