The Apache 401k Plan made small changes last year; WACPX was replaced by PTTRX and FMAGX was replaced by FCNTX in the SEC 11-k report. The Balanced portfolio improved over last year to a 5yr APR = 5.13% with a Sharpe ratio of 1.38. The employee portfolio largest holding is still company stock APA at 38.9% of the portfolio, too much for a retiree in my opinion. Like most oil companies APA is down in 2011. All in all a good plan and a very good company stock.
No comments:
Post a Comment