Navigator Allocation – 50% to 70% Equity

Navigator Accounts: Allocation

Summary

The Navigator Allocation—50% to 70% Equity Account strives for both income and capital appreciation by investing in multiple asset classes, including stocks, bonds, and cash. The account is automatically balanced each quarter to ensure correct proportion of assets. The account invests primarily in domestic holdings and has equity exposures between 50% and 70%. The remaining amount is investing in short to mid-term fixed-income products (U.S. Government bills, notes, bonds). Dividends are automatically reinvested.

Benchmark: S&P Dynamic Tactical Allocation Index

Core Facts

Asset Class Allocation
Category Allocation – 50% to 70% Equity
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.30%
Minimum investment [4] $100,000 US
Account number ALL089
Account manager Galleon Wealth Management
Region Global
Market Developed

Capitalization

Value

Blend

Growth
LG
MD


SM


Style

Portfolio composition by security (top holdings)

Top Holdings

NameAverage RiskAverage VolatilityAverage Allocation
Explorer Large Cap Blend0.9 Moderately Aggressive4.8 High35%
Explorer Mid Cap Blend0.7 Moderately Aggressive3.3 Low15%
Explorer Small Cap Blend0.7 Moderately Aggressive5.3 High20%
Citadel Intermediate Government-1.8 Very Low1 Low30%

Overall Risk

The risk rating is based on the account’s past performance as compared to mutual funds and/or ETFs within the same category. It represents a starting point from which investors evaluate if the core makes sense for their own risk tolerance, suitability, goals and objectives. It is not a buy or sell recommendation. There are many types of risk, including interest rate, market, political, and currency. Each type of risk can affect the value of the securities in your account.

Overview       
Start Date1/1/15
End Date12/31/19
Initial Balance$100,000
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkSPDR S&P 500 ETF Trust
Portfolio Performance
MetricNavigator Allocation Ð 50% to 70% EquitySPDR S&P 500 ETF Trust
Start Balance$100,000 $100,000
End Balance$250,779 $172,850
End Balance (inflation adjusted)$229,152 $157,943
CAGR20.19%11.57%
CAGR (inflation adjusted)18.04%9.57%
Stdev9.80%11.94%
Best Year44.07%31.22%
Worst Year7.41%-4.56%
Max. Drawdown-9.02%-13.52%
Sharpe Ratio1.840.89
Sortino Ratio3.761.4
US Stock Market Correlation0.921
Risk and Return Metrics
MetricNavigator Allocation Ð 50% to 70% EquitySPDR S&P 500 ETF Trust
Arithmetic Mean (monthly)1.58%0.97%
Arithmetic Mean (annualized)20.74%12.35%
Geometric Mean (monthly)1.54%0.92%
Geometric Mean (annualized)20.19%11.57%
Volatility (monthly)2.83%3.45%
Volatility (annualized)9.80%11.94%
Downside Deviation (monthly)1.34%2.16%
Max. Drawdown-9.02%-13.52%
US Market Correlation0.921
Beta (*)0.741
Alpha (annualized)10.30%0.00%
R Squared82.02%100.00%
Sharpe Ratio1.840.89
Sortino Ratio3.761.4
Treynor Ratio (%)24.1610.66
Calmar Ratio2.841.12
Active Return8.62%N/A
Tracking Error5.17%N/A
Information Ratio1.67N/A
Skewness-0.28-0.5
Excess Kurtosis0.230.88
Historical Value-at-Risk (5%)-4.22%-6.36%
Analytical Value-at-Risk (5%)-3.07%-4.70%
Conditional Value-at-Risk (5%)-4.78%-7.36%
Upside Capture Ratio (%)110.52100
Downside Capture Ratio (%)52.69100
Safe Withdrawal Rate29.01%24.34%
Perpetual Withdrawal Rate15.28%8.74%
Positive Periods43 out of 60 (71.67%)45 out of 60 (75.00%)
Gain/Loss Ratio1.630.7
(*) SPDR S&P 500 ETF Trust is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Portfolio Returns Based Style Analysis
Style CategoryNavigator Allocation Ð 50% to 70% EquitySPDR S&P 500 ETF Trust
Large-cap Value0.00%46.53%
Large-cap Growth57.22%53.41%
Mid-cap Value0.00%0.00%
Mid-cap Growth0.00%0.00%
Small-cap Value0.00%0.01%
Small-cap Growth18.90%0.00%
Global ex-US Developed Markets0.00%0.00%
Emerging Markets0.00%0.00%
REITs0.00%0.00%
Corporate Bonds23.88%0.00%
Long-Term Treasuries0.00%0.00%
Intermediate-Term Treasuries0.00%0.04%
Short-Term Treasuries0.00%0.00%
R Squared84.01%99.96%
Style analysis is based on monthly returns from Jan 2015 to Dec 2019 and uses total portfolio return with monthly rebalancing. Returns based style analysis aims to explain the portfolio returns based on asset class exposures, it does not identify the actual portfolio holdings.
Asset Allocation
CategoryWeight
US Stocks68.76%
Intl Stocks1.06%
US Bonds27.64%
Intl Bonds2.03%
Other0.21%
Cash0.31%
Equity Market Capitalization
CategoryWeight
Large Cap68.51%
Mid Cap28.78%
Small Cap2.71%
Stock Sectors
CategoryWeight
Basic Materials3.04%
Consumer Cyclical28.89%
Financial Services8.27%
Real Estate0.07%
Consumer Defensive3.10%
Healthcare10.79%
Utilities4.44%
Communication Services0.04%
Energy0.75%
Industrials0.29%
Technology26.65%
Miscellaneous5.60%
Capital Goods8.08%
Fixed Income Credit Quality
CategoryWeight
AAA71.88%
AA3.14%
A10.57%
BBB14.40%
Non-Investment Grade0.00%
Not Rated0.00%
Fixed Income Maturity
CategoryWeight
Under 1 Year0.31%
1 - 3 Years13.69%
3 - 5 Years17.17%
5 - 7 Years22.53%
7 - 10 Years20.89%
10 - 15 Years1.98%
15 - 20 Years1.59%
20 - 30 Years18.32%
Over 30 Years3.52%
Drawdowns
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Sep-18Dec-184 monthsFeb-192 months6 months-9.02%
2Aug-15Sep-152 monthsNov-152 months4 months-5.40%
3Dec-15Jan-162 monthsMar-162 months4 months-4.61%
4May-19May-191 monthJun-191 month2 months-3.36%
5Feb-18Apr-183 monthsMay-181 month4 months-3.16%
6Sep-16Oct-162 monthsNov-161 month3 months-2.31%
7Jan-15Jan-151 monthFeb-151 month2 months-0.71%
8Jun-15Jun-151 monthJul-151 month2 months-0.31%
9Dec-17Dec-171 monthJan-181 month2 months-0.05%
10Mar-15Mar-151 monthApr-151 month2 months-0.02%
Rolling Returns
YearNavigator Allocation Ð 50% to 70% Equity 3-year annualized returnNavigator Allocation Ð 50% to 70% Equity 5-year annualized returnSPDR S&P 500 ETF Trust 3-year annualized returnSPDR S&P 500 ETF Trust 5-year annualized return
201717.46%N/A11.34%N/A
201817.36%N/A9.17%N/A
201925.65%20.19%15.08%11.57%

Disclosures

1. The expense ratio is the annual fee that all mutual funds or exchange-traded funds charge their shareholders. It expresses the percentage of assets deducted each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund. The expense ratio for all Galleon and iCore accounts equals zero. Accounts may hold funds that charge such fees.

2. Commissions are charged by our custodian for handling transactions. Neither Global Advisers nor any of its affiliates charge commissions.

3. Fees for Galleon and iCore accounts, which range from 0.00 to 0.04, may differ from other management fees.

4. The minimum investment is the amount required initially to open the account. It does not refer to balances that may drop below the minimum after the account has been opened and funded. Custodian may charge a monthly fee for investors with household assets less than $100,000.