Yearly observations of_the_us_size_value_and_market_premiums

Please download to get full document.

View again

of 3
11 views
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.

Download

Document Related
Document Description
1. US Size PremiumYearly Observations: Small Stocks minus Large Stocks1927–2011 Average Within 2% of Average Premiums within Range 3.66% 2011Multifactor data provided…
Document Share
Document Transcript
  • 1. US Size PremiumYearly Observations: Small Stocks minus Large Stocks1927–2011 Average Within 2% of Average Premiums within Range 3.66% 2011Multifactor data provided by Fama/French.Past performance is not a guarantee of future results. Values change frequently and past performance may not be repeated. There is always the risk that aninvestor may lose money. Securities of small firms are often less liquid than those of large companies. As a result, small company stocks may fluctuaterelatively more in price. Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the valueof securities, and the funds that own them, to rise or fall. Because the value of investments will fluctuate, there is a risk that investors will lose money. S1223.8
  • 2. US Value PremiumYearly Observations: Value Stocks minus Growth Stocks1927–2011 Average Within 2% of Average Premiums within Range 4.73% 2011Multifactor data provided by Fama/French.Past performance is not a guarantee of future results. Values change frequently and past performance may not be repeated. There is always the risk thatan investor may lose money. Securities of small firms are often less liquid than those of large companies. As a result, small company stocks may fluctuaterelatively more in price. Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause thevalue of securities, and the funds that own them, to rise or fall. Because the value of investments will fluctuate, there is a risk that investors will losemoney. S1223.8
  • 3. US Market PremiumYearly Observations: Market minus One-Month Treasury Bills1927–2011 Average Within 2% of Average Premiums within Range 7.94% 2011Data provided by Fama/French. Total US Market Research Factor (total market minus one-month Treasury bills).Past performance is not a guarantee of future results. Values change frequently and past performance may not be repeated. There is always the risk that aninvestor may lose money. Securities of small firms are often less liquid than those of large companies. As a result, small company stocks may fluctuaterelatively more in price. Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the valueof securities, and the funds that own them, to rise or fall. Because the value of investments will fluctuate, there is a risk that investors will lose money. S1223.8
  • Search Related
    We Need Your Support
    Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

    Thanks to everyone for your continued support.

    No, Thanks