Consolidated Returns as of 31 May 2023
Managing the Aggressive Global Income Portfolio with a yearly rebalancing, you would have obtained a 8.52% compound annual return in the last 30 Years.
With a quarterly rebalancing, over the same period, the return would have been 8.33%.
How do returns and drawdowns change, implementing different rebalancing strategies?
Rebalancing Strategies
In order to keep risk under control, you should rebalance assets quotes from time to time, so to keep them at the original percentage of the asset allocation.
At fixed time intervals:
- Yearly: Jan 1st
- Half Yearly: Jan 1st, Jul 1st
- Quarterly: Jan 1st, Apr 1st, Jul 1st, Oct 1st
Portfolio Returns as of May 31, 2023
Implementing different rebalancing strategies, the Aggressive Global Income Portfolio guaranteed the following returns.
Portfolio returns are calculated in USD, assuming:
- No fees or capital gain taxes
- the reinvestment of dividends, if existing
|
Return (%) and number of rebalances as of May 31, 2023
|
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Rebalancing Strategy | 1Y | 5Y(*) | 10Y(*) | 30Y(*) |
(**)Since Inception |
|||||
| Yearly Rebalancing | -5.52 | (1) | 3.38 | (5) | 5.25 | (10) | 8.52 | (30) | 10.87 | (45) |
| Half Yearly Rebalancing | -5.54 | (2) | 3.43 | (10) | 5.28 | (20) | 8.42 | (60) | 10.78 | (89) |
| Quarterly Rebalancing | -5.51 | (4) | 3.53 | (20) | 5.30 | (40) | 8.33 | (120) | 10.71 | (178) |
| 5% Tolerance per asset | -5.75 | (0) | 3.35 | (1) | 5.31 | (3) | 8.54 | (19) | 10.89 | (27) |
| 10% Tolerance per asset | -4.15 | (1) | 3.89 | (1) | 5.65 | (2) | 8.42 | (5) | 10.87 | (7) |
In order to have complete information about the portfolio, please refer to the Aggressive Global Income Portfolio: ETF allocation and returns page.
Performances as of May 31, 2023
Historical returns and stats of Aggressive Global Income Portfolio, after implementing different rebalancing strategies.
|
Standard Deviation
|
Max Drawdown (%)
|
|||||
|---|---|---|---|---|---|---|
| Rebalancing Strategy | (*)Return (%) | StDev(%) | Ret/StDev | MaxDD(%) | Ret/MaxDD | |
| Yearly Rebalancing | 10.87 | (45) | 14.03 | 0.78 | -52.63 | 0.21 |
| Half Yearly Rebalancing | 10.78 | (89) | 13.98 | 0.77 | -52.81 | 0.20 |
| Quarterly Rebalancing | 10.71 | (178) | 13.94 | 0.77 | -52.83 | 0.20 |
| 5% Tolerance per asset | 10.89 | (27) | 13.99 | 0.78 | -52.69 | 0.21 |
| 10% Tolerance per asset | 10.87 | (7) | 14.02 | 0.78 | -53.08 | 0.20 |
Drawdowns as of May 31, 2023
Historical Drawdowns of Aggressive Global Income Portfolio, after implementing different rebalancing strategies.
|
Rebalancing
|
Tolerance per asset
|
|||
|---|---|---|---|---|
| Yearly | Half Yearly | Quarterly | 5% | 10% |
|
-52.63
Nov 2007 - Apr 2011
|
-52.81
Nov 2007 - Apr 2011
|
-52.83
Nov 2007 - Apr 2011
|
-52.69
Nov 2007 - Apr 2011
|
-53.08
Nov 2007 - Sep 2012
|
|
-27.39
Mar 2000 - Dec 2003
|
-27.41
Mar 2000 - Dec 2003
|
-26.92
Mar 2000 - Dec 2003
|
-25.59
Mar 2000 - Dec 2003
|
-29.01
Mar 2000 - Jan 2004
|
|
-23.84
Jan 2020 - Feb 2021
|
-23.84
Jan 2020 - Feb 2021
|
-23.84
Jan 2020 - Feb 2021
|
-23.77
Jan 2020 - Feb 2021
|
-24.16
Jan 2020 - Feb 2021
|
|
-21.38
Sep 1987 - Jan 1989
|
-21.14
Sep 1987 - Dec 1988
|
-20.88
Sep 1987 - Dec 1988
|
-21.15
Sep 1987 - Dec 1988
|
-21.15
Sep 1987 - Jan 1989
|
|
-19.23
Jan 1990 - May 1991
|
-19.41
Jan 1990 - May 1991
|
-19.30
Jan 1990 - May 1991
|
-19.39
Jan 1990 - May 1991
|
-19.87
Jan 1990 - May 1991
|
| 5 Worst Drawdowns - Average | ||||
| -28.89 | -28.92 | -28.75 | -28.52 | -29.45 |
| 10 Worst Drawdowns - Average | ||||
| -22.02 | -22.03 | -21.96 | -21.90 | -21.55 |
For a deeper insight, please refer to the Aggressive Global Income Portfolio: ETF allocation and returns page.
