Q. Who will I talk with about my account?
A. Interacting with our clients is a daily activity for everyone at our firm. As the need arises, all of our professionals are available and ready to assis you.
Q. How much trading will you do in my account?
A. We are long-term investors and as such do not jump in and out of positions. Our average turnover is approximately 10-20% a year.
Q. What type of information will I receive about my account?
A. We will send you a quarterly package containing our view on the markets, your current holdings and the performance of your account. From your custodial firm, you will receive monthly statements detailing all activity in your account and trade confirmations every time we buy or sell. And from the companies we invest in, you will receive quarterly and annual reports.
Q. Will my money be invested all at one time?
A. We rigorously adhere to our approach in selecting investments, so your money will be invested gradually, as opportunities become available in the markets.
Q. What will you do with the investments currently held in my account?
A. Unless otherwise directed, we will evaluate the merits of each investment based on your investment objectives. If we feel it is not in your best interest to hold, we will liquidate the position.
Q. Is there a minimum amount of time that I am required to work with Fruth Investment Management?
A. There is no obligation with regards to staying with us. We believe, however, that evaluation of our services should be over a full market cycle (typically three to five years).
