McLean Capital > Diamond Fund
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MCI211
Diamond Fund
NAV
$11.31
As of 01/30/2025
Since January 1, 2025
+4%
As of 01/30/2025
Management fees
0.7%
Overview
Type:
Number of positions:
(on average)
Management:
Management Fee:
North-American Equities
40-60
McLean Capital Committee
0.7% + taxes per year
Strategy
The Diamond Fund uses an index strategy which aims for long-term capital growth. It invests in shares of public companies that have enormous competitive advantages. The Diamond Fund replicates the Diamond Index. The Diamond Index is based on criteria that target companies that are part of the S&P 500 or the S&P/TSX, with abnormally high profit margins and returns on capital. Accounting data is cleaned to identify true sustainable profits and put all companies on the same scale in terms of their capitalization structure. All components have equal weighting.
Chart
Performance
The Diamond Fund has been available since August 2024. This fund replicates the Diamond Index.
Diamond Index Performance:
Date | Performance |
|---|---|
2024 | 27% |
Last 5 years (annualized) | 22% |
Last 10 years (annualized) | 21% |
Last 15 years (annualized) | 22% |
This is a stock index. Returns before August 31, 2024 do not represent the returns of an actual investment fund. They represent the unaudited returns of a stock market index created by McLean Capital.
The S&P 500 index was created in 1968. We can still obtain its performance in the decades before 1968 because the S&P 500 is an index. Just like the S&P 500 index, it is therefore possible to obtain the returns of the Diamond Index before the creation of the Diamond Fund on August 31, 2024.
Exposure
This represents the geographic origin of the revenues of the companies that make up the Diamond Index. All Diamond Index companies are headquartered in North America. On the other hand, they make income all over the world.