Voyager Foreign Small/Mid-Blend

Voyager Accounts: International Equity

Summary

The Voyager Foreign Small/Mid Blend Account invests in international stocks that are smaller as compared to other stocks. The portfolio manager primarily invest in stocks that fall in the bottom 30% of each economically integrated market (such as Europe or Asia ex-Japan). The account strives for long-term capital appreciation when neither growth nor value characteristics predominate. The account typically holds less than 20% of its assets in U.S. stocks.

Benchmark: S&P Developed Ex-U.S. SmallCap Select Index (USD)

Core Facts

Asset Class International Equity
Category Foreign Small/Mid-Blend
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.40%
Minimum investment [4] $1000 US
Account number IE102
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

Company NameForward Annual Div Yield1yr Target EstEPS Est Next YearForward P/E
Northern Star Resources Limited1.22%8.250.6219.81
Rightmove plc1.04%466.3119.550.34
Euronext N.V.2.00%60.273.6121.61
InterXion Holding N.V.-92.880.75119.52
Intermediate Capital Group plc3.01%1,304.0078.480.21
Bellway p.l.c.3.79%3,622.00452.390.09
LEG Immobilien AG3.24%111.036.0018.23
Howden Joinery Group Plc1.70%496.2734.440.20
Logansport Financial Corp.3.52%---
Tate & Lyle plc3.74%724.4452.050.15

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 Date1/1/19
End Date12/31/19
Initial Balance$10,000
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkiShares MSCI EAFE Small-Cap ETF
Portfolio Performance
MetricVoyager Foreign Small/Mid-BlendiShares MSCI EAFE Small-Cap ETF
Start Balance$10,000 $10,000
End Balance$12,709 $12,467
End Balance (inflation adjusted)$12,425 $12,188
CAGR27.09%24.67%
CAGR (inflation adjusted)24.25%21.88%
Stdev11.12%12.39%
Best Year27.09%24.67%
Worst Year27.09%24.67%
Max. Drawdown-3.87%-5.67%
Sharpe Ratio2.041.68
Sortino Ratio4.983.27
US Stock Market Correlation0.90.91
Risk and Return Metrics
MetricVoyager Foreign Small/Mid-BlendiShares MSCI EAFE Small-Cap ETF
Arithmetic Mean (monthly)2.06%1.91%
Arithmetic Mean (annualized)27.79%25.52%
Geometric Mean (monthly)2.02%1.85%
Geometric Mean (annualized)27.09%24.67%
Volatility (monthly)3.21%3.58%
Volatility (annualized)11.12%12.39%
Downside Deviation (monthly)1.23%1.76%
Max. Drawdown-3.87%-5.67%
US Market Correlation0.90.91
Beta (*)0.881
Alpha (annualized)4.58%0.00%
R Squared96.15%100.00%
Sharpe Ratio2.041.68
Sortino Ratio4.983.27
Treynor Ratio (%)25.7620.85
Active Return2.43%N/A
Tracking Error2.64%N/A
Information Ratio0.92N/A
Skewness-0.07-0.6
Excess Kurtosis0.530.92
Historical Value-at-Risk (5%)-3.87%-5.67%
Analytical Value-at-Risk (5%)-2.99%-3.97%
Conditional Value-at-Risk (5%)N/AN/A
Upside Capture Ratio (%)97.63100
Downside Capture Ratio (%)72.53100
Safe Withdrawal Rate100.00%100.00%
Perpetual Withdrawal Rate19.52%17.95%
Positive Periods9 out of 12 (75.00%)9 out of 12 (75.00%)
Gain/Loss Ratio1.631.2
(*) iShares MSCI EAFE Small-Cap ETF is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Asset Allocation
CategoryWeight
US Stocks0.87%
Intl Stocks98.67%
US Bonds0.00%
Intl Bonds0.00%
Other0.21%
Cash0.25%
Equity Market Capitalization
CategoryWeight
Large Cap2.33%
Mid Cap46.88%
Small Cap50.79%
Stock Sectors
CategoryWeight
Basic Materials8.48%
Consumer Cyclical12.94%
Financial Services7.92%
Real Estate7.65%
Consumer Defensive5.03%
Healthcare6.10%
Utilities1.84%
Communication Services3.78%
Energy3.06%
Industrials19.43%
Technology23.77%
Drawdowns
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1May-19May-191 monthSep-194 months5 months-3.87%