The AFG LC Core or Large Cap Core Equities model, is comprised of core holdings that may or may not pay dividends. In other words, it is not a requirement of this model that the companies pay dividends. However, they should be stocks that we plan on holding for the long term (1-5 years or longer). Predictability of financial performance is critical, as is longer-term growth. The major difference between this model and the Equity Income model is primarily that we do not require a substantial dividend stream from these positions.
The inception date of this model is 10/27/2008 and it has generated a total return of 236.71% vs. the S&P 500 return of 167.15% since that date. This model’s return for 2016 (1/1/2016-12/31/16) was 9.54% vs the S&P return of 9.54%
Model Risk Metrics as of 1/18/2017:
Beta vs. S&P 500: .95/ Average
Volatility / Absolute risk: 12.43% / Average
Dividend Yield: 1.79%
Representative Holdings:
MMM - 3M Company
AIG - American International Group
AMG - Amgen Inc
BBBY - Bed, Bath & Beyond
CABO - Cable One Inc Com
CELG - Celgene Corp
KO - Coca Cola
COST - Costco Wholesale Group
CMI - Cummins Inc Com
FB - Facebook Inc Class A
GHC - Graham Holdings Corp
HAR - Harman International
JNJ - Johnson and Johnson
KR - Kroger Co
PGR - Progressive Corp
WBA - Walgreens Boots Alliance
