Island Light Capital Profile Picture Investment Adviser

Island Light Capital

Island Light Capital

  • EducationHarvard University; Boston University
  • QualificationsBA Economics; Certificate in Financial Planning
  • Founded2012

Aggressive Portfolio

Island Light's Global ETF Portfolios are diversified across fixed income, global equity and real assets. Our Aggressive Portfolio has a 90% target global equity allocation.

We believe in the efficiency of markets and the power of intelligent diversification. As a result, we tend to select securities that track their indexes closely.

We seek asset classes that have long-term growth potential, such as emerging markets and U.S. small cap stocks.

Island Light also includes gold as an asset class for its unique risk characteristics and believe that it has a place in investors' portfolios.

Risk score

Risk Score 3
3
7.7%

Best 30 days

-9.9%

Worst 30 days

Performance

  • -5.2%
    30 day
  • -7.7%
    90 day
  • -6.7%
    365 day
    March 18, 2013
Monthly vs S&P500
Island Light Capital - Aggressive Portfolio Monthly vs S&P500
-9.0% 12 months
  • $20,000 investment min
  • Margin account required
  • 1% fee

Exposure

98.8%
  • Equity Fund

Top 5 securities View all

29.0%
18.9%
17.3%
9.1%
9.0%

Portfolio commentary

  1. Time to invest in consumer and technology stocks

    10 August 2015

    We moved out of utilities and into consumer and tech plays.

  2. All you need to know about the global economy 21 July 2015
  3. Upping our exposure to technology and utilities 15 May 2015
  4. Portfolio additions: consumers, financials and healthcare 18 April 2015
  5. India steps out of China’s shadow 30 March 2015

show more


Performance detail

  • Manager (net of fees)
  • Dow Jones Moderately Aggressive

Performance

Covestor inception March 18, 2013

as of August 27, 2015 Manager (net of fees) Dow Jones Moderately Aggressive S&P 500
Past 30 days -5.2% -4.0% -4.8%
Past 90 days -7.7% -6.4% -5.2%
Past 365 days -6.7% -3.5% 1.4%
Since Covestor inception (Annualized) 3.6% 6.8% 13.0%
2015 (YTD) -4.4% -2.3% -2.1%
2014 4.7% 5.9% 13.7%

Risk metrics

Last 365 days

as of August 27, 2015 Manager (net of fees) Dow Jones Moderately Aggressive S&P 500
Best 30 days 6.7% 5.9% 9.7%
Worst 30 days -9.9% -7.4% -10.0%
Volatility 13.4% 9.3% 14.2%
Sharpe Ratio - 0.51 - 0.38 0.10
Sortino Ratio - 0.68 - 0.48 0.14
Maximum Drawdown -14.1% -10.6% -12.0%
Value-at-risk (95%, 1 week) -3.1% -2.1% -3.3%
vs. Dow Jones Moderately Aggressive vs. S&P 500
Information Ratio - 0.47 - 2.03
Alpha -2.1% -8.2%
Beta 1.25 0.90
R-Squared 0.75 0.92
  • $20,000 investment min
  • Margin account required
  • 1% fee

Latest transactions View all

Average trades per month 2.0
Executed Symbol Security Type Price
07/31/15 FV First Trust Dorsey Wright Focus 5 ETF Buy $25.24
07/31/15 IEMG iShares Core MSCI Emerging Markets ETF Buy $44.82
07/31/15 IVW iShares S&P 500 Growth ETF Buy $118.07
07/31/15 IEFA iShares Core MSCI EAFE ETF Buy $59.21
07/31/15 IVE iShares S&P 500 Value ETF Buy $92.72
07/31/15 VPL Vanguard FTSE Pacific ETF Sell $60.62
07/31/15 MLPI ETRACS Alerian MLP Infrastructure Index ETN Sell $34.22
07/31/15 VSS Vanguard FTSE All World ex-US Small-Cap ETF Sell $98.76

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. Benchmarks presented are total return and therefore inclusive of cash, dividends and earnings distributions but not transaction costs. 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.