Investing in today’s volatile municipal bond market requires highly specialized portfolio management. Since 1984 – in good markets and bad – the disciplined Bernardi Securities, Inc. approach to active municipal bond portfolio management has produced solid returns for clients.
Super-Diversification Portfolio Performance is not a representation of the performance of actual client portfolios. This is the combination of the following performance: the Patton Flex Strategy actual results representing 35% of the portfolio, the actual results of a diverse basket of index funds, reduced by 1/12 of 1.5% monthly for the management fee representing an estimate of the net return for the portfolio. This assumed portfolio allocation is similar, but not necessarily identical, to that used for Patton clients with a growth-oriented risk profile. Although the presented performance is not that of actual clients the presented performance is representative of the performance of actual clients with an identical allocation to that illustrated. Clients with portfolio allocations different than this one presented, for example with a lower desired risk profile, could have had performance results meaningfully different than those presented here.
Municipal Bond Portfolio Management | Bernardi …
Back-tested Performance is Hypothetical. The performance information shown for the Patton Investment you selected includes performance information that is hypothetical, and is not real. As such, the back-tested portion of the performance presentation does not represent the investment performance or the actual Patton Investment or any investors in the Patton Investment. The securities in these hypothetical portfolios were selected with the full benefit of hindsight, after their performance over the period shown was known. It is not likely that similar results could be achieved in the future. The back-tested results may not reflect the impact that any material market or economic factors might have had on the results if the strategy had been used during the period to actually manage client assets. The hypothetical portfolios presented here are purely illustrative, and representative only of a small sample of possible future scenarios.