Performance Excellence
Our track record is sound. Over the past seven years, our clients have enjoyed account growth substantially higher than the S&P 500 experienced over the same period.
Koenig Investment Advisory’s investment process has produced consistent performance. Our goal is to maximize risk-adjusted returns. We report performance in easy-to-understand quarterly reports that include dollars, percentages, and relationships to industry benchmarks.
You have the right to know how your portfolio is performing. While many firms avoid sharing this information, we make it easy for you to access your account and performance data at any time through the MyStreetscape website.
In addition to sending you monthly statements by mail or our online service, we provide quarterly and annual performance reporting for all client accounts. Smaller accounts with no activity in a given month may receive quarterly rather than monthly statements.
We actively manage all portfolio holdings, making shifts and changes incrementally based on both market activity and client goals. Portfolios are diversified with a broad array of assets. Asset classes typically include large cap individual equity holdings and both US- and internationally focused no-load mutual funds covering a wide range of asset classes.
Accounts with balances above $250,000 frequently include individual stocks in their portfolios as their size often allows for individual stocks while still maintaining proper diversification. Primarily held by clients quite a few years away from retirement, growth-oriented accounts are managed differently from income-oriented accounts, which are held by clients who need income generation from their accounts. Fixed-income portfolios include both US- and internationally focused holdings.
We follow stock and mutual fund holdings through research and analysis, identify low-risk plays, and inform clients of the rationale for our decisions on an ongoing basis.
On a risk-reward basis, the best place to be positioned is one where the sector is periodically evolving. Market sectors typically move through multi-year cycles. We actively provide optimal portfolio weightings that consider the current position of sectors as they cycle through periods of varying returns. Our broad allocation process, sector weightings, and attention to changes within the market are key components of how we manage money.
Below you will find information regarding the average performance of a number of long-term client accounts. We list performance information in three broad categories of client portfolios. Portfolios above $250,000 (including accounts of $1 million and above) hold more individual stocks than accounts below $250,000 simply due to size and diversification needs.
Although we have included information regarding the S&P 500, this should not be viewed as a benchmark for the typical client portfolio. A portfolio fully invested in stocks, the S&P 500 simply indicates broad market performance for the time periods shown.
Typical Koenig Investment Advisory client accounts include various fixed income weightings, depending on client suitability. While client account averages have consistently outperformed the broad market, they have done so with a greater degree of conservative bond exposure than pure stock portfolios provide.
Accounts with Individual Equities ($250,000 and above)
| Cumulative Return | 2004–2010 YTD |
Koenig
|
S&P 500
|
|
73%
|
30%
|
| Annual Returns |
Koenig
|
S&P 500
|
|
| 2004 |
15.1%
|
10.9%
|
|
| 2005 |
11.8%
|
4.9%
|
|
| 2006 |
14.5%
|
15.8%
|
|
| 2007 |
12.8%
|
5.5%
|
|
| 2008 |
-32.7%
|
-37.0%
|
|
| 2009 |
32.3%
|
26.5%
|
|
| 2010 |
17.0%
|
15.1%
|
Average 2010 yield = 5.1%
Disclosure Statement
Performance is calculated on long-term client portfolios (held at least seven years) with minimum balances of $250,000 as of December 31, 2010. Accounts include a mix of growth-oriented (primarily equity holding) accounts and income-oriented (mixture of equity and fixed-income weightings) accounts managed by Greg Koenig for the time periods shown.
Midsize Accounts ($100,000 to $249,999)
| Cumulative Return | 2004–2010 YTD |
Koenig
|
S&P 500
|
|
62%
|
30%
|
| Annual Returns |
Koenig
|
S&P 500
|
|
| 2004 |
14.3%
|
10.9%
|
|
| 2005 |
11.6%
|
4.9%
|
|
| 2006 |
13.5%
|
11.8%
|
|
| 2007 |
11.9%
|
5.5%
|
|
| 2008 |
-34.4%
|
-37.0%
|
|
| 2009 |
31.8%
|
26.5%
|
|
| 2010 |
16%
|
15.1%
|
Average 2010 yield = 4.7%
Disclosure Statement
Performance is calculated on long-term client portfolios (held seven years or more) with balances of between $100,000 and $250,000 as of December 31, 2010. Accounts include a mix of growth-oriented (primarily equity holding) accounts and income-oriented (mixture of equity and fixed-income weightings) accounts managed by Greg Koenig for the time periods shown.