Portfolio Alerts When and how are portfolio deletions announced? Why are portfolio deletion alerts issued only once a week? When are portfolio additions revealed? How quickly should I act after receiving a portfolio alert? Is the SSR performance you report based upon “real money” or hypothetical results? Where can I find a listing of all of the transactions for the actual SSR portfolio?

When and how are portfolio deletions announced?    [ top ]

Portfolio deletion alerts are announced on a weekly basis. Deletions are normally disclosed after the close of trading on the last day of every week through the Web site, E-mail release and telephone hotline. The monthly printed newsletter also recaps any deletions during the prior month.

After the close of trading on the last trading day of the week (typically Friday evening), the Weekly Update segment of the SSR Web site is revised to disclose any deletion alerts that have been issued for the week. The Weekly Update page also summarizes the portfolio performance for the week, lists any portfolio alerts from the prior four weeks, and provides information on each of the current stocks making up the SSR portfolio.

The Stock Superstars Report also maintains a telephone hotline for subscribers to call and find out if any portfolio deletion alerts have been issued for the week. The number for the telephone hotline can be found in the printed monthly newsletter.

Why are portfolio deletion alerts issued only once a week?    [ top ]

Many subscribers have asked why we do not issue deletion alerts intra-week instead of waiting until the end of the trading week. By issuing our deletion alerts after the close of trading for the week, we allow all subscribers at least two days to decide whether there is any action they will need to take. If we were to issue our alerts during the course of the trading week, it would place some subscribers at an advantage over others. Also, we have tried to make the SSR system as easy to follow as possible. Knowing that there will only be one alert a week eliminates the need to wonder whether alerts will be issued during the course of the trading week.

When are portfolio additions revealed?    [ top ]

Portfolio addition alerts are issued on a monthly basis. Like deletion alerts, addition alerts are announced through the SSR Web site on the Monthly Buys page, weekly E-mail alert, telephone hotline, and monthly newsletter. Portfolio addition alerts are issued on a Friday (or the last trading day of the week) near the month-end.

How quickly should I act after receiving a portfolio alert?    [ top ]

You need not rush to purchase stocks immediately after the portfolio alert. You should be cautious about trading early, particularly at the open, the first day after a portfolio alert. If you are a buyer, give the sellers time to get involved in the market. Depending on market action, you may wish to try to buy on weak days. Also, it is always safer to employ limit orders. The stocks we recommend are reasonably liquid and our portfolio alert alone should not affect the price significantly for any extended period of time. If you are buying a large number of shares, you might buy some one day and some another. While we generally suggest taking action within the week, you can wait longer if you feel the stock is moving in your favor.

Is the SSR performance you report based upon “real money” or hypothetical results?    [ top ]

An actual portfolio was started at the beginning of 2002 that follows the SSR strategy from the perspective of a subscriber. The results we report are based upon the performance of this tracking portfolio that consists of all 36 SSR stocks. Actual brokerage commissions and fees are incurred and figured into performance calculations. The return we present is a time-weighted rate of return that is used for measuring the performance of money managers and mutual funds. All costs and expenses are considered in the calculation. We comply with the performance presentation standards of the CFA Institute, which requires the use of a time-weighted rate of return. The purpose of the time-weighted rate of return is to measure the performance of the investment advice, not the impact of money flowing into and out of the account.

Where can I find a listing of all of the transactions for the actual SSR portfolio?     [ top ]

A comprehensive list of transactions for the actual SSR portfolio—including trades, dividends, interest income, etc.—is presented here on the site. The transaction history can be accessed by clicking on the transaction history link located at the bottom of the Performance page on the Web site. The list of transactions is updated on a weekly basis.