http://www.fulleram.org A Registered Investment Advisor based in Scottsdale, Arizona Fri, 05 Feb 2010 09:13:26 +0000 http://backend.userland.com/rss092 en Lawrence Fuller, Managing Director and Portfolio Manager PDF version of the Market Outlook We decided to depart from our typical format this month to address the President directly in an effort to shed light on what we believe to be the greatest risk facing our country and our financial markets through the ... http://www.fulleram.org/market-outlook/january-2010-market-review-and-february-outlook/ Fuller Asset Management Large Cap Growth Portfolio December 31, 2009 [TABLE=10] *Composite inception 10/17/2005 [TABLE=11] Fuller Asset Management, LLC (“Fuller Asset Management”) is an SEC registered investment adviser. The Fuller Large Cap Growth Composite Portfolio (the “Composite Portfolio”) represents actual client accounts invested according to Fuller Asset Management’s proprietary investment strategy. The Composite Portfolio ... http://www.fulleram.org/fund-performance/q4-2009-composite-performance/ SECTOR DISTRIBUTION FULLER GROWTH S&P 500 INDEX Consumer Discretionary 4.50% 9.58% Consumer Staples 3.18% 11.36% Energy 7.36% 11.48% Financials 16.80% 14.38% Health Care 0.0% 12.63% Industrials 12.99% 10.24% Info Technology 37.05% 19.86% Materials 9.85% 3.60% Telecommunications 2.09% 3.16% Utilities 0.0% 3.71% Cash 6.18% 0.0% TOP 10 HOLDINGS ALLOCATION SECTOR BANK OF AMERICA 6.64% Financials CISCO 5.06% Technology MORGAN STANLEY 4.43% Financials GENERAL CABLE 4.40% Industrials MOSAIC 4.36% Materials RESEARCH IN MOTION 4.14% Technology FLEXTRONICS 4.12% Technology AKAMAI TECHNOLOGIES 4.04% Technology MICROSOFT 4.01% Technology SUNTECH POWER 3.83% Technology The sector distribution percentages are based on weight, not performance, and are subject to change at any time without notice. A comprehensive list of holdings is available upon request. http://www.fulleram.org/large-cap-growth-fund/fuller-large-cap-growth-portfolio-as-of-december-31-2009/ Lawrence Fuller, Managing Director and Portfolio Manager PDF version of the Market Outlook In 2009 our financial markets staged a historic rally from the bear market low established in March. That low coincided with what was the deepest point of contraction in economic activity during the worst economic downturn since the ... http://www.fulleram.org/market-outlook/2009-market-review-and-2010-outlook/ Lawrence Fuller, Managing Director and Portfolio Manager PDF version of the Market Outlook The stock market resumed its ascent in November with the Dow Jones Industrials (+6.5%), Standard & Poor’s 500 (+5.7%) and Nasdaq Composite (+4.9%) all registering gains for the month and new highs for the year. Materials led sector ... http://www.fulleram.org/market-outlook/november-2009-market-review-and-december-outlook/ Lawrence Fuller, Managing Director and Portfolio Manager PDF version of the Market Outlook The string of seven consecutive monthly gains in stock prices ended in October over concerns that the economic recovery is losing momentum, despite a report that the economy grew 3.5% last quarter, signifying that the recession is likely over. ... http://www.fulleram.org/market-outlook/october-2009-market-review-and-november-outlook/ SECTOR DISTRIBUTION FULLER GROWTH S&P 500 INDEX Consumer Discretionary 7.92% 9.20% Consumer Staples 2.93% 11.50% Energy 2.53% 11.70% Financials 20.10% 15.20% Health Care 0.0% 13.10% Industrials 13.96% 10.20% Info Technology 33.11% 18.70% Materials 5.82% 3.50% Telecommunications 2.07% 3.20% Utilities 0.0% 3.70% Cash 9.95% 0.0% TOP 10 HOLDINGS ALLOCATION SECTOR BANK OF AMERICA 7.36% Financials GENERAL CABLE 5.78% Industrials CISCO 4.91% Technology MORGAN STANLEY 4.56% Financials RESEARCH IN MOTION 4.09% Technology INFOSYS 4.06% Technology CITIGROUP 3.96% Financials MOSAIC 3.47% Materials SUNTECH POWER 3.46% Technology MICROSOFT 3.34% Technology The sector distribution percentages are based on weight, not performance, and are subject to change at any time without notice. A comprehensive list of holdings is available upon request. http://www.fulleram.org/large-cap-growth-fund/fuller-large-cap-growth-portfolio-as-of-september-30-2009/ Fuller Asset Management Large Cap Growth Portfolio September 30, 2009 [TABLE=8] *Composite inception 10/17/2005 [TABLE=9] Fuller Asset Management, LLC (“Fuller Asset Management”) is an SEC registered investment adviser. The Fuller Large Cap Growth Composite Portfolio (the “Composite Portfolio”) represents actual client accounts invested according to Fuller Asset Management’s proprietary investment strategy. The Composite Portfolio ... http://www.fulleram.org/fund-performance/q3-2009-composite-performance/ Lawrence Fuller, Managing Director and Portfolio Manager PDF version of the Market Outlook The bulls have long been overdue for a rest given the torrid pace of the rally that began last March. September, which has historically been the worst performing month of the year for the stock market, provided a ... http://www.fulleram.org/market-outlook/september-2009-market-review-and-october-outlook/ Lawrence Fuller, Managing Director and Portfolio Manager PDF version of the Market Outlook A powerful and synchronized upturn in the global economy is underway. While the bears have been convinced for months that a significant decline lurks just around the corner, the bulls remain in complete control of this market. ... http://www.fulleram.org/market-outlook/august-2009-market-review-and-september-outlook/