Personal Track Record
This is not an investment model
- It is a record of a member’s personal broker account as reported to Covestor
- It cannot be mirrored
Jan 19, 2010
Performance and Risk
Performance Summary (as at end of February 08, 2012)
| Inception June 25, 2007 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 13.35 | 4.41 |
| 3 month (%) | 10.27 | 4.76 |
| 1 year (%) | 8.56 | 2.09 |
| Annualized since inception (%) | 1.47 | 0.68 |
| Since inception (%) | 6.94 | n/a |
| Sharpe (annualized) | 0.04 | 0.01 |
| % of positive months | 55.36 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
-
LINE up for the gravy train July 02, 2007
Today LINE announced a huge purchase of natural gas resources from Dominion. The bulk of the purchases (about $2.05 billion) is being funded through private equity placements of about $1.5 billion (which has already been secured at about $31.25/ share). The rest of the pruchase will be funded through a line of credit. The company plans to use its new financial clout to refinance a lot of their debt at better rates. The advantage of the purchase is that it will allow the company to raise its......
-
Who's Afraid of Bird Flu? June 26, 2007
BCRX is probably going to be known as a bird flu company as a result of its drug peramivir. That being said, this company is not a one trick pony and it currently has Phase II and Pivotal trials for its cancer drug (leukemia) Fodosine. While these trials had some set backs earlier in the year, the company believes that 2008 should see some form of Fodosine going to market. For all of the news about Fodosine, however, this stock is going to be moved by bird flu headlines. RIght now we are in......
-
BAMstastkc stock to own June 25, 2007
Recently BAM has been receiving some notable press that has called it the next Berkshire. While that may or may not be true, it has generally returned over 20% a year. The stock price got a boost recently when it announced a 3:2 stock split, a spin-off of 40% of its infrastructure assets (which has not happened yet), and its push to be listed on the Euronext. Despite the spate of good news, the stock has been under pressure recently. I suspect that the interest rate concerns and sub-prime......
-
Infrastructure investment builds a solid portfolio June 25, 2007
The Macquarie Global Infrastructure Total Return Fund is a closed end mutual fund that invests in global infrastructure. Some of its top holdings include Charles de Gaulle Airport in Paris, Enbridge Energy, and Spark Infrstructure. By industry group its largest positions are in pipelines (25%), electricity and gas distribution (23%), electric utilities (15%), airports (9%), and toll roads (8%). Why would one want to invest in this closed end mutual fund? Barriers to entry. In the long-run,......
- Expertise 1-5 years
- Country United States
- State Louisiana
Follow investment models for free
Start FREE Trial - Create Mirroring AccountImportant Information
- Past performance is no guarantee of future results.
- Performance of a Personal Track Record is calculated by Covestor on a daily time-weighted basis of equity positions in the account provided by the member. It is exclusive of any commissions, fees, dividends, earnings distributions, and cash in the portfolio.
- Month to Date returns and Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
- All graph data is as of the end of day for the referenced period, unless otherwise specified.
- Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash, dividends and earnings distributions, or transaction costs. More
- All Personal Track Record information including personal data, profiles, strategies, commentary, and historical results outside of Covestor has been provided by the Member. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor.