Insights
June 30, 2024
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Quarterly Letter
Rethinking the S&P 500
The S&P 500 has long been a dominant force in investing, but its recent high valuations and growing concentration risk raise important questions about its future returns.
Each investment program is speculative and entails substantial risks, including the risk that the entire amount invested may be lost. Any performance data presented represents past performance, which is not indicative of future results. There is no assurance that any investment objective will be achieved. No guarantee or representation is made that any investment by Eagle Capital will be successful, and there is no assurance that any investments referenced were or will be profitable. The performance of any investment program can be volatile, and an investment program may become concentrated in any one issuer, industry, type of investment, strategy, country or geographic region, which could increase the likelihood of losses. For the performance of the Eagle Equity Strategy over the most recently available one-, five- and ten-year periods, please see here.