Anderson Griggs Portfolio Management's Focused Growth Separate Account received an Overall 4-star rating from Morningstar for the period ending September 30, 2008.
Rock Hill, South Carolina, 11-20-08 - Anderson Griggs Portfolio Management is proud to announce that the firm's Focused Growth Composite has received an Overall four star rating from Morningstar. The Morningstar RatingTM for separate accounts is a quantitative assessment of past performance-both return and risk-as measured from 1 to 5 stars.
Morningstar gives its best ratings of five or four stars to the top 33% of all separate accounts (of the 33%, 10% get five stars and 22.5% get four stars) based on their risk-adjusted returns as compared with others in their Morningstar CategoryTM. The Overall Morningstar RatingTM is derived from a weighted average of the performance figures associated with a separate account's 3-, 5-, and 10-year (if applicable) Morningstar RatingTM metrics.
Kendall Anderson, CFA and portfolio manager for the firm's Focused Growth Objective stated, "Although this is a recognition of the firms relative performance over the past eight years, our main concern at the present time is to position the portfolio for the recovery in prices that we believe will surely happen".
If you are interested in learning more about the Morningstar RatingTM visit www.morningstar.com. If you are interested in learning more about Anderson Griggs Portfolio Management, contact a member of their team at 1-800-254-0874 or visit http://www.andersongriggs.com
Any reference to performance is historical in nature and no assumption about future performance should be made based on the past performance of any Anderson Griggs Investment Objective, individual account, or index.
For each separate account with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a separate account's monthly performance (no adjustment is made for management fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of the separate accounts in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is a weighted average of the fund's three-, five-, and 10-year (if applicable) Morningstar RatingTM metrics.
Anderson Griggs & Company, Inc., doing business as Anderson Griggs Portfolio Management is a registered investment adviser with the US Securities & Exchange Commission. Pursuant to laws and regulations Anderson Griggs also maintains notice filing with several individuals state regulators including North and South Carolina. Anderson Griggs only conducts business in states and locations where it is properly registered or meets state requirements for advisors. This commentary is for information purposes only and is not an offer of investment advice. We will only render advice after we deliver our Form ADV Part II to a client in an authorized jurisdiction and receive a properly executed investment Management Agreement. Any reference to performance is historical in nature and no assumption about future performance should be made based on the past performance of any Anderson Griggs Investment Objective, individual account, or index. The authors of publication are expressing general opinions and commentary. They are not attempting to provide legal, accounting, or specific advice to any individual concerning their personal situation. Anderson Griggs Portfolio Management's office is located at 113 E. Main St., Suite 310, Rock Hill, SC 29730. The local phone number is 803-324-5044 and nationally can be reached via its toll-free number 800-254-0874.