2013 Performance Report and Investment Outlook1

Year to date through September 30 2013, aggregate MCS client assets gained 2.41%. Stocks represented by the S&P 500 index turned in a very strong performance of 19.79%. Auxier advised stock portfolios gained 14.5% for the period. Auxier portfolios include domestic stocks, international stocks and cash which must be considered when comparing Auxier with the …

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