This material is written for Pacific Mountain Advisors, Inc. and is solely for informational purposes. The material may contain assessments of the financial markets and economic conditions at a specific point in time and are not intended to be a forecast of future events, or a guarantee of future actions or results. Any opinions expressed are those of the author and do not necessarily reflect the investment views of the Firm as a whole. The material does not purport to be a complete analysis of conditions and should not be used as a primary basis for investment decisions. It should also not be construed as advice meeting the particular investment needs of any investor. Neither the information presented nor any opinions expressed constitute a solicitation for the purchase or sale of any security.
The performance of Pacific Mountain Advisors’ composite of client accounts should be viewed in the context of the broader market and general economic conditions in existence during the periods depicted in the performance information. Market and economic conditions could change in the future, producing materially different returns. Investment strategies may be subject to various types of risk of loss including, but not limited to, market risk, credit risk, interest rate risk, inflation risk, currency fluctuations, economic instability and political instability, both domestically and abroad. The foregoing data was prepared by Pacific Mountain Advisors and has not been compiled, reviewed or audited by an independent accountant. The Firm believes that the results were generated with an investment philosophy and methodology similar to that which it expects to continue to use, however, future investments will be made under different economic conditions and in different securities and may entail different approaches.
Performance results are presented net of transaction costs and management fees charged by Pacific Mountain Advisors as well as any mutual funds or exchange traded funds. Such fees are borne by shareholders unless stated otherwise and are reflected in the net asset values of the Funds. Some Funds also charge short-term redemption fees, which are billed to shareholders at the time of the event causing the fee. In selecting the Funds in which to invest client assets, the Pacific Mountain Advisors considers the nature and size of the fees charged by the Funds and selects them only if the Firm believes the Fund’s performance, after all fees, will meet the Firm’s performance standards and are consistent with the client’s investment objectives. Consequently, Pacific Mountain Advisors may select Funds that have higher or lower fees than other similar Funds and may decide to sell a Fund position even though it will result in the client being required to pay fees if it is deemed an appropriate action given the market conditions prevailing at the time.
Although Pacific Mountain Advisors follows the same investment strategy for each advisory client with similar investment objectives, differences in client holdings are dictated by variations in clients’ investment guidelines, risk tolerances, account sizes and investment timing. Pacific Mountain Advisors may continue to hold a certain security in one client account while selling it for another client account when client guidelines, risk tolerances or individual distribution requirements mandate a sale for a particular client. Consistent with specific client objectives, risk tolerances and timing of capital inflows, clients’ trades may be executed at different times and at different prices. Each of these factors influences the overall performance of the investment strategies followed by the Firm.
Performance results and comparative benchmarks assume reinvestment of dividends & income unless otherwise noted. The benchmarks shown are for comparison purposes only and are not representative of the Firm’s asset allocation and investment management strategy. Please see individual benchmark definitions for details. The composite does not accurately present the performance of any specific account, which depends on investment timing and weighting, among other factors, which vary from account to account. The composite does not include Simple IRA Plans, 529 Accounts, or accounts with less than $25,000 under management because their smaller sizes restrict the investment opportunities available in those accounts.
Pacific Mountain Advisors, its affiliates or its employees may have positions in and may affect transactions in securities and instruments mentioned in these profiles and reports according to the guidelines set forth by the SEC. Pacific Mountain Advisors is an independent SEC registered investment advisor that provides comprehensive financial planning, investment management and small business consulting services. Pacific Mountain Advisors is not affiliated with any broker/dealer.
The S&P 500 Index – Assumes reinvested dividends: is a widely recognized, unmanaged free-float capitalization weighted index of 500 large-cap common stocks actively traded in the United States. It is frequently used as a general measure of U.S. stock market performance and represents about two-thirds of the total market value of all domestic stocks. Returns include the reinvestment of dividends and capital gains.
The MSCI EAFE Index – Assumes reinvested dividends: is a widely recognized free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets, excluding the US & Canada. As of May 27, 2010 the MSCI EAFE Index consisted of the following 22 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the United Kingdom.
Barclay’s Capital Aggregate Bond Index – Assumes reinvest dividends: an unmanaged, market capitalization weighted index of domestic fixed income securities. The index includes Treasury securities, Government agency bonds, mortgage-backed bonds, investment grade corporate bonds and a small amount of foreign bonds traded in U.S. Municipal bonds and Treasury inflation-protected securities are excluded because of tax treatment issues.
Chart Source: Information used to construct charts was obtained from Thompson Reuters and Yahoo Finance. We consider this information to be reliable, but its accuracy and completeness are not guaranteed. Results are net of actual advisory fee as well as trading costs and assume that all dividends and capital gains are reinvested. Past performance does not guarantee future results.
A detailed discussion of Pacific Mountain Advisors’ policies, practices and its fee schedule are contained in its Form ADV Part II. To request a copy, please contact Rosalyn Huffman at 831-706-2763 or by email at Rosalyn@PacificMountainAdvisors.com. The Form ADV Part II is also available online at http://www.PacificMountainAdvisors.com.