During the second quarter, Blue Point’s model portfolio, applied to separately managed accounts returned 6.12% net-of-fees. The Total Return of the S&P 500, which includes dividends, was 4.28%. Blue Point’s active management outperformed the benchmark by 1.84%. Year-to-date, Blue Point has returned 11.43% net of fees, while the Total Return of the S&P 500 was 15.29%. Year-to-date Blue Point underperformed the benchmark by -3.86%, while maintaining 12.90% in cash.
Way Points Newsletter 2Q24
