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Today’s S&P 500 Fix

 

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LATEST NEWS:

Mar. 10, 2006 –

PMF1 has now been selected as a Marketocracy Top Ten fund for 12 months in a row. PEF is currently the #31-ranked fund based on the last two years’ performance.

Aug. 23, 2005 –

PMF1 has just been selected as a Marketocracy Top Ten fund for the 6th month in a row..

.PEF closed the fiscal year (June 30) as the #30 ranked fund for the most recent quarter, #36 for the year, and #61 for the previous 2-year period (out of over 70,000 funds)...

POF, the newest Pettit Fund, closed on June 30 as the #66 best-performing fund for the quarter (out of more than 70,000 funds)...

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        A picture is worth a thousand words, and the graphs on my Home Page give you a good visual representation of the performance of each of my funds. Marketocracy does a good job of providing a variety of statistics for measuring performance. Here, then, are representations of what would be on the back of my "baseball card" for each fund:

 


 Pettit Mutual Fund #1

Pettit Energy Fund

        With respect to the Pettit Mutual Fund #1 and Pettit Energy Fund, they are each approaching being 3 years old, and have sustained a "beat the market" annualized rate of 30% in excess of what the market as a whole (as measured by the S&P 500) has done. As you can see, each fund has returned an annualized rate of over 40%.

        Pettit Destiny Fund and Pettit Opportunity Fund are still young--but they also seem to be on the way to their own market-shattering returns:


Pettit Destiny Fund

Pettit Opportunity Fund

        The graphs and tables I've inserted here are relatively recent. For the most recent recap of performance for each of these funds, click the fund name following for the link to its Marketocracy web page:


Pettit Mutual Fund #1


Pettit Energy Fund


Pettit Destiny Fund


Pettit Opportunity Fund