Skip to Content
Symphonies
Primal Funds › Terra Firma (Global Ex-US)
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A rules-based, non‑U.S. stock portfolio with big tilts to Israel, India, the Middle East, and Argentina, plus smaller Asia‑Pacific and water‑theme slices and style tilts (value/momentum/quality). Rebalanced quarterly; expect higher volatility and currency risk.
NutHow it works
It spreads your money across non‑U.S. stock funds by fixed percentages and resets to those targets every quarter. Main bets: Israel (tech), India, the Middle East (Saudi + UAE), and Argentina. Smaller slices cover Southeast Asia, South Korea, Malaysia, New Zealand, Canada, Poland, global water stocks, plus 10% in value/momentum/quality style funds.
CheckmarkValue prop
Out-of-sample edge: 16.59% annualized vs 15.20% S&P, Sharpe 1.09 vs 0.84, drawdown 12.10% vs 18.76%, Calmar 1.37—stronger risk-adjusted growth from diversified non-U.S. exposure.

Loading backtest data...

Invest in this strategy
OOS Start Date
Nov 7, 2024
Trading Setting
Quarterly
Type
Stocks
Category
Global ex-us equities, emerging markets, factor investing, regional tilts, quarterly rebalancing
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toIZRL, NDIA, IMTM, ASEA, EPOL, PIN, UAE, EWM, ARGT, INDY, INDH, KSA, TBLU, IQLT, IVLU, EWC, EWY, GLIN, SMIN, ENZLandITEQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 16.59%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 12.10%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in the symphony, simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, crypto, and options.