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Welcome
Etalon
Investments is a fund that provides a stable, high-level return. By
investing in quality equities, Etalon
generates consistent long term growth of our clients' capital.
The long-term investment philosophy of the Fund Manager Leon Shirman is summarized in his book, "42 Rules for Sensible Investing".
Please visit our
Sensible Investing
blog.
Click here to listen to
Investing in
Turbulent Times webcast.
For more information
on Etalon Investments,
please write to info@etalonfund.com
or call Leon Shirman
at 650-391-5223
Etalon Fund Performance
The table below shows
Etalon performance compared to major indices for the current year
(2010), one and two previous years,
and for six full years since Etalon Classic inception in 2002 (Etalon
Discovery was started in 2007).
All performance figures, except for 2010 YTD, are annualized.
All performance figures, except for 2010 YTD, are annualized.
| 2010 YTD | 2009 | Last 2 Years | Last 6 Years | |
|---|---|---|---|---|
| Etalon Classic | 7.7% | 63.7% | -8.6% | 2.1% |
| Etalon Discovery | -5.3% | 121.5% | -3.1% | NA |
| S&P 500 | 4.8% | 23.5% | -12.8% | 0.0% |
Strategy
The Fund bases its strategy on investing in securities
with strong financial fundamentals and excellent growth prospects.
The basic strategy is to hold positions with a time
horizon of at least two years for maximum price appreciation.
Generally,
the Fund tends to focus on small to mid-cap companies that do not receive
high level of analyst coverage. Such relatively unknown companies often
tend to produce returns superior to widely followed enterprises.
The Fund avoids market timing and frequent trading, believing that this approach typically hurts, rather than enhances, overall performance. To this end, the Fund intends to stay fully invested, which generates maximum potential for excellent returns. While the Fund invests in a number of different companies in different industries, diversification solely to achieve sector, market capitalization, geopolitical location, or any other type of representation is not an explicit goal.
The fund may realize additional profits from the inevitable failure of the vast majority of options and derivative traders who attempt to time the market. This strategy enables the Fund to dampen the effects of market declines, generate income when the underlying securities remain stagnant, and keep pace with rising valuations. Etalon should therefore be able to protect assets more effectively than if those assets were invested in individual securities or mutual funds, while providing a higher return than either of those vehicles tend to produce. Read more>>
The Fund avoids market timing and frequent trading, believing that this approach typically hurts, rather than enhances, overall performance. To this end, the Fund intends to stay fully invested, which generates maximum potential for excellent returns. While the Fund invests in a number of different companies in different industries, diversification solely to achieve sector, market capitalization, geopolitical location, or any other type of representation is not an explicit goal.
The fund may realize additional profits from the inevitable failure of the vast majority of options and derivative traders who attempt to time the market. This strategy enables the Fund to dampen the effects of market declines, generate income when the underlying securities remain stagnant, and keep pace with rising valuations. Etalon should therefore be able to protect assets more effectively than if those assets were invested in individual securities or mutual funds, while providing a higher return than either of those vehicles tend to produce. Read more>>