Analytic Investment Profile Picture Investment Adviser

Analytic Investment

Investment Advisor,Analytic Investment

  • EducationUniversity of Southern California; NTHU, Taiwan
  • QualificationsMS Computer Engineering, BSEE/BSPME
  • Founded2007

Focus Growth


  • Asset class Equity
  • Strategy Stock selection
  • Specialist focus Large cap
The Focus Growth portfolio seeks to capture equity mispricing opportunities in large cap stocks. Hengfu uses computer algorithms to measure relative valuations according to many growth factors. The Focus Growth portfolio is long only; it does not use margin or trade leveraged or inverse ETFs.
Manager Hengfu Hsu’s computer algorithm-based strategy attempts to take advantage of stocks that may be mispriced. It seeks to repeatedly buy the stocks that his research suggests are undervalued and sell the ones that are considered to be overvalued.
Hengfu seeks to find stocks with strong earnings and sales growth, favorable p/e/g ratios, high operating margins, low debt-to-equity, consistent free cash and relative price strength.

Hengfu’s computer algorithm-based strategy attempts to take advantage of stocks that may be mispriced. It seeks to buy the stocks that his research suggests are undervalued and sell the ones that he considers to be overvalued.
Individual stock weightings in the portfolio are calculated based on price appreciation potential.
Positions are sold or reduced when stocks become more expensive relative to other stocks based on several growth factors. They then are replaced with stocks of cheaper valuations.
None.

Performance

0.0%

Month to date

MTD

2.7%

Quarter to date

QTD

1.7%

Year to date

YTD

Quarterly vs S&P500

Quarterly vs S&P500

Risk score

  • 19.3%

    Best quarter

  • -7.0%

    Worst quarter

  • $60,000 investment min
  • 1.5% fee
  • Required: Margin account

Performance detail

  • Manager (net of fees )

Exposure

36.6%
24.5%
18.2%
14.0%
2.3%
  • Consumer, Non-cyclical
  • Technology
  • Communications
  • Consumer, Cyclical
  • Industrial

Holdings are only visible to invested clients.

If you'd like to discuss this portfolio, contact client relations at 1.866.825.3005.

Portfolio commentary

Performance Portfolio inception September 01, 2011

as of June 23, 2016 Manager (net of fees ) S&P 500
Month-to-date 0.0% 0.8%
Quarter-to-date 2.7% 2.6%
Last 365 Days -1.2% 0.2%
Since inception (Annualized) 20.3% 12.4%
2016 (YTD) 1.7% 3.4%
2015 0.8% -0.7%
2014 21.5% 11.4%
2013 54.2% 29.6%
2012 21.2% 13.4%

Risk metrics Last 365 days

as of June 23, 2016 Manager (net of fees ) S&P 500
Volatility 16.7% 16.7%
Sharpe Ratio - 0.09 - 0.01
Sortino Ratio - 0.12 - 0.01
Maximum Drawdown -14.8% -14.1%
Value-at-risk (95%, 1 week) -3.9% -3.9%
vs. S&P 500
Information Ratio - 0.24
Alpha -1.3%
Beta 0.94
R-Squared 0.88

Latest transactions

Transactions are only visible to invested clients.

If you'd like to discuss this portfolio,
contact client relations at 1.866.825.3005.



Important Information

  1. Past performance is no guarantee of future results.
  2. Performance of the Portfolio Manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions and broker commissions. Manager returns include trades and positions that fail Covestor's trading rules, as a result, actual client returns will differ. Covestor advisory fees are simulated and applied retro-actively to present the portfolio return "net-of-fees".
  3. Average client returns are calculated by Covestor and are composed of the asset-weighted average returns of all active client investments (some of which may contain investment restrictions) to the underlying portfolio. These daily average returns are then linked together for the timeframe presented. These returns include cash, dividends, earnings distributions, brokerage commissions and Covestor advisory fees.
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Covestor, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.
  5. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. Variables such as corporate actions or foreign exchange may affect daily performance displays. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Covestor nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  6. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations. More
  7. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.
  8. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Portfolio Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Portfolio classifications are provided by Covestor, and are intended to serve as a general guide.
  9. Not all transactions listed will appear in your account due to Covestor's trading rules and individual client constraints. Eligibility of these securities is monitored periodically, and may change over time. Actual client investment holdings may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. For certain portfolios we use an investable ETF as a benchmark, in these cases returns include management fees, transaction costs and expenses.
  11. This portfolio uses short selling. Short selling is more complex than simply owning securities, involves a high degree of risk, is highly speculative, and is not suitable for all investors. The risk of loss associated with short selling is virtually unlimited. Short selling may also involve additional expenses and risks, including hard-to-borrow stock charges and buy-in risk. You should only select a portfolio using short selling if you are comfortable with the level of risk involved in short selling.
  12. This portfolio uses borrowed funds or leverage to fund investments. Leverage involves a high degree of risk, is highly speculative, and is not suitable for all investors. Leverage increases both the amount you may lose and the amount you may make in a portfolio, leading to higher returns in the case of favorable market movements but also larger losses under adverse market conditions. You may also incur additional expenses associated with borrowing funds. You should only select a portfolio using leverage if you are comfortable with the level of risk involved in using leverage.