|Latest Return Date|
|Latest 6 Months|
|Latest 12 Months|
|Latest 24 Months (pa)|
|Annualised Since Inception|
The Fund aims to produce returns after management fees and expenses of RBA Cash Rate + 4.0-5.0% p.a. over rolling five-year periods. Furthermore, the Fund aims to achieve these returns with volatility that is a fraction of the Australian equity market, in order to smooth returns for investors.
Since inception in May 2013 in the months where the market was negative, the fund has provided positive returns 51% of the time, contributing to a down-capture ratio for returns since inception of 14.09%. Over all other periods, the fund's down-capture ratio has ranged from a high of 38.31% over the most recent 12 months to a low of 21.72% over the latest 60 months. A down-capture ratio less than 100% indicates that, on average, the fund has outperformed in the market's negative months over the specified period.
The fund's Sortino ratio (which excludes volatility in positive months) has ranged from a high of 4.94 for performance over the most recent 12 months to a low of 0.94 over the latest 36 months, and is 1.31 for performance since inception. By contrast, the ASX 200 Total Return Index's Sortino for performance since May 2013 is 0.69.