Core Financial Allocation
Autor: Caleb Miller • November 6, 2016 • Essay • 542 Words (3 Pages) • 613 Views
Group 3 Presentation.
ϖ Major focus for screening
Trey
Daniel
Trevor
Ryan
Dividend yield exp. 1.94% for the entire port
APO with 16% div
Beta .94
ϖ Core Allocation
55% Core
VOO 30%
IJR 20%
Small S&P 600
Up and coming companies with highest possible growth
Small blend, good sector diversification
16 billion in assets
the “Future index”
Chose for the expense ratio, lowest they could find with consistent performance
Nikkei NKY 5%
Top 225 best companies in Japan
Well diversified
On a total return basis the S&P outperforms until quant easing
Once Japan started QE they beat the S&P 1m 3m 6m & YTD
45% Sat
ϖ PFE
o Great in pharmaceuticals
o Good pe
o Low DE
o Safer for this sector
o 10% last 12m
o lots of growth in the pipeline
o might beat the S&P soon
ϖ LUV
o Great EBITDA growth
o Undervalued right now EBIT to EBITDA is low
o PE is at the average
o LUV has locked in fuel prices and can shrink their CAPEX in future years
ϖ APO
o Private equity in new york
o Compared to Blackstone they underperform in some financial areas, but they have EBIT to EBITDA where it is wanted for financials
o Debt is very cheap and they are a very good performer in this sector
o A stretch play
o 16%
...