Performance History. Monthly. Quarterly. Annual. Monthly Total. Quarterly Total

Transcription

1 Performance History End Value Total Return Asset Class Returns EQUITIES Additional Indexes S&P 500 Composite 2,948, ,929, ,867, ,739, ,490, ,434, ,160, ,229, ,399, ,175, ,180, (8.89%) 0.63% 2.16% 5.13% (0.29%) 2.29% (0.59%) (2.13%) (5.00%) 7.39% (0.15%) 1.72% (8.99%) 0.63% 2.24% 5.51% (0.33%) 2.39% 0.04% (2.24%) (4.91%) 7.70% (0.15%) 1.79% (6.84%) 0.57% 3.26% 3.72% 0.62% 2.41% 0.38% (2.54%) (3.69%) 5.73% 1.11% 3.07% 2,948, ,739, ,160, ,175, (8.89%) 8.09% 1.40% (0.16%) 3.32% (8.99%) 8.56% 2.09% 0.11% 3.54% (6.84%) 7.71% 3.43% (0.76%) 6.64% 3,175, ,584, ,635, (0.31%) 14.42% 13.12% 2.19% 0.98% 15.84% 15.21% 2.54% 3.01% 21.83% 11.96% 1.38% Monthly October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 March 2018 February 2018 January 2018 December 2017 November 2017 Monthly Total Quarterly Fourth Quarter 2018 * Third Quarter 2018 Second Quarter 2018 First Quarter 2018 Fourth Quarter 2017 Quarterly Total Annual 2018 * This performance summary has been prepared by the Golub Group. If you have a closed account that is included in your household, the total line will include the performance for that account(s). Although we make every effort to verify all information presented, we do not guarantee the accuracy of information presented herein. This summary is un-audited and has not been prepared in accordance with GIPS. All opinions presented herein are strictly that of the Golub Group. You should not construe any implied or express conclusions presented in this summary as a promise of future return. Past performance is not a guarantee of a future result. All returns presented are net of fees charged to your account and include reinvested dividends. General market data quoted herein has been obtained from reliable sources but we do not guarantee its accuracy. Please contact us as soon as practical should you have questions about this performance appraisal. 1

2 Performance History End Value Total Return Asset Class Returns EQUITIES 3,690, ,544, ,350, ,826, ,088, ,776, ,820, % 31.78% 14.73% 1.74% 10.50% 21.07% (26.95%) 12.78% 34.08% 16.41% 2.61% 11.73% 20.89% (27.27%) Additional Indexes S&P 500 Composite 13.69% 32.39% 16.00% 2.11% 15.06% 26.46% (27.45%) Annual * Annual Total * Partial period return Returns are cumulative This performance summary has been prepared by the Golub Group. If you have a closed account that is included in your household, the total line will include the performance for that account(s). Although we make every effort to verify all information presented, we do not guarantee the accuracy of information presented herein. This summary is un-audited and has not been prepared in accordance with GIPS. All opinions presented herein are strictly that of the Golub Group. You should not construe any implied or express conclusions presented in this summary as a promise of future return. Past performance is not a guarantee of a future result. All returns presented are net of fees charged to your account and include reinvested dividends. General market data quoted herein has been obtained from reliable sources but we do not guarantee its accuracy. Please contact us as soon as practical should you have questions about this performance appraisal. 2

3 Asset Allocation () 3

4 Holdings Quantity Symbol Description Price Value Weight Annual Income Current Yield Cost Basis OWENS ILLINOIS INC NEW , % % 161, , % % 161, , , % 4.70% % % 28, , , % % 181, , , , % 4.89% 2.55% 1, % 1.02% 1.46% 96, , , , % 2, % 290, , , , , % 4.22% 4.87% 4.30% 2, , , % 2.37% % 2.75% 83, , , , , % 8, % 309, , , , % 4.64% 4.89% 2, , % % 2.23% 146, , , Basic Materials 7,39 OI Basic Materials Total Communication Services GOOGL 83 FB ALPHABET INC. CLASS A FACEBOOK INC CLASS A 1, Communication Services Total Consumer Discretionary BKNG 1, EXPE DIS BOOKING HOLDINGS, INC. EXPEDIA INC CL A WALT DISNEY CO (HOLDING C 1, Consumer Discretionary Total Financials 3, , ,76 BAC BK BRKB C BANK OF AMER CORP BANK OF N Y MELLON CO INC BERKSHIRE HATHAWAY CL B CITIGROUP INC Financials Total Health Care 74 AGN LH 1,46 MDT ALLERGAN INC LABORATORY CORP AMER HLDG MEDTRONIC INC You should be receiving monthly statements from your custodian. We urge you to compare both statements to ensure accurate reporting. Please let us know if you do not receive a separate statement from your custodian. There may be variances between the reports because of the timing in posting of dividends or interest. In addition, certain assets may be managed by The Golub Group but the assets may be held by the broker and/or custodian for retirement plans (e.g. 401(k), etc.); or employer securities (e.g. stock options); non-managed assets will not show up in this report. Please note that the annual income is an estimate based on projected dividends; actual amounts may vary. The Golub Group requests that Clients contact us in the event that they see any discrepancies or if they do not receive their statements from their custodians or have any questions. 4

5 Holdings Quantity Symbol Description Price Value Weight Annual Income Current Yield Cost Basis NOVARTIS AG SPON ADR , % 3, % 92, , % 8, % 482, , , , , , , % 2.63% 4.54% 4.11% 1.98% 3.43% 1, , , , , % 2.04% 1.66% 4.75% 1.92% 2.37% 95, , , , , , , % 11, % 513, , , , , , % 3.81% 2.56% 3.53% 3.14% 1, ,11 1, % 1.09% % 1.72% 0.73% 34, , , , , % 4, % 209, Schwab Advisor Cash Reserves Fund 2.60% 1, % Cash Total 2.60% 1, % 10% 36, % 2,219, Health Care 1, NVS Health Care Total Industrials 3, ,65 10, CFX DE FLS GE GWW UTX COLFAX CORPORATION DEERE AND CO FLOWSERVE CORP GENERAL ELECTRIC CO GRAINGER W W INC UNITED TECHNOLOGIES CORP Industrials Total Technology , AAPL CTSH FISV MSFT V APPLE COMPUTER INC COGNIZANT TECH SOLUTIONS CRP FISERV INC MICROSOFT CORP VISA INC CL A Technology Total Cash SWZXX Total You should be receiving monthly statements from your custodian. We urge you to compare both statements to ensure accurate reporting. Please let us know if you do not receive a separate statement from your custodian. There may be variances between the reports because of the timing in posting of dividends or interest. In addition, certain assets may be managed by The Golub Group but the assets may be held by the broker and/or custodian for retirement plans (e.g. 401(k), etc.); or employer securities (e.g. stock options); non-managed assets will not show up in this report. Please note that the annual income is an estimate based on projected dividends; actual amounts may vary. The Golub Group requests that Clients contact us in the event that they see any discrepancies or if they do not receive their statements from their custodians or have any questions. 5

6 Sector Weighting: Equity vs. S&P % 20.0% 15.0% 10.0% Equity S&P % 0.0% Cash Technology Communication Services Industrials Health Care Basic Materials Consumer Cyclicals Consumer Staples Financials Energy Utilities Relative Sector Weighting: Equity vs. S&P % 10.0% 5.0% 0.0% Equity -5.0% -10.0% Cash Technology Communication Services Industrials Health Care Basic Materials Consumer Discretionary Consumer Staples Financials Energy Utilities 6

7 Transactions From September 30, 2018 to October 31, 2018 Trade Date 10/31/ /29/2018 Settlement Date 11/02/ /31/2018 Activity Sell Buy 10/29/ /25/ /31/ /29/2018 Sell Buy Description BERKSHIRE HATHAWAY CL B LABORATORY CORP AMER HLDG NOVARTIS AG SPON ADR BANK OF N Y MELLON CO INC 7 Quantity Commission Amount 7, , , ,660.64

8 Unrealized Gains and Losses Quantity , , ,76 1,48 3, , ,65 10, , , ,39 Symbol AGN GOOGL AAPL BAC BK BRKB BKNG C CTSH CFX DE EXPE FB FISV FLS GE GWW LH MDT MSFT NVS OI SWZXX 74 UTX 61 V DIS Description ALLERGAN INC ALPHABET INC. CLASS A APPLE COMPUTER INC BANK OF AMER CORP BANK OF N Y MELLON CO INC BERKSHIRE HATHAWAY CL B BOOKING HOLDINGS, INC. CITIGROUP INC COGNIZANT TECH SOLUTIONS CRP COLFAX CORPORATION DEERE AND CO EXPEDIA INC CL A FACEBOOK INC CLASS A FISERV INC FLOWSERVE CORP GENERAL ELECTRIC CO GRAINGER W W INC LABORATORY CORP AMER HLDG MEDTRONIC INC MICROSOFT CORP NOVARTIS AG SPON ADR OWENS ILLINOIS INC NEW Schwab Advisor Cash Reserves Fund UNITED TECHNOLOGIES CORP VISA INC CL A WALT DISNEY CO (HOLDING C Open Date 04/05/ /05/ /31/ /18/ /20/ /11/ /11/ /13/ /04/ /24/ /26/ /11/ /01/ /14/ /16/ /01/ /31/ /07/ /12/ /07/ /27/ /31/ /16/ /07/ /17/2018 Total Unrealized Gain/Loss 8 Current Value 116, , , , , , , , , , , , , , , , , , , , , , , , , Cost Basis 146, , , , , , , , , , , , , , , , , , , , , , , , Total Gain/Loss (29,668.54) 86, , , , , , , , (4,149.57) 19, , (27,857.80) 37, , (43,945.40) 22, (3,996.38) 17, , , (45,821.51) Percent Gain/Loss (20.24%) % % 31.11% 63.28% 88.74% 3.17% 31.15% 5.95% (4.32%) 38.90% 2.72% (18.11%) % 8.26% (28.52%) 75.03% (3.11%) 14.92% 10% 19.12% (28.35%) 21, , , % 74.21% 2.09% 2,219, , %