This was the most unusal scan I have seen in a long time. The Balanced portfolio loaded up on company stock, AMT, and put nothing in the money market fund. The stock has out performed everything, 5yr APR = 22.08%, and has a positive 5yr Sharpe ratio. In this case it was not by reducing volatility (the denominator) but by increasing the return (the numerator). It is a volatile stock and the employee portfolio put most of its money elsewhere. That is prudent for a retiree and even for young employees the Balanced portfolio has too much company stock in may opinion.
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