Tuesday, August 23, 2011

Potash Corp. 401k (ESP) Plan PSDS Scan 12-31-2010




The Potash 401k Plan is dominated by company stock POT which has an incredible 5yr APR = 42.56% with a positive Sharpe ratio of 0.44. Last year it was "only" 32%. The Balanced portfolio invested 8.5% of the portfolio in the stock and the employees have over 1/3 of their portfolio in the stock. The 401k Plan trustee is Fidelity and the 2 largest holdings of the Balanced portfolio are FRTXX a money market fund and FFXSX a short-intermediate term governement bond fund. This is a good plan and an extraordinary company stock the last 5 years. Next year should be interesting.

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