Index Freeloaders

Take a few minutes to read and smile while reading this article about freeloading index investors.  As passive investors, we need to be grateful for active investors.

Portfolio Performance: 25 February 2011

Photograph: Harvest in the Sacred Valley of Peru with Andes in the background.

Portfolio Performance

Since posting the last performance table, the February 25 update shows nearly all portfolios gaining ground on the benchmarks.  Several of the larger portfolios also exhibited an increase in both the Sortino and Retirement Ratios.  It seems as if the portfolios are structured to show relative improvement when there is above average volatility in the market.

Portfolio Performance - 02/25/2011

Portfolio Last Update Launch Date Tracking Tool Port. IRR ITA Index Diff Port. vs. ITA Index VTSMX IRR Diff. Port. vs. VTSMX Index IR SR RR
AA-Mosaic 01/31/2011 07/21/1999 Captool 2.6% NA NA -0.41% 3.01% 0.05 NA NA
Curie 02/25/2011 12/26/2007 TLH SS 5.8% -0.1% 5.9% 1.8% 4.0% NA 7.5 11.3
Mosaic2 01/31/2011 07/19/1999 Captool 4.95% NA NA -0.6% 5.55% 0.15 NA NA
Newton 02/25/2011 06/02/2008 TLH SS 10.5% 13.5% -3.1% 8.6% 1.9% NA 2.2 2.2
Passive Port. 01/31/2011 12/01/2000 Captool 5.12% NA NA 1.25% 3.87% 0.69 NA NA
Schrodinger 02/25/2011 12/01/2000 TLH SS 5.3% 5.8% -0.5% 3.3% 2.0% NA 3.8 3.8
Jane 01/31/2011 02/14/1997 Captool 9.20% NA NA 2.99% 6.21% 0.54 NA NA
Einstein 02/25/2011 06/30/2008 TLH SS 15.7% 19.0% -3.3% 12.7% 3.0% NA 4.2 4.2
Gauss 01/31/2011 02/19/1997 Captool 9.3% NA NA 2.96% 6.34% 0.22 NA NA
Kepler 02/25/2011 11/01/2008 TLH SS 21.3% 24.2% -2.9% 21.2% 0.1% NA 0.0 0.0
Scrappy 01/31/2011 08/14/2008 Captool 12.85% NA NA 5.6% 7.25% NA NA NA
Bohr 02/25/2011 08/14/2008 TLH SS 13.4% 14.1% -0.6% 6.8% 6.7% NA 0.9 0.9
Kenilworth 02/25/2011 08/18/2010 TLH SS 28.7% 34.1% -5.4% 46.1% -17.4% NA -0.1* -0.1*
Projects 01/31/2011 12/01/2000 Captool 5.6% NA NA 0.02% 5.58% 1.32 NA NA
Washington 01/31/2011 06/18/1999 Captool 3.13% NA NA -0.19% 3.32% 0.28 NA NA
Maxwell 02/25/2011 12/25/2000 TLH SS 1.0% 11.1% -10.1% 4.8% -3.8% NA -0.2 -0.2
Adams 01/31/2011 06/18/1999 Captool 3.39% NA NA -0.19% 3.58% 0.71 NA NA
Euclid 02/25/2011 06/30/1999 TLH SS 1.7% 9.4% -7.7% 4.9% -3.3% NA -0.2 -0.2
Jefferson 01/31/2011 03/13/2008 Captool 5.62% NA NA -3.21% 8.83% NA NA NA
Madison 02/25/2011 03/13/2008 TLH SS 6.0% 4.6% 1.4% 11.2% -5.2% NA -0.3 -0.3

Kepler Portfolio Update

Kepler Portfolio Monitoring

Over the past few weeks I've concentrated on bringing a number of the portfolios back into balance.  The Kepler Portfolio is one that demanded a lot of attention and activity over this last week resulted in several asset classes coming back within the Threshold of 25%.  Check the Kepler Dashboard below.

The owner of this portfolio is beginning to add a little cash each month so I am not as concerned about the Small-Cap Blend (or Core) asset class being above target.  That will smooth out over time as we bring the three under target classes into balance.  Of major concern right now is Emerging Markets.  One hundred shares will pull that asset class back into balance.

Platinum members will note the Kepler once more pulled slightly ahead of the VTSMX benchmark.  This lead could be temporary, but it is a move in the right direction.

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