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Provo, UT, United States, 2009/10/29 - Paragon’s Top Flight Portfolio generated a total return of 336.73% versus 33.30% for the S&P 500 from its inception on January 1, 1998 through September 30, 2009.
Paragon Wealth Management’s growth portfolio, Top Flight, has continued to outperform the S&P 500 since its inception on January 1, 1998 despite the difficult economy and stock market in 2002 and 2008.
Paragon’s Top Flight Portfolio generated a total return of 336.73% versus 33.30% for the S&P 500 from its inception on January 1, 1998 through September 30, 2009. Its compound annual return is 13.47% versus 2.49% for the S&P 500. (Visit paragonwealth.com to see complete track record and full disclosures).
“Despite the difficult economic situation, our growth portfolio has continued to do well,” said Dave Young, President and founder of Paragon Wealth Management. “It has continued to outperform the S&P 500 because we actively manage our accounts using two distinct sets of quantitative models.”
Paragon's Top Flight Portfolio was created in late 1997 as the culmination of the best systems and models Paragon had used up to that point. Its investment universe includes the U.S. and International stock markets. This portfolio is suitable for investors able to tolerate exposure to the volatility of the broader stock market. It is actively managed by Paragon's wealth managers, and primarily moves in and out of selected exchange traded funds (ETFs) based on Paragon's quantitative models, which can change frequently depending on market conditions.
Paragon's Top Flight Portfolio has generated 27.65% year-to-date, versus 19.25% for the S&P 500. (Visit Paragon's website to see complete track record and full disclosures).
“Despite commonly held wealth managers' opinions, active wealth management has increased our returns, reduced risk and proven itself in our performance numbers,” said Young.
About Paragon Wealth Management
Paragon Wealth Management (paragonwealth.com | moneymanagerslive.com) is a wealth management firm that was established in 1986. They actively manage all types of traditional and retirement accounts such as IRA and 401(k) rollovers, and pensions and trusts. Paragon has fiduciary responsibility. Call 800-748-4451 for more information.
Paragon cannot guarantee the accuracy of information from other sources. Opinions are as of the dates indicated only. This report is not a solicitation for any security. Past performance is not a guarantee of future results. Investment performance reflects time and size-weighted geometric composite returns of actual client accounts. Investment returns are net of all fees and costs. The S&P Index is a diversified, size weighted index of 500 stocks.