Voyager Miscellaneous Region

Voyager Accounts: International Equity

Summary

The Voyager Miscellaneous Region Account invests in countries or smaller regions that exhibit a strong current or future economy, but are not part of the traditional economic powerhouses, such as the U.S., China, India, or Europe. The portfolio manager has a narrow geographical range, and focuses on achieving long-term capital appreciation vs. current income.

Benchmark: S&P Emerging LargeCap (USD)

Core Facts

Asset Class International Equity
Category Miscellaneous Region
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.40%
Minimum investment [4] $1000 US
Account number IE108
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
Samsung Electronics Co., Ltd.2.31%54,903.00--
Public Joint Stock Company Gazprom Neft7.54%---
ASML Holding N.V.0.78%294.258.9833.41
Enel SpA4.19%---
NASPERS LTD. Registered Shares----
Credicorp Ltd.2.78%259.6218.5611.68
Hellenic Telecommunications Organization S.A.----
Enel Americas S.A.3.28%148.4311.2615.19
Check Point Software Technologies Ltd.-118.416.4517.64
Bancolombia S.A.2.21%57.094.8911.24

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 Date1/1/17
End Date12/31/19
Initial Balance$10,000
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkiShares MSCI ACWI ex US ETF
Portfolio Performance
MetricVoyager Miscellaneous RegioniShares MSCI ACWI ex US ETF
Start Balance$10,000 $10,000
End Balance$16,443 $13,252
End Balance (inflation adjusted)$15,448 $12,451
CAGR18.03%9.84%
CAGR (inflation adjusted)15.60%7.58%
Stdev16.41%11.50%
Best Year33.85%27.22%
Worst Year-3.34%-13.94%
Max. Drawdown-14.25%-18.40%
Sharpe Ratio0.990.73
Sortino Ratio1.971.09
US Stock Market Correlation0.560.82
Risk and Return Metrics
MetricVoyager Miscellaneous RegioniShares MSCI ACWI ex US ETF
Arithmetic Mean (monthly)1.50%0.84%
Arithmetic Mean (annualized)19.53%10.55%
Geometric Mean (monthly)1.39%0.79%
Geometric Mean (annualized)18.03%9.84%
Volatility (monthly)4.74%3.32%
Volatility (annualized)16.41%11.50%
Downside Deviation (monthly)2.31%2.15%
Max. Drawdown-14.25%-18.40%
US Market Correlation0.560.82
Beta (*)1.211
Alpha (annualized)5.76%0.00%
R Squared72.19%100.00%
Sharpe Ratio0.990.73
Sortino Ratio1.971.09
Treynor Ratio (%)13.488.45
Calmar Ratio1.260.53
Active Return8.19%N/A
Tracking Error9.00%N/A
Information Ratio0.91N/A
Skewness0.32-0.66
Excess Kurtosis-0.330.63
Historical Value-at-Risk (5%)-6.20%-5.97%
Analytical Value-at-Risk (5%)-6.25%-4.62%
Conditional Value-at-Risk (5%)-6.84%-7.97%
Upside Capture Ratio (%)137.94100
Downside Capture Ratio (%)98.52100
Safe Withdrawal Rate45.16%39.12%
Perpetual Withdrawal Rate13.49%7.05%
Positive Periods22 out of 36 (61.11%)26 out of 36 (72.22%)
Gain/Loss Ratio1.420.72
(*) iShares MSCI ACWI ex US ETF is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Portfolio Returns Based Style Analysis
Style CategoryVoyager Miscellaneous RegioniShares MSCI ACWI ex US ETF
Large-cap Value0.00%0.00%
Large-cap Growth0.00%0.00%
Mid-cap Value0.00%1.53%
Mid-cap Growth0.00%0.00%
Small-cap Value0.00%1.58%
Small-cap Growth0.00%0.00%
Global ex-US Developed Markets4.20%73.97%
Emerging Markets95.80%22.55%
REITs0.00%0.00%
Corporate Bonds0.00%0.37%
Long-Term Treasuries0.00%0.00%
Intermediate-Term Treasuries0.00%0.00%
Short-Term Treasuries0.00%0.00%
R Squared79.71%99.72%
Style analysis is based on monthly returns from Jan 2017 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 Stocks16.66%
Intl Stocks83.34%
US Bonds0.00%
Intl Bonds0.00%
Other0.00%
Cash0.00%
Equity Market Capitalization
CategoryWeight
Large Cap100.00%
Mid Cap0.00%
Small Cap0.00%
Stock Sectors
CategoryWeight
Basic Materials0.00%
Consumer Cyclical0.00%
Financial Services33.36%
Real Estate0.00%
Consumer Defensive0.00%
Healthcare0.00%
Utilities33.32%
Communication Services0.00%
Energy0.00%
Industrials0.00%
Technology33.32%
Drawdowns
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Feb-18Oct-189 monthsMar-195 months1 year 2 months-14.25%
2May-19May-191 monthOct-195 months6 months-6.84%
3Oct-17Nov-172 monthsJan-182 months4 months-5.12%
4Apr-17Apr-171 monthMay-171 month2 months-1.39%
5Nov-19Nov-191 monthDec-191 month2 months-1.30%