We have materially outperformed the market since our inception.
Equity Composite Performance Table (PDF, 83k)
Balanced Composite Performance Table (PDF, 22k)
Quarterly Morningstar Report –Equity (PDF, 94k)
Quarterly Morningstar Report – Balanced (PDF, 102k)
Performance
Performance Charts
Scharf Investments Equity and Balanced accounts have materially outperformed their relevant benchmarks for more than twenty years. Much of the outperformance has been generated in flat to down markets.
Morningstar Ratings
Scharf Investments is proud to announce that our Equity portfolio composite has received a five star rating from Morningstar, based on our 3, 5 and 10 year performance records. Our Balanced portfolio composite has received a four star rating from Morningstar, based on our 3, 5 and 10 year performance records. These results have been independently examined by Ashland Partners & Company, LLP, who provides GIPS Compliance and Verification Services*.
The highly coveted five star ratings place Scharf Investments ahead of 90% of all money management firms tracked by Morningstar in the categories in which Morningstar places our portfolio composites.
| Morningstar Rating™ | Overall | 3-Year | 5-Year | 10-Year |
|---|---|---|---|---|
| Scharf Investments Equity | ***** | ***** | ***** | ***** |
| Scharf Investments Balanced | **** | **** | **** | **** |
Morningstar is the largest independent research organization serving more than 5.2 million individual investors, 210,000 Financial Advisors, and 1,700 institutional clients around the world.
For each separate account with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a separate account’s monthly performance placing more emphasis on downward variations and rewarding consistent performance. The top 10% of separate accounts in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating™ for a separate account is derived from a weighted average of the performance figures associated with its three-, five- and ten-year Morningstar Rating™ metrics. The Scharf Equity composite was rated against the following numbers of U.S.-domiciled Large Blend separate accounts over the following time periods: 1704 separate accounts in the last three years, 1352 separate accounts in the last five years, and 678 separate accounts in the last 10 years. The Scharf Balanced composite was rated against the following numbers of U.S.-domiciled Large Blend separate accounts over the following time periods: 956 separate accounts in the last three years, 795 separate accounts in the last five years, 455 separate accounts in the last 10 years.
© 2008 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
* Compliance with the GIPS standards has been verified for the period January 1, 1997 through March 31, 2009 by Ashland Partners & Company, LLP. A copy of the verification report is available on the website or from Michael Allard or Eric Lynch at (831) 429-6513.