Large Cap Balanced Commentary 2Q24
6-30-24
MARKET OVERVIEW:
The Congress Balanced Portfolio (“the Portfolio”) returned 2.5% (net of fees) vs 2.8% for the blended 60% S&P 500 / 40% Bloomberg Intermediate Gov/Credit Index (“the Index”).
We believe our Balanced strategy offers an attractive alternative to the S&P 500. Since inception, the Portfolio has provided 81% of the return of the S&P 500 with only 66% of the volatility (net of fees).
