The Profit-Based 100 is a new common fund created by Counsel Trust in York, Pennsylvania and sub-advised by GNI Capital. The fund is constructed in the same way as the index, with all investments made on a quantitative basis.
Creation of the fund was based on a 12-year analysis of an index composed of the 100 US companies with the largest quarterly profits. The analysis revealed these selections outperformed the S&P 500 by 67% cumulatively, and by 75% on a Sharpe ratio basis.
More information can be obtained by contacting Richard Evans at (914) 478-5962.