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Latest Quarterly Report

January 7, 2022

 

REPORT FOR DECEMBER 31, 2021

IMS INCOME. The IMS Income program gained 4.0% during the year 2021 as measured by the Initial Account posted at the website www.imsadvisor.com. The gain compares to a 5.8% gain for the FastTrack All High-Yield average.

IMS Income was fully invested in high-yield bond mutual funds on December 31. The symbols of the funds held were SHIAX, EVIBX, NCOAX, BHYAX and DHOAX.

The 4.0% IMS Income gain compares favorably to other conservative investments: 0.5% for Jumbo CDs (ref. JCDI); 0.1% for the Money Market (Fidelity’s FDRXX);

1.2% for short-term bonds (Vanguard’s VBISX).

IMS GROWTH. IMS Growth gained 17.8% during the year 2021 as measured by the Initial Account posted at the website www.imsadvisor.com. The gain compares to a 26.9% gain for the S&P 500 Stock Market Index.

The IMS Growth defensive money market position was 10% on December 31.

The original Covid 19 virus, the Delta Variant and now the Omicron Variant have admittedly created a difficult environment for investment advisors during a surprisingly buoyant stock market. IMS Growth maintained an average cash position of nearly 25% throughout the year due to continual “imminent developments”, some of which materialized, but none of which significantly impacted the markets.

THE TWO COVID YEARS

IMS Income gained 12.7% in 2020 and 4.0% in 2021 for a total compounded gain of 17.2% for the two years. IMS Growth gained 21.7% in 2020 and 17.8% in 2021 for a compounded total gain of 43.4%.

This period has been frustrating for all. The IMS investment gains have been a bright spot.