27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Middleburg, VA, Oct. 29, 2012 (GLOBE NEWSWIRE) -- Akre CapitalManagement announced today that Chuck Akre, Chief InvestmentOfficer and portfolio manager of the Akre Focus Fund (AKREX) willupdate investors on the fund's portfolio Tuesday, October30th at 4:00 pm EST and provide his insights aboutpositioning in the current investment climate. A robust Q&Asession with Mr. Akre will follow after his prepared remarks. Theconference call may be accessed by dialing (877)509-7719, and entering conference ID:30811676, when prompted.
Chuck notes, "We are pleased that the Akre Focus Fund has gainedsubstantial traction among risk-conscious investors over the pastthree years. I look forward to updating our shareholders on how weare positioning the fund amidst extraordinary times in themarket.
The $1.2 billion Akre Focus Fund was recently awardedMorningstar's five star rating overall (among 673 funds in theMid-Cap Growth category) as of September 30, 2012, the highestavailable rating derived from a weighted average of the fund'sthree year performance figures associated with the MorningstarRating Metrics. As of 9/30/12, the Akre Focus Fund (InstitutionalClass) ranked in the 19th percentile out of 743 Mid-Cap GrowthFunds over the one-year period and in the 18th percentile out of673 Mid-Cap Growth funds over the three-year period based on totalreturns.
The Akre Focus Fund is a multi-cap equity strategy, based aroundChuck Akre's "three-legged stool" investment process which seeks toidentify "compounding machines." This process evaluates a company'sability to generate real economic value per share at above averagerates, whether company management aligns its interests with thoseof its shareholders and the company's ability and willingness toreinvest excess capital back into the business. When a company hasmet these criteria, Mr. Akre and his team seek to buy its stock ata discount and hold it for the long-term.
To submit a question for the Q&A session in advance pleaseemail your questions to questions@akrecapital.com nolater than 5:00 pm EST on October, 29th
About Akre Capital Management:
Akre Capital Management, LLC ("ACM") provides investmentmanagement services to individual accounts and acts as theinvestment adviser / investment manager for the Akre Focus Fund,Braddock Partners, LP, and Braddock Partners Offshore, Ltd.While each pool of assets is managed based on the same fundamentalprinciples, slightly different strategies are applied according toour clients' varying account assets and risk objectives, as well asSEC regulations.
Disclosures:
© 2012 Morningstar, Inc. All Rights Reserved. The informationcontained herein: (1) is proprietary to Morningstar and/or itscontent providers; (2) may not be copied or distributed; and (3) isnot warranted to be accurate, complete or timely. NeitherMorningstar nor its content providers are responsible for anydamages or losses arising from any use of this information. Pastperformance is no guarantee of future results. For each fund withat least a three-year history, Morningstar calculates a MorningstarRatingTM based on a Morningstar Risk-Adjusted Return measure thataccounts for variation in a fund's monthly performance (includingthe effects of sales charges, loads, and redemption fees), placingmore emphasis on downward variations and rewarding consistentperformance. The top 10% of funds in each category receive 5 stars,the next 22.5% receive 4 stars, the next 35% receive 3 stars, thenext 22.5% receive 2 stars, and the bottom 10% receive 1 star.(Each share class is counted as a fraction of one fund within thisscale and rated separately, which may cause slight variations inthe distribution percentages.) As of 09/30/2012 the Fund had a 5star rating for the 3-year period out of 673 Mid-Cap Growth Funds.
Morningstar, Inc. is an independent mutual fund research andrating service. Each Morningstar category represents a universe offunds with similar investment objectives. Rankings for the periodsshown are based on fund total returns with dividends anddistributions reinvested and do not reflect sales charges. Thehighest percentile rank is 1 and the lowest is 100.
Mutual fund investing involves risk. Principal loss ispossible. The Fund isnon - diversified, meaning it mayconcentrate its assets in fewer individual holdings than adiversified fund. Therefore, the Fund is more exposed to individualstock volatility than a diversified fund. The Fund invests in smalland medium capitalization companies, which involve additional riskssuch as limited liquidity and greater volatility than largercapitalization companies.
The Fund's investment objectives, risks, charges andexpenses must be considered carefully before investing. The summaryand statutory prospectus contains this and other importantinformation about the investment company and it may be obtained bycalling (877) 862 - 9556 or visitingwww.akrefund.com. Read it carefully beforeinvesting.
The SEC does not endorse, indemnify, approve, nor disapprove ofany security.
The Akre Focus Fund is distributed by Quasar Distributors,LLC
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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