This
section is only provided to give you a general understanding of the system. Buy and
Sell logic varies by industry and may be changed upon each revision. No
guarantee of performance should ever be implied by the reports shown on this
web site. Losses, as well as gains, may occur when investing in the Top
Stock system.
The Actual Recommendations
represents the actual history of recommendations made by the system. Cash
flow needs, sector diversification, and other factors may have influenced the
actual implementation of recommendations by investors. The performance
assumes transactions are done on the date of the recommendation at the average
of the high and low price and assumes $10,000 purchase on all new buys with a
$20 transaction charge on all buy and
sell transactions. A 1.50% annual management fee is also factored into all
performance figures shown.
All performance is measured using
a Time Weighted Return calculation which minimizes the impact of cash flows on
performance. All dividends and other earnings are assumed to be paid out
to the investor. Dividend, interest and cash from realized gains are not
included in any performance data. Since trade dates, prices, transaction
costs, and other factors do not necessarily illustrate what investors may have
experienced, the performance data displayed is not representative of any actual
account and your results may vary from what is illustrated here.
The Top Stock Evolving Model has been revised seven times since inception.
The Evolving Model represents the retested logic that is used to make current
and future recommendations and shows the impact of the changes made to the logic
over time. The Evolving Model historically tracks how recommendations may have
performed if the current logic would have been in place since inception. The
performance of the Evolving Model assumes transactions are done as the Model
would have recommended at the previous Friday's closing price and assumes a 2%
transaction charge on all buy and sell transactions.
Contact us if you have specific
questions about the Top Stock system.
Investment advisory services
provided by IPI Asset Management, Decatur, IL
