RCM Robinson Capital Management LLC
 
The Robinson Report           A quick and simple weekly market performance report.
Friday, June 24, 2005

 

 


Week in review:  

  • A difficult week for all equity classes (the exact opposite of last Friday's report)  

  • Fed Chairman Alan Greenspan and Treasury Secretary John Snow defend free market principals before the Senate Finance Committee as some politicians push for import tariffs. Protectionism? (not good)   

  • Weekly jobless claims drop 20k to 314k (good)

  • Crude oil touches $60/barrel (ouch)

  • New home sales rose to the second-highest level on record in May at the same time corporate purchases of durable goods unexpectedly stagnated, evidence economic growth has become more dependent on the housing boom


ASSET CLASS RETURNS

 


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Portfolio Performance REVIEW 

 

   
 


    "What the wise do in the beginning, fools do in the end".
  -- Warren Buffet

 

% change in week ending 06/24/05

S&P500

(2.09)

US Lg Val (Russell 1000 Value)

(2.02)

US Sm (Russell 2000)

(2.14)

Intl (EAFE)

(0.90)

Intl Sm (EAFE Small)

(0.65)

3-5yr Treas (Bloomberg)

0.43

% change

 

Bloomberg Silicon Valley Index

Last 12 months

2.23

YTD

(3.35)

Last 5 sessions

(2.22)

 

CONTACT US

RCM Robinson Capital Management LLC
27 Reed Blvd, Mill Valley, CA 94941
Tel: 1.415.771.9421
Fax: 415.762.1980
Email

 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Performance is calculated by the Bloomberg Professional System on a total return basis. Current portfolio allocations

 

 

 

 

 

 

 

 

 

 

 

 
Important Performance Disclosure Information  

Asset Class returns are represented by market indexes that are unmanaged baskets of securities. Investors cannot directly invest in market indexes. Foreign securities involve additional risks, including foreign currency changes, political risks, foreign taxes and different methods of accounting and financial reporting.

Portfolio Performance is the total return of seven unique asset allocation strategies that seek to fit the distinct needs of different investor goals, risk tolerance levels and investment time horizon. Each portfolio contains up to 16 individual funds totaling over 4000 securities, managed by OppenheimerFunds. The portfolios are designed to create efficient diversification through the selection of mutual funds that may have a  low correlation between asset classes. The purpose of these tables and charts is for you to follow specific market indexes, observe asset class rotation and to compare actual portfolio returns net of management fees. Asset allocation strategy is available here.     

 

Before investing in any of the OppenheimerFunds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. The fund's prospectus contains this and other information about the fund. Read prospectuses carefully before investing.      

S&P 500 - Standard & Poor's 500 Index (not including dividends) - generally considered a U.S. Large Growth company market index.

Russell 1000 Value Index (US Lg Val) - generally considered a U.S. Large Value company market index.

Russell 2000 Index (US Sm)- generally considered a U.S. Small company market index.

EAFE - EAFE Index (Intl) (not including dividends) Europe, Australia, Far East and generally considered a large company international market index.

EAFE Sm - EAFE Small Index (Intl Sm) (not including dividends) Europe, Australia, Far East and generally considered a small company international market index.

Bloomberg Silicon Valley Index - market index of high tech companies located in the Silicon Valley area. 
Global Hedge Fund Index - representative of the overall composition of the hedge fund universe. It is comprised of eight strategies: 
convertible arbitrage, merger arbitrage, equity hedge, equity market neutral, relative value arbitrage, event driven, distressed securities, and macro. The strategies are asset weighted based on the distribution of assets in the hedge fund industry. See hedge fund risks. 

3-5yr Treas. - Bloomberg U.S. Government Treasuries 3-5 year maturities index and generally considered a intermediate maturity U.S. Government Note index.

All investments involve risk, including loss of principal. Foreign securities involve additional risks, including foreign currency changes, political changes, foreign taxes, and different methods of accounting and financial reporting. The foregoing has been prepared solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.  

The information contained herein is based on sources and data believed reliable, but is not guaranteed. Advisory services offered through RCM Robinson Capital Management LLC, SEC Registered Investment Advisor. Securities offered through Securities America, Inc., Member FINRA/SIPC. Douglas C. Robinson, Registered Representative. RCM Robinson Capital Management LLC and Securities America, Inc. are separate and unaffiliated.

 
RCM Robinson Capital Management LLC, Securities America, Inc, 27 Reed Boulevard, Mill Valley, CA 94941

(phone) 415-771-9421       (fax) 415-762-1980