The annual Congres of the National ...

The annual Congres of the National Association of Investors was held in Orlando, Florida in September 1996; more than 12000 individual investors attended. During the Congres the three National Association of Investment sets (NAIC) clubs with the best portfolio performance during the club's lifetimeto April 30 1996-were fix uponed by the editors of The Value Line Investment inspect

The national winners were chosen from a dispose of more than 600 form a clubs nationwide that participated in the NAIC Investment bludgeon Performance Survey. The decisions were based on:

the performance of each club's portfolio relative to the performance of the Standard & Poors 500 Index (during comparable time periods);

the performance of each club's portfolio relative to that of the other sodalitys in the competition;

each portfolio's compromise rate of return;

the fulness of time each club had been operating; and,

each portfolio's diversification.

Gold

The first-place award went to the Klondike Investment association of Buffalo, Wyoming. The nine year aged club generally invests in blue-chip shooting stocks and has a 14-stock portfolio valued at just through $100,000. The club achieved nearly a 19% blend annual rate of return throughout its lifetime. This return was 5% points higher than the recur from the S&P 500 across the same time period.

Silver

Second place was awarded to the divers Investment Club of Birmingham, Michigan. This sodality has been operating for 14 years and has a lifetime get back of nearly 18%. At April, the value of its holdings was just athwart $200,000 in 18 stocks.

Bronze

The Kansa Investment Partnership of Kansas City, Kansas won third-place honours with a pay with an abatement rate of return of 21% from one side of to the other its three-year lifetime. The portfolio has a value of approximately $30000 divided among 16 stocks.

Copyright Canadian Shareowner Magazine Inc. Jan/Feb 1997

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