Clearbrook Capital Advisors

Undervalued Opportunities

Managed by Clearbrook Capital Advisors

Strategy:
Stocks
Management fee:
1.50%
Sharpe ratio:
4.95
Minimum investment:
$20,000
Risk score:

The Undervalued Opportunities investment strategy is suited for investors who are seeking concentrated exposure to securities. Through active management the strategy strives to beat the annualized returns of the S&P 500 over a long period of time.

Research

Fundamental analysis generally forms the basis for our thesis. This may include but is not limited to: an understanding of the company’s business, an evaluation of company management, the company’s standing within its industry, analysis of the company’s financial statements and annual filings. Additionally, we may engage in forms of cyclical analysis and technical analysis.

Approach

The strategy tends to look for investments in companies experiencing periods of growth in their businesses. However, the strategy will seek investments in any situation where it feels the opportunity for reward sufficiently outweighs the corresponding risk.

Allocation discipline

Capital is allocated to our best ideas. This will normally result in a concentrated portfolio of holdings.

Sell discipline

Portfolio holdings are reviewed periodically. Holdings are evaluated for potential thesis change. Holdings are sold if it is believed that capital could be more effectively allocated.

Exceptions

The portfolio may engage in the buying of ETFs and ADRs, hold high levels of cash, or trade any other publicly traded instrument (within the parameters outlined by Interactive Advisors), if it believes there is sufficient opportunity for investment returns.

  • All performance information on this page is based on the performance of the Portfolio Manager’s account, net of the current management fee. Client performance may differ. In particular, if a client invested in a prior time and a higher management fee applied at that time, they will have experienced lower returns. This information was calculated on November 25, 2020.

    Daily returns

    Performance

    Manager (net of fees) S&P 500 ETF
    Last 30 days 16.9% 6.9%
    Last 90 days 20.0% 4.5%
    Last 365 Days 209.4% 17.7%
    Since inception (Annualized) 103.3% 18.6%
    2020 (YTD) 174.0% 14.3%

    Risk metrics (last 365 days)

    Manager (net of fees) S&P 500 ETF
    Volatility 42.3% 33.4%
    Sharpe Ratio 4.95 0.53
    Sortino Ratio 6.21 0.59
    Maximum Drawdown -36.6% -33.7%
    Value-at-risk (95%, 1 week) -9.8% -7.7%

    Additional metrics (last 365 days)

    vs. S&P 500 ETF
    Information Ratio 7.10
    Alpha 100.9%
    Beta 0.97
    R-Squared 0.60
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  • Portfolio updates

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About Clearbrook Capital Advisors

Clearbrook Capital Advisors LLC is a registered investment advisor based in Massachusetts. The firm seeks to employ an investment strategy that balances bottom-up stock selection with an evaluation of general market conditions. Eric Steiman is the founder and the Managing Member of Clearbrook.

Clearbrook believes in balancing the fundamentals of bottom-up investing against the backdrop of stock market cycles. Clearbrook applies methods of technical analysis in its security selection and market analysis. Generally, the firm seeks investment in companies whose securities it believes are undervalued by the market and can be acquired at a discount to its estimate of intrinsic value.

Important Information
  1. Past performance is no guarantee of future results, and all investments, including those in this portfolio, involve the risk of loss, including loss of principal and a reduction in earnings.
  2. All performance information on this page is based on the performance of the Portfolio Manager’s account, using the manager’s own funds. Portfolio Manager’s pre-Interactive Advisors performance information may include performance of non-Interactive Advisors client accounts. Performance of the Portfolio Manager's account is calculated by Interactive Advisors on a daily time-weighted basis, including cash, dividends and earnings distributions and reflects the deduction of broker commissions. Manager returns include trades and positions that fail Interactive Advisors' trading rules, as a result, actual client returns will differ. Interactive Advisors advisory fees are simulated and applied retroactively to present the portfolio return "net-of-fees".
  3. None of the performance information displayed on this page is based on the actual performance of any Interactive Advisors client account investing in this portfolio. The performance in an Interactive Advisors client account invested in this portfolio may differ (i.e., be lower or higher) from the Portfolio Manager’s account performance based on any trading restrictions imposed by the client (resulting in different account holdings), time of initial investment, amount of investment, frequency and size of cash flows in and out of the client account, applicable brokerage commissions, and different corporate actions.Clients investing in this portfolio may view the actual performance of their investment in this portfolio by logging into their Interactive Advisors account and reviewing their customized dashboard.
  4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The investment minimum is the minimum investment required to follow a particular portfolio. The minimum amount is determined by Interactive Advisors, based on the characteristics of the underlying portfolio. It should not be considered as specific investment advice for your investment situation.
  5. The performance charts are provided for informational purposes only, and should not be used as the basis for making an investment decision. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors to provide these returns. Neither Interactive Advisors nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  6. Benchmark returns displayed have been calculated by Interactive Advisors using daily adjusted close prices and include dividend income. More information here. For certain portfolios Interactive Advisors uses an index as a benchmark, while for others it uses an investable exchange traded fund (ETF) as a benchmark. Index returns do not reflect the deduction of any management fees, transaction costs or expenses. Individuals cannot invest directly in an index. Investable ETF returns reflect the deduction of (i.e., are net of) management fees, transaction costs and expenses.
  7. All Portfolio Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Interactive Advisors has been provided by the Portfolio Manager. Interactive Advisors makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Interactive Advisors. Transaction history of Portfolio Managers is available upon request. Portfolio classifications are provided by Interactive Advisors, and are intended to serve as a general guide.
  8. These securities are currently held in the Portfolio Manager's brokerage account. Positions in the "Portfolio Holdings" table currently pass Interactive Advisors' trading rules, subject to individual client constraints. Eligibility for replication may change over time. Actual client investment holdings may vary.
  9. Not all transactions listed will appear in accounts due to Interactive Advisors' trading rules and individual client constraints. Eligibility of these securities is monitored periodically, and may change over time. Actual client investment holdings may vary.
  10. Real time transaction history for this portfolio is not available. Instead, the portfolio's positions are replicated daily. If you have any questions, please contact Client Services.
  11. Simulated performance of multi-manager portfolios is calculated as a weighted average daily performance of the underlying portfolios. It reflects the allocations through time of portfolios included in the multi-manager portfolio. The simulation does not include trading costs for changes to allocations, for example when the multi-manager portfolio is rebalanced. This means performance will be overstated, though not materially, relative to what a client might achieve. Fees are subtracted from the performance on a monthly basis to present the net return.
  12. This portfolio was launched on Interactive Advisors on March 29, 2019.
  13. The actual performance chart is provided for informational purposes only, and should not be used as the basis for making an investment decision. We rely on mathematical formulas, computer programs, and pricing information from third-party vendors (Refinitiv Worldscope database) to provide these returns. Neither Interactive Advisors nor any of its data or content providers shall be liable for any errors in this information or any actions taken by you in reliance upon this information.
  14. The actual performance of the manager account displayed on this page is based on the performance of an Interactive Advisors proprietary account invested using this strategy and is calculated by Interactive Advisors on a daily time-weighted basis, including cash, dividends and earnings distributions. The actual performance for this portfolio is presented “net of fees” and reflects the deduction of the Interactive Advisors advisory fee, Interactive Brokers LLC brokerage and other commissions and expenses that a client has to pay if he invests in this portfolio after the launch date.
  15. Transaction history is available upon request. Portfolio classifications are provided by Interactive Advisors, and are intended to serve as a general guide.