|Latest Return Date|
|Latest 6 Months|
|Latest 12 Months|
|Latest 24 Months (pa)|
|Annualised Since Inception|
Montgomery Lucent, a joint venture between Lucent Capital Partners and Montgomery Investment Management, is the investment manager of the Fund. Lucent Capital Partners is owned by its founders Gary Rollo and Dominic Rose. Gary and Dominic have worked together for three years as at February 2020 and have a combined three decades of portfolio management and equities research experience.
The manager is able to invest up to 10% of the portfolio in pre-IPO opportunities. They search for companies likely to benefit from secular trends, industry change and with substantial competitive advantages. Cash typically ranges around 10%.
The fund's Sharpe ratio has ranged from a high of 3.02 over the most recent 12 months, to a low of 1.05 since inception. The fund's Sortino ratio (which excludes volatility in positive months) has ranged from a maximum of 13.7 over the most recent 12 months, to a low of 1.51 since inception.
Since inception in the months when the market was positive the fund provided positive returns 81% of the time. It has an up-capture ratio ranging between 156.12% (since inception) and 156.12% (since inception), and over the most recent 12 months has provided an up-capture ratio of 143.96%.
The fund has a down-capture ratio of 88.65% since inception, and ranging between 58.94% (12 months) and 58.94% (12 months).