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The Firm
Over the last nine plus years, Shaker Investments has become one of the country’s outstanding equity investment firms.
Founded in 1991, Shaker Investments:
- Consistently ranks among the top of all U.S. equity money managers according to Nelson Information.
- Has an average annual return of 25.3% from inception through March 31, 2001.
- Manages $800 million in separate accounts and approximately $500 million in domestic and offshore investment funds, as of March 31, 2001.
Investment Perspective
The Stock Market
- Often prices growth stocks inefficiently.
- Often treats all companies in the same sector equally in both up and down markets.
- Often fails to differentiate between quality growth companies and those with non-sustainable growth rates.
Therefore
- Shaker systematically exploits these market inefficiencies by maintaining a long-term outlook that is formed through our extensive original research.
- Our long-term perspective, which is rare among growth managers, allows Shaker to invest in the strongest companies at very attractive prices. Shaker particularly seeks to take advantage of these opportunities during sector corrections, or when the long-term prospects of individual companies are misunderstood.
Historical Investment Performance
Shaker Investments has consistently outperformed the general equity markets with its Core Equity Composite over the last nine and a half years:
Average Annual Equity Returns ab
Audited by Ernst & Young c
|
As of March 31, 2001
|
|
|
Past 9 1/2 years d
|
Past 5 years
|
Past 3 years
|
Past 1 year
|
|
Shaker
|
25.32%
|
21.27%
|
17.06%
|
-51.73%
|
|
S&P 500
|
14.63%
|
14.18%
|
3.05%
|
-21.68%
|
|
Nasdaq
|
14.36%
|
11.15%
|
0.36%
|
-59.68%
|
|
Russell 2000
|
11.72%
|
7.76%
|
-0.89%
|
-15.33%
|
Footnotes
a Past performance provides no guarantee of future results.
b Core Equity Composite returns represent a composite value of
$728 million (approximately 90% of the individual accounts) at
March 31, 2001 and are pro forma for 1.5% Management Fee.
c Audited as of December 31, 1999.
d For the period October 1, 1991 through March 31, 2001.
