Home » High Tech / Internet Articles » Artifex Financial Group Releases 2011 Performance Numbers for Several Model Portfolios
Artifex Financial Group Releases 2011 Performance Numbers for Several Model Portfolios
Artifex Financial Group, a Fee-Only Wealth Management Firm and Registered Investment Advisor, published performance updates for Artifex Folios on Wednesday. Artifex Folios are stock and ETF based portfolios available for virtually any size portfolio.
DAYTON, OH, January 26, 2012 /High Tech - Internet PR News/ -- Artifex Financial Group, a Registered Investment Advisor and Fee-Only Wealth Management firm located in Dayton, Ohio has recently updated the performance of 6 of their model portfolios. The information is available at www.artifexfolios.com.
According to Doug Kinsey, partner and Chief Investment Officer of Artifex, "we are pleased with the results of our model Folios in what was a unique and challenging investment environment in 2011.
We witnessed gridlock in congress, a downgrade of U.S. debt, a deteriorating Eurozone, and a generally weak U.S. economy last year and these models provided the following returns:
The AFG Equity Income portfolio was up 13.9% for the year vs. the S&P 500 Dividend Index of 3.69%. Our Large Cap Core portfolio was up 7.01% vs the S&P (non-dividend) Index of 0.00%.
The AFG Core Fixed Income portfolio was up 5.88% vs. the Dow Jones Corporate Bond Index of 3.18% and the AFG Core Municipal Income portfolio showed a 15.03% return vs. the DJ Corporate Bond Index of 3.18%. In addition, we have seen good positive persistence since we started the oldest model in 2008."
The performance numbers are calculated and provided through Folio Institutional, where the AFG models were developed and are maintained. "The interesting thing about the Folio Institutional custody platform is that we can develop these models and apply them for a variety of portfolio sizes, due to the fact that Folio enables fractionalization of shares - it's a very unique tool and it has enabled us to test and create new strategies that we utilize throughout our firm," said Darren Harp, Mr. Kinsey's business partner.
In addition to creating the Artifex Folios, Artifex Financial Group provides comprehensive Wealth Management and Investment management services to individuals and corporate retirement plans. Artifex was founded in 2006 and currently serves clients throughout the United States.
Website: http://www.artifexfinancial.com
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Press Release Contact Information:
Doug Kinsey
Artifex Financial Group
Partner
2305 Far hills Avenue, Suite 206
Dayton, Ohio
USA 45419
Voice: 937-660-8311
Website: Visit Our Website |
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