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US EquityCardinal Capital portfolios are designed to deliver superior returns, net of fees, at significantly reduced risk relative to the broad equity market, defined by the Standard & Poor’s 500 Index and the managers that benchmark against it. Risk is measured by beta or standard deviation of return versus those of the S&P 500. Our objective is to identify solid companies with growth potential and lower trading volatilities (“beta”). We utilize a proprietary valuation model to identify undervalued companies, which are then subjected to further fundamental analysis and research. The result is our U.S. Large Cap Core Composite which consists of high-quality, dividend paying stocks that enhance long-term absolute and risk-adjusted returns. As of June 30, 2011, Cardinal Capital Management’s equity composite was comprised of 43 securities. Thirty-nine of these were paying dividends and 30 increased their dividends in the trailing twelve months. The dividend yield on the portfolio at June 30, 2011 was 2.2% versus 1.8% for S&P 500 Index. The price earnings ratio of the portfolio was currently 16. The beta on the portfolio as of June 30, 2011 was 0.8 versus the S&P 500 Index’s beta defined as 1.0. The ten largest holdings in the existing portfolio are:
Historical performance is included in the Performance section of this web site. Please see the important performance disclosure information included in the Legal Information section. |
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Cardinal Capital Management Inc. Copyright © 2010 |