Beacon Global Real Estate

Beacon Accounts: Sector

Summary

The Beacon Global Real Estate Account invests primarily in non-U.S. real estate securities, but it may also invest in U.S. real estate securities. The types of securities held in the portfolio may include debt and equity securities, convertible securities, securities issued by real estate investment trusts and REIT-like entities. The portfolio manager may also invest in real estate operating companies. For qualified clients, the account may also invest directly in international (non-U.S.) commercial real estate.

Benchmark: S&P Global 1200

Core Facts

Asset Class Sector
Category Global Real Estate
Expense Ratio [1] 0.0%
Commissions [2] 0.0%
Fee [3] 0.40%
Minimum investment [4] $1000 US
Account number B033
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
Daiwa House Industry Co.,Ltd.3.21%---
Mitsubishi Estate Co., Ltd.1.42%23.420.4839.42
Sumitomo Realty & Development Co., Ltd.0.85%---
Mitsui Fudosan Co., Ltd.1.60%---
Goodman Group2.23%10.360.5425.98
LEG Immobilien AG3.24%111.036.0018.08
Gecina SA3.39%150.906.2226.56
SEGRO Plc2.17%719.3124.380.36
Vonovia SE2.94%47.842.3021.28
Digital Realty Trust, Inc.3.64%134.121.6373.85
AvalonBay Communities, Inc.2.95%227.535.0940.95
Prologis, Inc.2.38%95.401.5159.23

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 Date1/1/14
End Date12/31/19
Initial Balance$10,000.00
Periodic AdjustmentNone
RebalancingRebalance quarterly
Reinvest DividendsYes
BenchmarkSPDR Dow Jones Global Real Estate ETF
Portfolio Performance
MetricBeacon Global Real EstateSPDR Dow Jones Global Real Estate ETF
Start Balance$10,000.00$10,000.00
End Balance$17,460.00$15,216.00
End Balance (inflation adjusted)$15,835.00$13,799.00
CAGR9.73%7.25%
CAGR (inflation adjusted)7.96%5.51%
Stdev11.25%11.39%
Best Year24.59%20.60%
Worst Year-7.09%-5.99%
Max. Drawdown-9.82%-11.84%
Sharpe Ratio0.810.59
Sortino Ratio1.360.99
US Stock Market Correlation0.640.59
Risk and Return Metrics
MetricBeacon Global Real EstateSPDR Dow Jones Global Real Estate ETF
Arithmetic Mean (monthly)0.83%0.64%
Arithmetic Mean (annualized)10.41%7.92%
Geometric Mean (monthly)0.78%0.58%
Geometric Mean (annualized)9.73%7.25%
Volatility (monthly)3.25%3.29%
Volatility (annualized)11.25%11.39%
Downside Deviation (monthly)1.89%1.95%
Max. Drawdown-9.82%-11.84%
US Market Correlation0.640.59
Beta (*)0.931
Alpha (annualized)2.83%0.00%
R Squared88.70%100.00%
Sharpe Ratio0.810.59
Sortino Ratio1.360.99
Treynor Ratio (%)9.756.77
Calmar Ratio1.330.88
Active Return2.49%N/A
Tracking Error3.87%N/A
Information Ratio0.64N/A
Skewness0.140.23
Excess Kurtosis1.481.28
Historical Value-at-Risk (5%)-5.35%-6.14%
Analytical Value-at-Risk (5%)-4.48%-4.77%
Conditional Value-at-Risk (5%)-6.31%-6.40%
Upside Capture Ratio (%)97.4100
Downside Capture Ratio (%)76.36100
Safe Withdrawal Rate21.42%20.43%
Perpetual Withdrawal Rate7.38%5.23%
Positive Periods48 out of 72 (66.67%)45 out of 72 (62.50%)
Gain/Loss Ratio1.011.02
(*) SPDR Dow Jones Global Real Estate ETF is used as the benchmark for calculations. Value-at-risk metrics are based on monthly values.
Portfolio Returns Based Style Analysis
Style CategoryBeacon Global Real EstateSPDR Dow Jones Global Real Estate ETF
Large-cap Value0.00%0.00%
Large-cap Growth0.00%0.00%
Mid-cap Value0.00%0.00%
Mid-cap Growth0.00%0.00%
Small-cap Value0.00%0.00%
Small-cap Growth0.00%0.00%
Global ex-US Developed Markets23.32%17.40%
Emerging Markets20.95%7.56%
REITs49.70%70.11%
Corporate Bonds0.00%0.00%
Long-Term Treasuries6.04%1.11%
Intermediate-Term Treasuries0.00%0.00%
Short-Term Treasuries0.00%3.83%
R Squared91.81%96.19%
Style analysis is based on monthly returns from Jan 2014 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 Stocks37.29%
Intl Stocks60.94%
US Bonds0.00%
Intl Bonds0.00%
Other1.02%
Cash0.76%
Equity Market Capitalization
CategoryWeight
Large Cap57.48%
Mid Cap32.46%
Small Cap10.06%
Stock Sectors
CategoryWeight
Basic Materials0.00%
Consumer Cyclical27.98%
Financial Services0.07%
Real Estate71.73%
Consumer Defensive0.00%
Healthcare0.00%
Utilities0.00%
Communication Services0.00%
Energy0.00%
Industrials0.22%
Technology0.00%
Fixed Income Maturity
CategoryWeight
Under 1 Year47.24%
1 - 3 Years0.00%
3 - 5 Years52.76%
5 - 7 Years0.00%
7 - 10 Years0.00%
10 - 15 Years0.00%
15 - 20 Years0.00%
20 - 30 Years0.00%
Over 30 Years0.00%
Drawdowns
RankStartEndLengthRecovery ByRecovery TimeUnderwater PeriodDrawdown
1Aug-16Nov-164 monthsApr-175 months9 months-9.82%
2Feb-18Dec-1811 monthsJan-191 month1 year-8.79%
3Mar-15Aug-156 monthsMar-167 months1 year 1 month-7.26%
4Sep-14Sep-141 monthNov-142 months3 months-6.23%
5Apr-19May-192 monthsJun-191 month3 months-1.76%
6Jan-14Jan-141 monthFeb-141 month2 months-1.49%
7Jul-19Jul-191 monthAug-191 month2 months-1.03%
8Dec-14Dec-141 monthJan-151 month2 months-0.98%
9Nov-19Nov-191 monthDec-191 month2 months-0.38%
10Sep-17Sep-171 monthOct-171 month2 months-0.30%
Rolling Returns
YearBeacon Global Real Estate 3-year annualized returnBeacon Global Real Estate 5-year annualized returnSPDR Dow Jones Global Real Estate ETF 3-year annualized returnSPDR Dow Jones Global Real Estate ETF 5-year annualized return
20167.79%N/A7.58%N/A
20179.69%N/A4.19%N/A
20185.81%6.98%1.73%4.76%
201911.71%8.85%6.91%5.10%