| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The manager follows a disciplined, process-driven, and thematic strategy focused on five core investment strategies: 1) Growth stocks that are really value stocks; 2) Traditional deep value; 3) The life sciences; 4) Miners and drillers expanding production into supply deficits; 5) Global special situations; The manager uses a macro overlay to manage exposure, hedging in three ways: 1) Direct shorts 2) Upside exposure to the VIX index 3) Index optionality |
| Manager Comments | The fund's Sharpe ratio has ranged from a high of 2.28 over the most recent 12 months, to a low of 0.82 since inception. The fund's Sortino ratio (which excludes volatility in positive months) vs the index has also ranged from a maximum of 6.7 over the most recent 12 months, to a low of 1.05 since inception. Since inception in the months when the market was positive the fund provided positive returns 80% of the time. It has an up-capture ratio of 228.75% since inception and 285.31% over the past 12 months, indicating that it has typically risen more than twice as much as the market during the market's positive months. |
| More Information |
