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| Total Value: $1,185,085.50 |
Cash Value: $15,354.25 |
Stock Value: $1,169,731.25 |
Shares: 100,000 |
Price: $11.85 |
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| Fund Performance for julyfourteenth |
February 08, 2010 |
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fund information |
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| Fund
Manager:
julyfourteenth |
Inception:
Mar 13, 2008 |
| Description: |
| My investment approach is a combination of top-down and bottom-up security selection process. I select sectors and geographies for a equity portfolio by conducting macroeconomic analysis of regions and sectors while maintaining portfolio risk within acceptable limits for investors. Macro analysis plays a prominent role in reducing the total risk (volatility) of the portfolio and maximizing expected returns for a particular level of risk.
Once a sector or industry is selected for investment based on macro analysis and portfolio risk requirements, I use a bottom-up security selection process to find companies with sustainable competitive advantages with-in an industry. A quant screen comprising factors such as net profit margin, gross margin, financial leverage, asset turnover, EPS growth, revenue growth, PEG and PE ratio narrows down the list of companies to less than 10 in most instances. At this point, I apply industry specific parameters; every industry has specific measures that can be used to understand the competitive advantages of various companies. This will further narrow down the list to 3-4 companies.
Furthermore, a detailed financial statement analysis helps me understand these 3-4 companies and how they are priced relative to peers; finally our time-tested equity valuation model, Scenario analysis, Sensitivity analysis, Comparable analysis, Sum of parts valuation and other such methods provide the target price of an equity. These companies are also analyzed for portfolio suitability based on expected returns, systematic risk and total risk of the portfolio.
However, every instance of the above analysis _does_not_ result in a recommendation. Sometimes the equity selected is overpriced and is placed on a watch-list. I follow companies for many years and repeat the above analysis when they get close to my preferred buying price. Most of the companies I recommend have been on my watch for atleast six months. Finally, the portfolio is analyzed regularly to sell equities that have reached their target price and provide a low return for the risk exposure. |
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fund positions by sector
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| Color |
Name |
Portion |
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Consumer Discretionary |
9% |
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Consumer Staples |
13% |
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Energy |
12% |
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Financials |
13% |
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Health Care |
13% |
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Industrials |
3% |
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Information Technology |
15% |
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Materials |
3% |
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Telecommunications |
6% |
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Utilities |
6% |
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Unclassified |
7% |
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fund positions by style |
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| Color |
Name |
Portion |
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Large Cap Growth |
19% |
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Large Cap Blend |
6% |
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Large Cap Value |
11% |
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Mid Cap Growth |
21% |
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Mid Cap Blend |
10% |
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Mid Cap Value |
13% |
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Small Cap Growth |
12% |
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Small Cap Value |
6% |
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Micro Cap Growth |
2% |
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Micro Cap Value |
2% |
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Value |
Blend |
Growth |
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| Large |
11% | 6% | 19% | 36% |
| Medium |
13% | 10% | 21% | 44% |
| Small |
6% | 0% | 12% | 18% |
| Micro |
2% | 0% | 2% | 4% |
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32% | 16% | 54% |
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recent returns
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| RETURNS |
| Last Week |
-4.06% |
| Last Month |
-7.72% |
| Last 3 Months |
-1.88% |
| Last 6 Months |
7.19% |
| Last 12 Months |
26.20% |
| Last 2 Years |
N/A |
| Last 3 Years |
N/A |
| Last 5 Years |
N/A |
| Since Inception |
18.32% |
| (Annualized) |
9.20% |
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| S&P500 RETURNS |
| Last Week |
-2.91% |
| Last Month |
-7.60% |
| Last 3 Months |
-2.87% |
| Last 6 Months |
6.09% |
| Last 12 Months |
24.50% |
| Last 2 Years |
N/A |
| Last 3 Years |
N/A |
| Last 5 Years |
N/A |
| Since Inception |
-15.97% |
| (Annualized) |
-8.70% |
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| RETURNS
VS S&P500 |
| Last Week |
-1.15% |
| Last Month |
-0.13% |
| Last 3 Months |
0.99% |
| Last 6 Months |
1.10% |
| Last 12 Months |
1.69% |
| Last 2 Years |
N/A |
| Last 3 Years |
N/A |
| Last 5 Years |
N/A |
| Since Inception |
34.29% |
| (Annualized) |
17.89% |
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fund rankings |
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For the six month period ending
December 31, 2009 Ketul's Growth Fund outperformed 76.2% of the other funds on our site. |
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| ALL
RANKINGS FOR Ketul's Growth Fund |
| Date |
1 Month |
3 Months |
6 Months |
1 Year |
| Jun 30, 2008 |
N/C |
N/C |
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| Sep 30, 2008 |
N/C |
N/C |
N/C |
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| Dec 31, 2008 |
27.0% |
98.6%  |
N/C |
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| Mar 31, 2009 |
15.4% |
65.6% |
97.9% |
N/C |
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| Jun 30, 2009 |
42.1% |
46.8% |
60.4% |
N/C |
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| Sep 30, 2009 |
49.4% |
45.2% |
44.8% |
96.9% |
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| Dec 31, 2009 |
68.0% |
91.9% |
76.2% |
70.0% |
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N/C = "Not Compliant",
and means Ketul's Growth Fund wasn't compliant for that period.
 A
blue star means Ketul's Growth Fund was in
the top 100 funds for that period.
A
green star means Ketul's Growth Fund was in
the top 25%.
The numbers above are the percentage of compliant funds that Ketul's Growth Fund
beat in the given time period, unless it was in the top 100 for that
period, in which case the number displays your rank. |
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alpha/beta vs. S&P500
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| For an explanation of alpha and beta, see the entry for "beta" in our glossary. |
| Alpha |
14.27% |
| Beta |
0.57 |
| R-Squared |
0.87 |
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turnover
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| Last Month |
3.28% |
| Last 3 Months |
8.43% |
| Last 6 Months |
19.21% |
| Last 12 Months |
31.16% |
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about this fund profile |
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The fund profiled is managed by
julyfourteenth. It is a virtual fund on Marketocracy's website www.marketocracy.com that began with $1 million in cash and a Net Asset Value (NAV) of $10 per share.
Marketocracy is the only financial website where you can simulate running your own mutual fund and accurately compare your investing skill to professionally managed mutual funds and other investors. At Marketocracy, you can manage a $1 million virtual portfolio and make trades in an environment that mirrors the trading activity of the real stock market. Our portfolio management tools help you discover your investing strengths and weaknesses and help you become a better investor. You can try different investment strategies and styles to see what works best for you in a virtual environment first, before you invest your real money. It's a great place to learn, and a great place to prove your talent.
If your track record turns out to be one of the best, you will receive special privileges on our website and the best of the best get paid. If you're serious about investing or want to become a better investor, you'll want to signup for a free basic membership and start running your own fund. |
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[ To signup for your own virtual fund click here ]
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Who is Marketocracy?
Marketocracy Data Services is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. The company's affiliate, Marketocracy Capital Management, is the investment advisor for the Marketocracy family of mutual funds and uses the research generated by Marketocracy Data Services.
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