MADISON HEIGHTS, Mich., March 14, 2017 /PRNewswire/ -- At the
end of February, the BetterInvesting Top 100 Index (BIXX), reflecting the portfolios of Main Street investors, increased 13.4
percent annually for the previous five years, versus annual growth of 14.4 percent for the Standard & Poor's 500 Equal-Weight
Index (based on a total return for both indexes in which dividends are reinvested).
The index gained 3.0 percent from the end of January, the fourth consecutive monthly rise. BIXX's total return index ended
February at 382.19, compared with 371.11 at the end of January. Without dividends reinvested, the index was 291.78 at the end of
February, an annual increase of 11.4 percent for the past five years.
The BetterInvesting Top 100 Index comprises the most popular holdings of investment clubs, employing annual data from the
myICLUB.com online club accounting program. Solactive calculates the index, which began on April 9, 2007, at a base value of 150. BIXX is equal-weighted, meaning that each component constitutes the same
percentage in the index.
BIXX reflects actual portfolio decisions by individual investors in investment clubs, while other indexes are weighted heavily
toward decisions by large institutional investors. BetterInvesting's individual members and investment clubs tend to have a
longer-term focus than do institutions, with clubs' average holding period for stocks at 3.1 years in 2016, according to myICLUB.com data.
Holding quality stocks selling at reasonable prices for the long term allows clubs and individual investors to benefit from
the return these stocks often earn when the market recognizes their excellence. Long-term investing also reduces the costs of
trading, which effectively increases return.
In February, the most common stocks acquired by investment clubs that subscribe to club-accounting portal myICLUB, in terms of
number of clubs buying, were:
- Amazon.com (AMZN)
- Facebook (FB)
- Apple (AAPL)
- Visa (V)
- Gilead Sciences (GILD)
- CVS Health (CVS)
- Berkshire Hathaway (BRK.B)
- NVIDIA (NVDA)
- Bank of America (BAC)
- AT&T (T)
BIXX includes companies of all sizes, from small and medium-size firms to the world's largest companies. To see the top 100
companies held by BetterInvesting members, go to the BetterInvesting website at www.betterinvesting.org.
To track the performance of BIXX, go to the Solactive site: www.solactive.com/?s=betterinvesting+100.
About BetterInvesting
BetterInvesting is a national
nonprofit organization that has been empowering individual investors since 1951. Founded in Detroit, the association (formerly known as National Association of Investors Corporation) was borne out of
the conviction that anyone can become a successful long-term investor by following commonsense investing practices. BetterInvesting has helped more than 5 million
people become better, more informed investors by providing webinars, in-person events, easy-to-use online tools for analyzing
stocks and mutual funds, a monthly magazine and a community of volunteers and like-minded investors. For more information about
BetterInvesting, visit its website at
www.betterinvesting.org or call toll free
(877) 275-6242.
About ICLUBcentral
ICLUBcentral Inc. develops powerful, commonsense tools for investment clubs and independent investors, including
software products such as Toolkit 6, the StockCentral.com and EquityResearchService.com stock research sites, the
myICLUB.com club accounting service, MyStockProspector stock screen program and the SmallCap Informer and market-beating Investor Advisory Service newsletters. ICLUBcentral,
a wholly owned for-profit subsidiary of nonprofit investment education association BetterInvesting, has remained true to BetterInvesting's fundamental investing principles while
serving millions of individual investors striving for financial freedom. For more information, visit www.iclub.com.
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SOURCE BetterInvesting