Qualified Investors
Your Bellmont Premium Portfolio is a highly personalised and tailored investment solution. In order for us to be able to provide the level of service required for an offering of this nature, it is important that we ensure that your goals and financial situation are such that we are able to work effectively together and help you move towards your financial objectives.
Minimum Investment
The minimum investment for a Bellmont Premium Portfolio is $100,000.
Timeframes
The Bellmont Premium Portfolio is a long term investment that you should not consider if you have an investment horizon of less than 5 years. In the short term, the stock market is inherently volatile, with stock prices being influenced more by investor sentiment than movements in the underlying fundamentals of the business. In the long run however, share prices move broadly in line with the earnings and investment quality of the underlying business. In the words of Ben Graham: “In the short run, the market is a voting machine, but in the long run it is a weighing machine.”
For this reason, it is likely that your portfolio will suffer periods of underperformance relative to the benchmark index. This does not mean that the investment philosophy is flawed. Rather than regarding a stock’s market price or short term fluctuations as a scorecard, we instead focus on the underlying earnings and prospects of the company as the best judge of its performance. Understanding and accepting the difference between ‘price’ and ‘value’ is imperative for any successful long term investor. Whilst in the short run investor sentiment can cause stock prices to differ significantly from their true value, we’re confident that in the long run (greater than 5 years) the market will reflect the value of a company’s underlying earnings, and that our analysis, patience and discipline will be richly rewarded.