Asset Management Inc.
SMART VALUE FUND©
www.tw-am.com Asset Management Inc.
Equity Performance Backtest 2001 -2003
03 TAM Smart Value Fund The System
TAM SMART VALUE FundŠ
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www.tw-am.com Asset Management Inc.
Backtest 2001-2003
TAM Equity Only (cumulated) 90,00 80,00 70,00
TAM Equity 2001:
10,02 %
60,00
TAM Equity 2002:
18,90 %
40,00
TAM Equity 2003:
35,14 %
20,00
50,00
30,00
10,00 0,00 -10,00 -20,00
03 TAM Smart Value Fund The System
TAM SMART VALUE FundŠ
3
www.tw-am.com Asset Management Inc.
Equity Performance Separation Real Money Test 2006/07
03 TAM Smart Value Fund The System
TAM SMART VALUE FundŠ
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www.tw-am.com Asset Management Inc.
Real Money Test 2006/07 Performance
TAM | equity only 25 20
TAM Equity: Sept06 – Dec07 Gross Performance
16,98 %
15 10 5 0
TAM Equity (%)
03 TAM Smart Value Fund The System
TAM SMART VALUE Fund©
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www.tw-am.com Asset Management Inc.
Real Money Test 2006/07 Performance TAM | total vs equity
TAM Equity vs World Indices (in EUR)
60
25
50
20
40
15
30
10
20
5
10
0
0
-5
TAM Equity (%)
TAM Total (%)
03 TAM Smart Value Fund The System
TAM Equity (%)
S&P (%) EUR
DJI (%) EUR
MSCI World (%) EUR
TAM SMART VALUE FundŠ
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www.tw-am.com Asset Management Inc.
Equity Performance Separation Real Paper Test 2008 - YTD
03 TAM Smart Value Fund The System
TAM SMART VALUE FundŠ
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www.tw-am.com Asset Management Inc.
SYSTEM TEST 2008 YTD Performance
TAM RPT 2008 5,00% 4,00% 3,00%
TAM Total (YTD):
+3,40%
2,00% 1,00%
TAM Equity (YTD): Update 01.02.2008
-1,04%
0,00% -1,00% -2,00% -3,00%
P Equ
03 TAM Smart Value Fund The System
P total
TAM SMART VALUE FundŠ
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www.tw-am.com Asset Management Inc.
SYSTEM TEST 2008 YTD Performance (in EUR denominated)
TAM Total (YTD):
+3,40%
TAM Equity (YTD):
-1,04
S&P 500 (YTD):
- 5,71%
DJI (YTD):
- 4,01%
TAM vs World Indices (in EUR) 5,00%
0,00%
-5,00%
-10,00%
-15,00%
DAX (YTD):
-13,80%
MSCI World (YTD): - 8,03% Update 01.02.2008
-20,00%
TAM %
TAM Eq %
S&P EUR %
DAX %
DJI EUR %
MSCI World EUR %
03 TAM Smart Value Fund The System
TAM SMART VALUE Fund©
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