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Performance Report: Delft Partners Global High Conviction Strategy
17 Nov 2022 - FundMonitors.com
The Delft Partners Global High Conviction Strategy rose by +8.7% in October, an outperformance of +2.5% compared with the Global Equity Index which rose by +6.2%.
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17 Nov 2022 - Performance Report: Delft Partners Global High Conviction Strategy
By: FundMonitors.com
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| Fund Overview | The quantitative model is proprietary and designed in-house. The critical elements are Valuation, Momentum, and Quality (VMQ) and every stock in the global universe is scored and ranked. Verification of the quant model scores is then cross checked by fundamental analysis in which a company's Accounting policies, Governance, and Strategic positioning is evaluated. The manager believes strategy is suited to investors seeking returns from investing in global companies, diversification away from Australia and a risk aware approach to global investing. It should be noted that this is a strategy in an IMA format and is not offered as a fund. An IMA solution can be a more cost and tax effective solution, for clients who wish to own fewer stocks in a long only strategy. |
| Manager Comments | The Delft Partners Global High Conviction Strategy has a track record of 11 years and 3 months and has outperformed the Global Equity Index since inception in August 2011, providing investors with an annualised return of 14.45% compared with the index's return of 12.63% over the same period. On a calendar year basis, the fund has experienced a negative annual return on 2 occasions in the 11 years and 3 months since its inception. Over the past 12 months, the fund's largest drawdown was -9.85% vs the index's -15.77%, and since inception in August 2011 the fund's largest drawdown was -13.33% vs the index's maximum drawdown over the same period of -15.77%. The fund's maximum drawdown began in February 2020 and lasted 1 year, reaching its lowest point during July 2020. The fund had completely recovered its losses by February 2021. During this period, the index's maximum drawdown was -13.19%. The Manager has delivered these returns with 1.18% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 four times over the past five years and which currently sits at 1.06 since inception. The fund has provided positive monthly returns 88% of the time in rising markets and 14% of the time during periods of market decline, contributing to an up-capture ratio since inception of 99% and a down-capture ratio of 90%. |
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Performance Report: L1 Capital Long Short Fund (Monthly Class)
16 Nov 2022 - FundMonitors.com
The L1 Capital Long Short Fund (Monthly Class) rose by +5.1% in October, a difference of -0.94% compared with the ASX 200 Total Return Index which rose by +6.04%. The fund has outperformed the index since inception in September 2014,...
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16 Nov 2022 - Performance Report: L1 Capital Long Short Fund (Monthly Class)
By: FundMonitors.com
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| Manager Comments | The L1 Capital Long Short Fund (Monthly Class) has a track record of 8 years and 2 months and has outperformed the ASX 200 Total Return Index since inception in September 2014, providing investors with an annualised return of 19.73% compared with the index's return of 6.78% over the same period. On a calendar year basis, the fund has only experienced a negative annual return once in the 8 years and 2 months since its inception. Over the past 12 months, the fund's largest drawdown was -19.5% vs the index's -11.9%, and since inception in September 2014 the fund's largest drawdown was -39.11% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2018 and lasted 2 years and 9 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by November 2020. The Manager has delivered these returns with 6.53% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 four times over the past five years and which currently sits at 0.91 since inception. The fund has provided positive monthly returns 79% of the time in rising markets and 62% of the time during periods of market decline, contributing to an up-capture ratio since inception of 86% and a down-capture ratio of 27%. |
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Performance Report: Insync Global Quality Equity Fund
15 Nov 2022 - FundMonitors.com
The Insync Global Quality Equity Fund rose by +5.77% in October, a difference of -0.43% compared with the Global Equity Index which rose by +6.2%. The fund has outperformed the index since inception in October 2009, providing investors...
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15 Nov 2022 - Performance Report: Insync Global Quality Equity Fund
By: FundMonitors.com
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| Fund Overview | Insync invests in a concentrated portfolio of high quality companies that possess long 'runways' of future growth benefitting from Megatrends. Megatrends are multiyear structural and disruptive changes that transform the way we live our daily lives and result from a convergence of different underlying trends including innovation, politics, demographics, social attitudes and lifestyles. They provide important tailwinds to individual stocks and sectors, that reside within them. Insync believe this delivers exponential earnings growth ahead of market expectations. Insync screens the universe of 40,000 listed global companies to just 150 that it views as superior. This includes profitability, balance sheet performance, shareholder focus and valuations. 20-40 companies are then chosen for the portfolio. These reflect the best outcomes from further analysis using a proprietary DCF valuation, implied growth modelling, and free cash flow yield; alongside management, competitor, and industry scrutiny. The Fund may hold some cash (maximum of 5%), derivatives, currency contracts for hedging purposes, and American and/or Global Depository Receipts. It is however, for all intents and purposes, a 'long-only' fund, remaining fully invested irrespective of market cycles. |
| Manager Comments | The Insync Global Quality Equity Fund has a track record of 13 years and 1 month and has outperformed the Global Equity Index since inception in October 2009, providing investors with an annualised return of 11.48% compared with the index's return of 10.48% over the same period. On a calendar year basis, the fund has only experienced a negative annual return once in the 13 years and 1 month since its inception. Over the past 12 months, the fund's largest drawdown was -28.54% vs the index's -15.77%, and since inception in October 2009 the fund's largest drawdown was -28.54% vs the index's maximum drawdown over the same period of -15.77%. The fund's maximum drawdown began in January 2022 and has so far lasted 9 months, reaching its lowest point during September 2022. The Manager has delivered these returns with 1.58% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 five times over the past five years and which currently sits at 0.79 since inception. The fund has provided positive monthly returns 82% of the time in rising markets and 19% of the time during periods of market decline, contributing to an up-capture ratio since inception of 85% and a down-capture ratio of 89%. |
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Performance Report: Insync Global Capital Aware Fund
14 Nov 2022 - FundMonitors.com
The Insync Global Capital Aware Fund rose by +5.22% in October. Since inception in October 2009, the fund has returned +9.52% per annum. The annualised volatility of the fund's returns since inception in October 2009 is 11.35%.
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14 Nov 2022 - Performance Report: Insync Global Capital Aware Fund
By: FundMonitors.com
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| Fund Overview | Insync invests in a concentrated portfolio of high quality companies that possess long 'runways' of future growth benefitting from Megatrends. Megatrends are multiyear structural and disruptive changes that transform the way we live our daily lives and result from a convergence of different underlying trends including innovation, politics, demographics, social attitudes and lifestyles. They provide important tailwinds to individual stocks and sectors, that reside within them. Insync believe this delivers exponential earnings growth ahead of market expectations. The fund uses Put Options to help buffer the depth and duration that sharp, severe negative market impacts would otherwide have on the value of the fund during these events. Insync screens the universe of 40,000 listed global companies to just 150 that it views as superior. This includes profitability, balance sheet performance, shareholder focus and valuations. 20-40 companies are then chosen for the portfolio. These reflect the best outcomes from further analysis using a proprietary DCF valuation, implied growth modelling, and free cash flow yield; alongside management, competitor, and industry scrutiny. The Fund may hold some cash (maximum of 5%), derivatives, currency contracts for hedging purposes, and American and/or Global Depository Receipts. It is however, for all intents and purposes, a 'long-only' fund, remaining fully invested irrespective of market cycles. |
| Manager Comments | The Insync Global Capital Aware Fund has a track record of 13 years and 1 month and has underperformed the Global Equity Index since inception in October 2009, providing investors with an annualised return of 9.52% compared with the index's return of 10.48% over the same period. On a calendar year basis, the fund has experienced a negative annual return on 2 occasions in the 13 years and 1 month since its inception. Over the past 12 months, the fund's largest drawdown was -29.45% vs the index's -15.77%, and since inception in October 2009 the fund's largest drawdown was -29.45% vs the index's maximum drawdown over the same period of -15.77%. The fund's maximum drawdown began in January 2022 and has so far lasted 9 months, reaching its lowest point during September 2022. The Manager has delivered these returns with 0.91% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 five times over the past five years and which currently sits at 0.67 since inception. The fund has provided positive monthly returns 81% of the time in rising markets and 21% of the time during periods of market decline, contributing to an up-capture ratio since inception of 59% and a down-capture ratio of 85%. |
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Performance Report: Skerryvore Global Emerging Markets All-Cap Equity Fund
10 Nov 2022 - FundMonitors.com
The Skerryvore Global Emerging Markets All-Cap Equity Fund rose by +1.66% in October. The fund has achieved a down-capture ratio of 49.42% for performance since inception in August 2021, indicating that, on average, it has fallen only half...
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10 Nov 2022 - Performance Report: Skerryvore Global Emerging Markets All-Cap Equity Fund
By: FundMonitors.com
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| Fund Overview | Emerging markets refers to countries that are transitioning from a low income, less developed economy towards a modern, industrial economy with a higher standard of living and greater connectivity to global markets. The strategy is index unaware (meaning that the Skerryvore team decides to invest in individual stocks based on their merit and without reference to the composition of the Benchmark) and the Fund's country and sector allocations will reflect the active bottom up investment approach of the Skerryvore team. The Fund also invests in companies that are incorporated and listed in developed market countries which have economic exposure to emerging markets. The difference in allocation against any emerging markets index can be significant. |
| Manager Comments | The Skerryvore Global Emerging Markets All-Cap Equity Fund has a track record of 1 year and 3 months and therefore comparison over all market conditions and against its peers is limited. However, the fund has underperformed the ASX 200 Total Return Index since inception in August 2021, providing investors with an annualised return of -9.5% compared with the index's return of -1.21% over the same period. Over the past 12 months, the fund's largest drawdown was -13.9% vs the index's -11.9%, and since inception in August 2021 the fund's largest drawdown was -17.45% vs the index's maximum drawdown over the same period of -11.9%. The fund's maximum drawdown began in September 2021 and has so far lasted 1 year and 1 month, reaching its lowest point during June 2022. The Manager has delivered these returns with 5.97% less volatility than the index. Since inception in August 2021 in the months where the market was negative, the fund has provided positive returns 38% of the time, contributing to a down-capture ratio since inception of 49.42%. For performance over the past 12 month, the fund's down-capture ratio is 19.68%. A down-capture ratio less than 100% indicates that, on average, the fund has outperformed in the market's negative months. |
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Performance Report: 4D Global Infrastructure Fund (Unhedged)
10 Nov 2022 - FundMonitors.com
The 4D Global Infrastructure Fund (Unhedged) rose by +5.2% in October, an outperformance of +0.14% compared with the S&P Global Infrastructure TR (AUD) Index which rose by +5.06%. Since inception in March 2016, the fund has returned +8.24% per annum.
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10 Nov 2022 - Performance Report: 4D Global Infrastructure Fund (Unhedged)
By: FundMonitors.com
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| Fund Overview | The fund is managed as a single portfolio including regulated utilities in gas, electricity and water, transport infrastructure such as airports, ports, road and rail, as well as communication assets such as the towers and satellite sectors. The portfolio is intended to have exposure to both developed and emerging market opportunities, with country risk assessed internally before any investment is considered. The maximum absolute position of an individual stock is 7% of the fund. |
| Manager Comments | The 4D Global Infrastructure Fund (Unhedged) has a track record of 6 years and 8 months and has underperformed the S&P Global Infrastructure TR (AUD) Index since inception in March 2016, providing investors with an annualised return of 8.24% compared with the index's return of 8.48% over the same period. On a calendar year basis, the fund has only experienced a negative annual return once in the 6 years and 8 months since its inception. Over the past 12 months, the fund's largest drawdown was -10.99% vs the index's -6.34%, and since inception in March 2016 the fund's largest drawdown was -19.77% vs the index's maximum drawdown over the same period of -24.67%. The fund's maximum drawdown began in February 2020 and lasted 2 years and 2 months, reaching its lowest point during September 2020. The fund had completely recovered its losses by April 2022. The Manager has delivered these returns with 0.26% less volatility than the index, contributing to a Sharpe ratio which has fallen below 1 five times over the past five years and which currently sits at 0.63 since inception. The fund has provided positive monthly returns 94% of the time in rising markets and 13% of the time during periods of market decline, contributing to an up-capture ratio since inception of 97% and a down-capture ratio of 99%. |
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Performance Report: Airlie Australian Share Fund
9 Nov 2022 - FundMonitors.com
The Airlie Australian Share Fund rose by +6.32% in October, an outperformance of +0.28% compared with the ASX 200 Total Return Index which rose by +6.04%. The fund has outperformed the index since inception in June 2018, providing...
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9 Nov 2022 - Performance Report: Airlie Australian Share Fund
By: FundMonitors.com
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| Fund Overview | The Fund is long-only with a bottom-up focus. It has a concentrated portfolio of 15-35 stocks (target 25). The fund has a maximum cash holding of 10% with an aim to be fully invested. Airlie employs a prudent investment approach that identifies companies based on their financial strength, attractive durable business characteristics and the quality of their management teams. Airlie invests in these companies when their view of their fair value exceeds the prevailing market price. It is jointly managed by Matt Williams and Emma Fisher. Matt has over 25 years' investment experience and formerly held the role of Head of Equities and Portfolio Manager at Perpetual Investments. Emma has over 8 years' investment experience and has previously worked as an investment analyst within the Australian equities team at Fidelity International and, prior to that, at Nomura Securities. |
| Manager Comments | The Airlie Australian Share Fund has a track record of 4 years and 5 months and therefore comparison over all market conditions and against its peers is limited. However, the fund has outperformed the ASX 200 Total Return Index since inception in June 2018, providing investors with an annualised return of 9.72% compared with the index's return of 7.09% over the same period. On a calendar year basis, the fund hasn't experienced any negative annual returns in the 4 years and 5 months since its inception. Over the past 12 months, the fund's largest drawdown was -16.29% vs the index's -11.9%, and since inception in June 2018 the fund's largest drawdown was -23.8% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 9 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by November 2020. The Manager has delivered these returns with 0.01% less volatility than the index, contributing to a Sharpe ratio which has fallen below 1 three times over the past four years and which currently sits at 0.6 since inception. The fund has provided positive monthly returns 97% of the time in rising markets and 11% of the time during periods of market decline, contributing to an up-capture ratio since inception of 111% and a down-capture ratio of 97%. |
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Performance Report: Quay Global Real Estate Fund (Unhedged)
8 Nov 2022 - FundMonitors.com
The Quay Global Real Estate Fund (Unhedged) rose by +4.54% in October, an outperformance of +7.46% compared with the BBAREIT Index which fell by -2.92%. The fund has outperformed the index since inception in January 2016, providing...
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8 Nov 2022 - Performance Report: Quay Global Real Estate Fund (Unhedged)
By: FundMonitors.com
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| Fund Overview | The Fund will invest in a number of global listed real estate companies, groups or funds. The investment strategy is to make investments in real estate securities at a price that will deliver a real, after inflation, total return of 5% per annum (before costs and fees), inclusive of distributions over a longer-term period. The Investment Strategy is indifferent to the constraints of any index benchmarks and is relatively concentrated in its number of investments. The Fund is expected to own between 20 and 40 securities, and from time to time up to 20% of the portfolio maybe invested in cash. The Fund is $A un-hedged. |
| Manager Comments | The Quay Global Real Estate Fund (Unhedged) has a track record of 6 years and 10 months and has outperformed the BBAREIT Index since inception in January 2016, providing investors with an annualised return of 6.07% compared with the index's return of 5.09% over the same period. On a calendar year basis, the fund has only experienced a negative annual return once in the 6 years and 10 months since its inception. Over the past 12 months, the fund's largest drawdown was -22.45% vs the index's -12.93%, and since inception in January 2016 the fund's largest drawdown was -22.45% vs the index's maximum drawdown over the same period of -23.56%. The fund's maximum drawdown began in January 2022 and has so far lasted 9 months, reaching its lowest point during September 2022. During this period, the index's maximum drawdown was -22.94%. The Manager has delivered these returns with 1.53% more volatility than the index, contributing to a Sharpe ratio for performance over the past 12 months of -0.85 and for performance since inception of 0.45. The fund has provided positive monthly returns 72% of the time in rising markets and 34% of the time during periods of market decline, contributing to an up-capture ratio since inception of 68% and a down-capture ratio of 72%. |
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Performance Report: Delft Partners Global High Conviction Strategy
31 Oct 2022 - FundMonitors.com
The Delft Partners Global High Conviction Strategy returned -2.62% in September, an outperformance of +0.68% compared with the Global Equity Index which fell by -3.3%.
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31 Oct 2022 - Performance Report: Delft Partners Global High Conviction Strategy
By: FundMonitors.com
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| Fund Overview | The quantitative model is proprietary and designed in-house. The critical elements are Valuation, Momentum, and Quality (VMQ) and every stock in the global universe is scored and ranked. Verification of the quant model scores is then cross checked by fundamental analysis in which a company's Accounting policies, Governance, and Strategic positioning is evaluated. The manager believes strategy is suited to investors seeking returns from investing in global companies, diversification away from Australia and a risk aware approach to global investing. It should be noted that this is a strategy in an IMA format and is not offered as a fund. An IMA solution can be a more cost and tax effective solution, for clients who wish to own fewer stocks in a long only strategy. |
| Manager Comments | The Delft Partners Global High Conviction Strategy has a track record of 11 years and 2 months and has outperformed the Global Equity Index since inception in August 2011, providing investors with an annualised return of 13.72% compared with the index's return of 12.13% over the same period. On a calendar year basis, the strategy has experienced a negative annual return on 2 occasions in the 11 years and 2 months since its inception. Over the past 12 months, the strategy's largest drawdown was -9.85% vs the index's -15.77%, and since inception in August 2011 the strategy's largest drawdown was -13.33% vs the index's maximum drawdown over the same period of -15.77%. The strategy's maximum drawdown began in February 2020 and lasted 1 year, reaching its lowest point during July 2020. The strategy had completely recovered its losses by February 2021. During this period, the index's maximum drawdown was -13.19%. The Manager has delivered these returns with 1.07% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 four times over the past five years and which currently sits at 1.02 since inception. The strategy has provided positive monthly returns 88% of the time in rising markets and 14% of the time during periods of market decline, contributing to an up-capture ratio since inception of 96% and a down-capture ratio of 90%. |
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Performance Report: DS Capital Growth Fund
31 Oct 2022 - FundMonitors.com
The DS Capital Growth Fund has a track record of 9 years and 9 months and has outperformed the ASX 200 Total Return Index since inception in January 2013, providing investors with an annualised return of 12.13% compared with the index's...
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31 Oct 2022 - Performance Report: DS Capital Growth Fund
By: FundMonitors.com
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| Fund Overview | The investment team looks for industrial businesses that are simple to understand, generally avoiding large caps, pure mining, biotech and start-ups. They also look for: - Access to management; - Businesses with a competitive edge; - Profitable companies with good margins, organic growth prospects, strong market position and a track record of healthy dividend growth; - Sectors with structural advantage and barriers to entry; - 15% p.a. pre-tax compound return on each holding; and - A history of stable and predictable cash flows that DS Capital can understand and value. |
| Manager Comments | The DS Capital Growth Fund has a track record of 9 years and 9 months and has outperformed the ASX 200 Total Return Index since inception in January 2013, providing investors with an annualised return of 12.13% compared with the index's return of 7.88% over the same period. On a calendar year basis, the fund has only experienced a negative annual return once in the 9 years and 9 months since its inception. Over the past 12 months, the fund's largest drawdown was -21.56% vs the index's -11.9%, and since inception in January 2013 the fund's largest drawdown was -22.53% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 6 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by August 2020. The Manager has delivered these returns with 1.53% less volatility than the index, contributing to a Sharpe ratio which has fallen below 1 five times over the past five years and which currently sits at 0.88 since inception. The fund has provided positive monthly returns 88% of the time in rising markets and 33% of the time during periods of market decline, contributing to an up-capture ratio since inception of 67% and a down-capture ratio of 66%. |
| More Information |
