Lexington Capital, LLC is a registered investment adviser. Information presented herein is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.
Readers of the information contained on this report, should be aware that any action taken by the viewer/reader based on this information is taken at their own risk. This information does not address individual situations and should not be construed or viewed as any type of individual or group recommendation. Be sure to first consult with a qualified financial adviser, tax professional, and/or legal counsel before implementing any securities, investments, or investment strategies discussed.
Any Model performance shown for the relevant time periods is based upon hypothetical results of a Lexington Capital, LLC model portfolio. The LexCap Top 1% Stock Model for the time period of the years 2000 to 2013 is back tested and since 2013 is real time sample testing. Model portfolio performance is the result of the application of the Lexington Capital, LLC investment process. It does not reflect any investor’s actual experience with owning, trading or managing an actual investment account.
Model portfolio performance is shown net of the model advisory fee of 1.60 %, the highest fee charged by Lexington Capital, LLC and sample trading costs based on our Custodian’s trading costs. Performance does not reflect the deduction of other fees or expenses, including but not limited to, custodial fees and fees and expenses charged by mutual funds and other investment companies. Performance results shown include the reinvestment of dividends and interest on cash balances where applicable with some exceptions. The calculation of returns with or without dividend reinvestment is statistically insignificant. The data used to calculate the model performance was obtained from sources deemed reliable and then organized and presented by Lexington Capital, LLC.
The performance calculations have not been audited by any third party. Actual performance of client portfolios may differ materially due to the timing related to additional client deposits or withdrawals and the actual deployment and investment of a client portfolio, the length of time various positions are held, the client’s objectives and restrictions, and fees and expenses incurred by any specific individual portfolio.
Backtested performance is NOT an indicator of future actual results. There are limitations inherent in hypothetical results particularly that the performance results do not represent the results of actual trading using client assets, but were achieved by means of retroactive application of a backtested model that was designed with the benefit of hindsight. The results reflect performance of a strategy not historically offered to investors and do NOT represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses.
The Lexington Capital, LLC performance results shown are compared to the performance of the S&P 500 index. The index results do not reflect fees and expenses and you typically cannot invest in an index. The S&P 500 was chosen for comparison as it is generally well recognized as an indicator or representation of the stock market in general and includes a cross section of equity holdings. The LexCap Market Risk Indicator is based on the S&P 500 index and cannot be invested in. The LexCap 1% model is a concentrated portfolio of up to five positions.
Lexington Capital, LLC, its principals, employees and clients may hold positions or other interests in securities mentioned in this report and may trade for their own account(s) based on the information presented. Lexington Capital, its principals, employees and clients may also use discretion and override model signals in certain circumstances. Lexington Capital, its principals, employees and clients may also take positions inconsistent with the views expressed in this report as market conditions dictate. At any time, Lexington Capital, its principals, employees and clients may be long, short or neutral in their accounts in any of the securities mentioned. Lexington Capital, its principals, employees and clients may discuss and display charts, graphs, formulas, stock and sector picks which are not intended to be used by themselves to determine which securities to buy and sell, or when to buy or sell them. This specific information is limited and should not be used on their own to make investment decisions. This information is offered as educational only.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS