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This is an overview of Cabot Money Management's Year-in-Review presentation given by portfolio manager, Les Satlow, at our Annual Investment Conference and Luncheon on Friday, September 24, 2010. (Salem, MA) These seminars are for discussion purposes only. It is not an offer to buy or sell individual securities or investments. Investors should consider their own individual investment objectives, risks, charges and expenses of their portfolio carefully before investing. Investments are not FDIC insured and may lose or fluctuate in value. Please request our Form ADV Part II for complete disclosures.
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CABOT’S 21ST ANNUAL INVESTMENT
CONFERENCE & LUNCHEON
Friday, September 24, 2010
CABOT’S YEAR IN REVIEW
Presented by: Les Satlow, CFA, Portfolio Manager
Fat Finger?
The 10-Year Treasury has
dropped from almost
4.0% to 2.5% in five
months.
In “normal” times (i.e. 2006), equity
inflows would be much stronger.
Fu
nd
Flo
ws
in $
mln
Dividends = 10-Year Treasury Yield
