DRAFT
Fund Review
Cyan C3G Fund
Performance as at May 2026
Cyan Investment Management, established in 2013, is a Melbourne-based boutique funds management firm. Founders and directors Graeme Carson and Dean Fergie serve as portfolio managers. Carson brings extensive experience from roles at Macquarie Bank and Bell Potter Securities, with a focus on ASX-listed companies. Fergie previously founded OC Funds Ltd and has achieved significant growth in funds under management. Both hold relevant finance and business qualifications.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | 2.87% | 2.59% | -11.42% | -6.55% | 3.22% |
| Peer Group1 | 5.30% | 9.89% | 4.51% | 8.52% | 9.87% | |
| Index2 | 11.24% | 10.64% | 4.02% | 5.95% | 6.90% | |
| Volatility | Fund | 20.98% | 16.71% | 19.10% | 21.28% | 18.09% |
| Peer Group1 | 13.56% | 11.28% | 13.33% | 17.12% | 14.56% | |
| Index2 | 15.38% | 13.54% | 16.46% | 18.85% | 16.64% | |
| 1Equity Long - Small/Mid Cap - Australia, 2ASX Small Ordinaries Total Return Index, 3Annualised, 4Jul 2014 | ||||||
Strategy Description
The Cyan C3G Fund operates as an unregistered managed investment scheme within a unit trust structure, focusing on ASX-listed companies outside the ASX 100. It holds 20 to 40 stocks, employing a stringent, research-driven approach to identify growth opportunities. A proprietary stock filter helps exclude investments based on internal and external characteristics. The Fund targets businesses that are under-researched, undervalued, or have a re-rating catalyst, actively managing a portfolio of Australian securities. It may shift to a cash position when suitable opportunities are unavailable. The Fund avoids derivatives and leverage but invests in potentially leveraged companies.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | CIM0001AU | Status: | Open |
| Peer Group: | Equity Long - Small/Mid Cap - Australia | Inception Date: | Jul 2014 |
| Strategy: | Equity Long | Style: | Blend |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale | Distributions: | Annually |
| Fund Size: | AU$ 15m | Manager FUM: | AU$ 35m |
| Applications: | Monthly, Initial: AU$ 100,000 | Redemptions: | Monthly |
| Management Fee: | 1.50% (PG avg: 1.15%) | Performance Fee: | 20.00% (PG avg: 16.28%) |
| Buy/Sell Spread: | 0.3%/0.3% (PG avg: 0.27%/0.27%) | Hurdle: | 2.5% per Calendar Quarter |
| Early Redemption Fee | No | High Water Mark: | Yes |
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Cyan C3G Fund
Performance vs Equity Long - Small/Mid Cap - Australia and ASX Small Ordinaries Total Return Index
Since Aug 2014, the Fund has returned 3.22% p.a. vs the Peer Group's return over the same period of 9.87%. Over the past 12 months, the Fund has returned 2.87% vs the Peer Group's 5.3%. For the 3, 5 and 7 year periods, the Fund has returned 2.59%, -11.42% and -6.55% respectively vs the Peer Group's returns of 9.89%, 4.51% and 8.52% respectively. The Fund's returns have been delivered with a volatility of 18.09% p.a. vs the Peer Group's 14.56%.
Only seven years of data shown. Click here to view all data.
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.46 | -4.69 | -12.84 | 1.00 | 6.15 | NA | NA | NA | NA | NA | NA | NA | -10.53 |
| 2025 | 1.22 | 0.44 | -6.25 | 2.22 | 7.67 | 10.41 | -3.37 | -4.79 | 6.49 | 5.60 | 0.09 | 0.56 | 20.61 |
| 2024 | -2.26 | -3.59 | 1.60 | 3.28 | -1.40 | 4.50 | 4.43 | -2.83 | 2.18 | -2.49 | 3.41 | 5.77 | 12.67 |
| 2023 | -0.73 | -7.73 | -5.38 | -1.98 | -3.51 | -8.07 | 7.15 | -3.39 | -3.28 | -3.75 | -1.51 | 1.79 | -27.20 |
| 2022 | -9.76 | -7.96 | 0.26 | -3.68 | -14.03 | -16.74 | 11.81 | -4.82 | -8.39 | 2.04 | -0.63 | -0.09 | -43.30 |
| 2021 | 1.48 | 2.59 | -3.07 | 2.22 | -2.82 | 1.40 | 1.83 | 0.78 | 3.38 | 3.14 | -2.23 | 0.18 | 8.94 |
| 2020 | -0.26 | -11.93 | -20.69 | 8.94 | 9.16 | 0.50 | 9.90 | 11.65 | -5.19 | -2.02 | 12.21 | 1.35 | 7.93 |
| 2019 | 4.02 | 0.61 | 3.18 | 2.07 | 2.81 | 1.12 | 5.18 | 0.10 | 8.62 | -1.64 | -3.20 | -4.19 | 19.54 |
| 2018 | -0.28 | 1.57 | -2.01 | -5.28 | 3.41 | 0.05 | 2.32 | 0.65 | -2.18 | -6.23 | -1.89 | -4.18 | -13.63 |
| 2017 | 1.90 | 0.10 | 1.20 | 1.90 | 0.20 | 2.40 | 2.30 | 3.60 | 3.20 | 6.12 | 2.40 | 4.24 | 33.71 |
| 2016 | -0.84 | -3.56 | 2.22 | 7.89 | 5.73 | -0.35 | 5.80 | 1.60 | 1.70 | -2.10 | -2.50 | -1.00 | 14.79 |
| 2015 | 1.90 | 6.26 | 4.57 | 1.76 | 0.66 | 0.33 | 5.07 | -2.30 | 11.39 | 4.15 | 2.27 | 4.50 | 48.10 |
| 2014 | NA | NA | NA | NA | NA | NA | NA | 2.40 | -0.20 | -0.29 | -0.59 | 3.75 | 5.10 |
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | 2.87% | 2.59% | -11.42% | -6.55% | 3.22% |
| Peer Group | 5.30% | 9.89% | 4.51% | 8.52% | 9.87% | |
| Index2 | 11.24% | 10.64% | 4.02% | 5.95% | 6.90% | |
| Volatility | Fund | 20.98% | 16.71% | 19.10% | 21.28% | 18.09% |
| Peer Group | 13.56% | 11.28% | 13.33% | 17.12% | 14.56% | |
| Index | 15.38% | 13.54% | 16.46% | 18.85% | 16.64% | |
| Sharpe | Fund | 0.06 | 0.00 | -0.69 | -0.31 | 0.16 |
| Peer Group | 0.17 | 0.54 | 0.18 | 0.44 | 0.58 | |
| Index | 0.53 | 0.52 | 0.14 | 0.29 | 0.36 | |
| Sortino | Fund | -0.06 | -0.12 | -0.93 | -0.54 | 0.08 |
| Peer Group | 0.13 | 0.68 | 0.15 | 0.47 | 0.71 | |
| Index | 0.59 | 0.67 | 0.08 | 0.26 | 0.39 | |
| Largest Drawdown | Fund | -16.93% | -16.93% | -61.90% | -61.90% | -61.90% |
| Peer Group | -14.17% | -14.17% | -23.29% | -29.83% | -29.83% | |
| Index | -13.25% | -13.25% | -24.24% | -29.12% | -29.12% |
Return in Index's 10 Best & 10 Worst Months %
Return in Index's 10 Best & 10 Worst Months %
Annualised Return vs Standard Deviation
Cyan C3G Fund - Annualised Return vs. Standard Deviation
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
Cyan C3G Fund
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | Cyan Investment Management |
| Custodian: | Sandhurst Trustees |
| Administrator: | Apex Fund Services |
| Auditor: | Not Applicable |
| Legal: | Steinepreis Paganin |
| Prime Broker: | Not Applicable |
Available on Investment Platforms
OLIVIA123
Key Staff
Graeme Carson
Director & Portfolio Manager
Years in industry: 32, Years at Firm: 13
Dean Fergie
Director & Portfolio Manager
Years in industry: 36, Years at Firm: 13
About AFM's Fund Reviews and Star Ratings
AFM's proprietary Star Rating system provides a quantitative ranking of performance and risk of funds in its peer group relative to similar funds. Funds must have a minimum 1 year track record.
Star Ratings for Performance reflects annualised return. Risk is a combination of downside deviation, maximum drawdown and longest drawdown, which are allocated in reverse.
| AFM Star Rating | Relative performance band compared to funds in the same Peer Group |
|---|---|
| ★ ★ ★ ★ ★ | Premium: The fund is in the top 10% of all funds in its peer group. |
| ★ ★ ★ ★ ☆ | Top Quartile: The fund ranges between 75 and 90% of all funds in its peer group. |
| ★ ★ ★ ☆ ☆ | Second Quartile: The fund ranges between 50 and 75% of all funds in its peer group. |
| ★ ★ ☆ ☆ ☆ | Third Quartile: The fund ranges between 25 and 50% of all funds in its peer group. |
| ★ ☆ ☆ ☆ ☆ | Fourth Quartile: The fund is in the lowest 25% of all funds in its peer group. |
All performances, rankings and Star Ratings are updated monthly. Past performance does not guarantee future performance.
Copyright
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Disclaimer
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