FYI:
Regards,
Ted
August 15, 2019
Dear WEALTHTRACK Subscriber,
On our website this week, you’ll find some new information about how retirement benefits’ rules are changing for both Social Security and Medicare from benefits guru, Mary Beth Franklin. As she told us on a recent WEALTHTRACK, there are nearly 3,000 rules governing Social Security. We are devoting more time to some specifics this week.
It’s the start of the summer fund-raising season on Public Television, so WEALTHTRACK might not be airing on your local channel. Consequently we are revisiting some interviews that have been of great interest to our viewers. In case you missed it, we are rerunning the exclusive interview we did recently with great investor Mark Yockey.
With episodic exceptions the U.S. has been the place to invest since the global financial crisis. There have been occasional bouts of outperformance by European and emerging markets, specific geographical locals and individual countries but overall, the U.S. markets trajectory has been higher, the U.S. economy stronger and the dollar dominant.
The past year is a case in point. No matter where you looked around the world currencies weakened against the dollar. From the Japanese yen and the Swiss franc, to the Indian rupee and the South Korean won, to the British pound and the Euro to the Chilean peso and Brazilian real.
It’s been a challenging time for global investors, especially those running international funds. This week’s guest, Mark Yockey, is up to the challenge and has been investing overseas for nearly three decades.
Mark Yockey is Founding Partner of Artisan Partners Global Equity Team, where he oversees $24.4 billion in assets. He is long time portfolio manager of his flagship Artisan International fund which he launched in 1995 and for which Yockey was named Morningstar’s International Stock Fund Manager of the Year in 1998 and finalist in 2012.
Artisan International, which has a Bronze Medalist analyst rating from Morningstar, recently reopened to new investors having been closed for several years.
Yockey and his team also oversee the newer Artisan Global Equity fund which he launched in 2010 to include U.S. investments. Global Equity has also earned a Bronze Medalist rating.
Although the two funds have many overlapping holdings and have both beaten their respective benchmarks, the ability to invest in the U.S. has made a big difference in performance. Artisan Global Equity’s five-year annualized returns of nearly 8% dwarf Artisan International’s 2.45% returns.
Among the many topics I discussed with Yockey are if he expects the American market performance advantage to continue and where specifically he is finding “sustainable growth at reasonable prices”.
As always, if you miss the show on public television due to its local stations’ fund raising drives or your own busy schedule, you can watch it on our website. In this week’s web EXTRA feature Yockey, a student of World War II and Winston Churchill recommends one of his favorite historical novels set in that period.
We would also very much appreciate if you could participate in our anonymous survey to help us serve you better and also let our sponsors know just how special our audience is. So please visit our website for a brief, anonymous & confidential survey. WEALTHTRACK does not receive financial support from Public Television and as a result, is completely self-funded. We personally raise the funds from our sponsors to keep the show on the air. Your information is incredibly important for them to understand how exceptional our audience is. If you have completed it already - thank you!
Enjoy the weekend and make the week ahead a profitable and a productive one.
Best regards,
Consuelo
Mary Beth Franklin
https://wealthtrack.com/retirement-benefits/?utm_source=WealthTrack Newsletter&utm_campaign=eb3d8ae4a2-NEWSLETTER_01-18-18_COPY_01&utm_medium=email&utm_term=0_bf662fd9c0-eb3d8ae4a2-71656893Mark Yockey:
https://wealthtrack.com/sustainable-growth-at-reasonable-prices-what-in-the-world-is-great-investor-mark-yockey-finding/ 
