Lipman Hearne, Inc. Savings Plan & Trust
Performance
Help| Since: | QTD9/30/2020 | 1 Year5/3/2023 | Inception9/29/2013 |
|---|---|---|---|
| Portfolio | 16.10% | 12.67% | 99.95% |
| Target-Date 2030 | 18.36% | 13.98% | 89.12% |
| Difference | -2.26% | -1.31% | +10.82% |
Current Recommendations
(as of 9/30/2020)| NAME | TICKER | ALLOCATION | FEES | CATEGORY | QTD RETURN |
|---|---|---|---|---|---|
| Vanguard 500 Index Fund Admiral Class | VFIAX | 22% | 0.05% | U.S. Equities - Blend | 0.00% |
| Fidelity Low-Priced Stock Fund | FLPSX | 9% | 0.79% | U.S. Equities - Blend | 0.00% |
| Calvert U.S. Large Cap Core Responsible Index Fund Class I | CISIX | 17% | 0.21% | U.S. Equities - Blend | 0.00% |
| PIMCO Total Return Fund Institutional Class | PTTRX | 7% | 0.46% | Bonds | 0.00% |
| American Funds The Growth Fund of America Class R-6 | RGAGX | 9% | 0.34% | U.S. Equities - Growth | 0.00% |
| Vanguard Total International Stock Index Fund Admiral Shares | VTIAX | 13% | 0.14% | Global & Intl. Equity | 0.00% |
| MFS Value Fund Class R6 | MEIKX | 5% | 0.56% | U.S. Equities - Value | 0.00% |
| American Funds 2020 Target Date Retirement Fund Class R-5 | RECTX | 18% | 0% | U.S. Equities - Blend | 0.00% |
| Total Portfolio | 100% | 0.23% | 16.10% |
Diversification
(as of 9/30/2020) HelpRisk profile
(as of 9/30/2020) HelpFund's Risk
0%
(very low)
Help - Portfolio Return
This table presents the year-to-date, last 12 month, and since inception performance for you plan's Kivalia model portfolios taking our quarterly rebalancings into account.
Most retirement plans default participants into an age appropriate target date retirement fund. As such, the table compares each respective model against a similar-risk target date retirement fund. We's chosen the Vanguard series of funds based on their low expense ratios under the belief that they will likely have higher "net-of-fee" returns than competitors over time - and hence provide a higher hurdle for our models.
Specifically our free models are benchmarked as follows:
- Kivalia Conservative portfolio: Vanguard Target-Date 2020
- Kivalia Moderate portfolio: Vanguard Target-Date 2030
- Kivalia Aggressive portfolio: Vanguard Target-Date 2050
Help - Portfolio Potential Gain & Loss
Investing is about risk and return. Every investment comes with the possibility of a gain or a loss, and because risk is the measure of the magnitude of the fluctuation in your investment value, there is a direct correlation between your level of risk and how much you possibly can gain - or lose - with the investment.Commonly, we say that the higher the risk, the higher the possibility of larger gains, but similarly, the higher the possibility for large losses.
Given the risk calculated for your portfolio, this section shows the likelihood of the fluctuation of your portfolio value within a year. It shows your current balance, as well as the likely ranges within wich your balance is to fluctuate within the year.
Help - Diversification & Styles
Diversification is finance-speak for "don't put all your eggs in the same basket".
Along with understanding your risk, diversificatiion is one of the most important aspect of your investing strategy. Diversification is a technique that mixes a wide variety of investments and investment types within a portfolio.
To calculate your diversification, we look for:
- How many stocks, bonds, etc... you invest in
- How all these correlate (move with respect) to each other
Your diversification is expressed in percentage, from 0% (poor diversification) to 100% (very good diversification).
Style analysis provides you an idea of the investment style essentially by comparing the returns of this portfolio against the returns of 30 varying indices. It provides you with a better idea on what drives the performance of this portfolio.
Help - Portfolio Risk profile
This section shows your portfolio risk and a comparative scale of the typical risk level of several investment strategies so you know where you stand relative to the market. The risk is expressed in percentage, between 0% (no risk at all) to potentially more than 100% (extremely risky). Don't be fooled by the scale: 30% risk historically corresponds to a lot of risk...
While calculating the risk of an individual stock or bond is quite easy, calculating the risk of a portfolio comprised of several of such stocks and bonds can be quite difficult. The reason for this is that the risk of a portfolio of securities is not equal to the average of the risk of each individual securities. Rather, it is a subtle mix of their risk and correlation.
To calculate your portfolio risk, Kivalia uses a proprietary algorithm that employs the well established principles of the Modern Portfolio Theory. The very same type of risk modeling used by the professional investment management firms in their portfolio construction, analysis and rebalancing process.
