Island Light Capital Profile Picture Investment Adviser

Island Light Capital

Island Light Capital

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

Conservative 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.

The Island Light Capital Global ETF Conservative Portfolio is optimally diversified across major asset classes of fixed income, global equity and alternative assets. The Island Light Capital Conservative ETF Portfolio is designed for long term investors seeking current income and long term asset protection. The Portfolio is targeted to a benchmark allocation of 80% fixed income investments and 20% global equities.

Risk score

Risk Score 1
1
2.9%

Best 30 days

-4.5%

Worst 30 days

Performance

  • -1.0%
    30 day
  • -1.2%
    90 day
  • 3.2%
    365 day
    December 06, 2012
Monthly vs S&P500
Island Light Capital - Conservative Portfolio Monthly vs S&P500
-14.7% 12 months
  • $20,000 investment min
  • Margin account required
  • 0.5% fee

Replicability

100.0%
  • Replicable

Top 5 securities View all

18.1%
15.9%
14.3%
11.2%
8.4%

Portfolio commentary

  1. Here are the sectors we're overweighting

    6 October 2014

  2. Why we increased our exposure to consumer staples 7 August 2014
  3. Looking into the past for clues about the future 11 July 2014
  4. Still bullish on consumer staples, industrials and tech 10 July 2014
  5. Introducing the Island Light Sector Rotation Portfolio 5 June 2014

show more


Performance detail

  • Manager (net of fees)
  • Dow Jones Conservative

Performance

Covestor inception December 06, 2012

as of October 20, 2014 Manager (net of fees) Dow Jones Conservative S&P 500
Past 30 days -1.0% 0.3% -5.2%
Past 90 days -1.2% -0.7% -3.5%
Past 365 days 3.2% 3.5% 11.4%
Since Covestor inception (Annualized) 2.4% 2.7% 19.7%
2014 (YTD) 2.3% 3.8% 4.7%
2013 2.3% 1.4% 32.4%

Risk metrics

Last 365 days

as of October 20, 2014 Manager (net of fees) Dow Jones Conservative S&P 500
Best 30 days 2.7% 1.4% 7.9%
Worst 30 days -1.7% -1.8% -6.7%
Volatility 3.6% 2.3% 10.7%
Sharpe Ratio 0.87 1.51 1.07
Sortino Ratio 1.22 2.23 1.36
Maximum Drawdown -2.4% -1.8% -7.3%
Value-at-risk (95%, 1 week) -0.8% -0.5% -2.5%
vs. Dow Jones Conservative vs. S&P 500
Information Ratio - 0.11 - 1.07
Alpha 0.4% -0.2%
Beta 0.81 0.30
R-Squared 0.27 0.79
  • $20,000 investment min
  • Margin account required
  • 0.5% fee

Latest transactions View all

Average trades per month 2.3
Executed Symbol Security Replicable Type Price
09/26/14 VTIP Vanguard Short-Term Inflation-Protected Securities ETF Yes Buy $49.42
09/26/14 STPZ PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Yes Sell $52.55
06/30/14 IWD iShares Russell 1000 Value ETF Yes Buy $101.39
06/30/14 VEA Vanguard FTSE Developed Markets ETF Yes Buy $42.54
06/30/14 IWF iShares Russell 1000 Growth ETF Yes Buy $91.07
06/30/14 STPZ PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund Yes Sell $53.59
06/30/14 RJI ELEMENTS Linked to the Rogers International Commodity Index - Total Return Yes Buy $8.59
06/30/14 JNK SPDR Barclays High Yield Bond ETF Yes Sell $41.71

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 average, time-weighted 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. Transactions that are marked as "Replicable" passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client investment trade activity may vary.
  10. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.