Island Light Capital Profile Picture Investment Adviser

Island Light Capital

Island Light Capital

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

Balanced Portfolio

Enlightened Investing is a stable approach to portfolio management, emphasizing quantitative principles and proven investment practices, while accentuating asset allocation as the most important determinant of long term success in investment planning.

Island Light's Global ETF Balanced Portfolio is optimally diversified across major asset classes of fixed income, global equity and alternative assets.  The Island Light Capital Balanced ETF Portfolio is designed for long term investors seeking current income and some potential for long term capital growth. The Portfolio is targeted to a benchmark allocation of 60% global equities and 40% fixed income investments.

Risk score

Risk Score 2

Best 30 days


Worst 30 days


  • 0.1%
    30 day
  • 2.0%
    90 day
  • -2.4%
    365 day
    January 26, 2012
Monthly vs S&P500
Island Light Capital - Balanced Portfolio Monthly vs S&P500
-6.7% 12 months

Pre-investment approval required. Contact or call 866.825.3005 x1.

  • $20,000 investment min
  • Margin account required
  • 1% fee


  • Equity Fund
  • Debt Fund
  • Fixed Income Fund

Top 5 securities View all


Portfolio commentary

  1. Why the US bull market still has legs

    28 October 2015

    Recent correction is a temporary setback to bull market rally.

  2. Why we're shifting to utilities and consumer staples 8 September 2015
  3. Rethinking our inflation outlook amid market volatility 1 September 2015
  4. Time to invest in consumer and technology stocks 10 August 2015
  5. All you need to know about the global economy 21 July 2015

show more

Performance detail

  • Manager (net of fees)
  • Dow Jones Moderate


Covestor inception January 26, 2012

as of November 25, 2015 Manager (net of fees) Dow Jones Moderate S&P 500
Past 30 days 0.1% -0.3% 1.1%
Past 90 days 2.0% 1.9% 5.7%
Past 365 days -2.4% -0.4% 3.2%
Since Covestor inception (Annualized) 5.2% 6.9% 15.2%
2015 (YTD) -1.0% 0.3% 3.4%
2014 3.5% 5.4% 13.7%
2013 11.7% 14.4% 32.4%

Risk metrics

Last 365 days

as of November 25, 2015 Manager (net of fees) Dow Jones Moderate S&P 500
Best 30 days 6.6% 5.4% 11.2%
Worst 30 days -6.4% -4.9% -10.0%
Volatility 9.5% 6.9% 15.2%
Sharpe Ratio - 0.27 - 0.09 0.20
Sortino Ratio - 0.38 - 0.12 0.28
Maximum Drawdown -10.4% -8.4% -12.0%
Value-at-risk (95%, 1 week) -2.2% -1.6% -3.5%
vs. Dow Jones Moderate vs. S&P 500
Information Ratio - 0.41 - 0.85
Alpha -1.6% -4.5%
Beta 1.19 0.60
R-Squared 0.77 0.93

Pre-investment approval required. Contact or call 866.825.3005 x1.

  • $20,000 investment min
  • Margin account required
  • 1% fee

Latest transactions View all

Average trades per month 4.0
Executed Symbol Security Type Price
08/25/15 BND Vanguard Total Bond Market ETF Buy $81.86
08/25/15 TOTL SPDR Doubleline Total Return Tactical ETF Buy $49.55
08/25/15 VTIP Vanguard Short-Term Inflation-Protected Securities ETF Sell $48.27
08/25/15 VTIP Vanguard Short-Term Inflation-Protected Securities ETF Sell $48.29
08/03/15 IEMG iShares Core MSCI Emerging Markets ETF JDR Buy $44.05
08/03/15 VTIP Vanguard Short-Term Inflation-Protected Securities ETF Buy $48.54
08/03/15 VWO Vanguard FTSE Emerging Markets ETF Sell $37.58
08/03/15 BKLN PowerShares Senior Loan Portfolio Sell $23.66

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.