In what must be approaching a record both in Australia and overseas, Fortitude's local fund has continued its low volatility approach to risk and returns without a negative month since December 2007. In 2008 Fortitude returned investors 12.29% and has now returned an annualised 11.54% since inception in March 2005 with a standard deviation (volatility) of 2.97%.
1 year return: +11.96%. Annual (Mar.2005): +11.54%
Attention to risk has seen Fortitude produce 94% positive months and a maximum drawdown of just -0.50%.
