 |
| Dow | Nasdaq | About Us | Disclaimer |  |
RSS Feed |  |
Follow us on Twitter |
|
Featured Advisors |
Saturday June 26, 2010
Jack Bowers
Jack Bowers, 52, is the CEO of Independent Fidelity Investors, Inc., which publishes two newsletters, Fidelity Monitor and Fidelity Insight. He also serves as chief investment strategist of Weber Asset Management and CEO of Bowers Wealth Management, Inc. The two advisory firms have approximately $300 million under management. Bowers holds a bachelors degree in Electrical Engineering from Washington State University. Bowers also serves as editor of Fidelity Monitor, the newsletter he founded in 1986. 
Back then, he drew on his personal interest in investing and desktop publishing, and his 11 years of employment at Hewlett-Packard. "It was tough to get much information on mutual funds in 1986." says Bowers. "I set out to create a model-based service that would show readers how they could win by staying fully invested in stock funds." Among newsletters tracked by the Hulbert Financial Digest, Fidelity Monitor is one of top risk-adjusted perfomers over the last 20 years. During that time Bowers has been credited with outstanding performance by the Wall Street Journal, Money Magazine, U.S. News, The New York Times, USA Today, and Investors Business Daily. He has appeared on the Forbes Newsletter Honor Roll twice. Our approach to sector investing is unique. Unlike many trend-following systems, which make changes on a frequent basis, our holding period for a given sector typically ranges between 5 months and 2 years. Our trades frequently qualify for long-term capital gains. We accomplish this by looking only at long term trends, and by relying on standard deviation calculations that compare a sector's current volatility with that of its long-term past. By combining our volatility calculations with risk-adjusted performance, we're able to identify sectors that are poised to outperform the S&P 500 in the coming 12-18 months. Not all of our top-ranked sectors will be winners. As such, we hold six sectors in our Select System to increase the odds that the portfolio as a whole will outperform over a 12-month period. The Select System is allowed to draw from all of the funds in the Select family, but in practice is limited to those with total assets of $60 million or more. The Select System is not biased toward any particular investment style, and there are no limitations on the number of positions that can be occupied by any major industry group - except for energy, which is held to a maximum of 2 out of 6 sector holdings. Fidelity's fund minimum for taxable accounts is $2500. In order to follow the Select System, you'll need an initial investment of about $20,000. In a typical year, we'll make 5-6 trades in this portfolio. |
News Flash
|
|