|Latest Return Date|
|Latest 6 Months|
|Latest 12 Months|
|Latest 24 Months (pa)|
|Annualised Since Inception|
The managers of the fund intend to maintain a concentrated portfolio of investments in ASX listed companies that they have investigated and consider to be undervalued. They will assess the attractiveness of potential investments using a number of common industry based measures, a proprietary in-house model and by speaking with management, industry experts and competitors. Once the managers form a view that an investment offers sufficient upside potential relative to the downside risk, the fund will seek to make an investment.
If no appropriate investment can be identified the managers are prepared to hold cash and wait for the right opportunities to present themselves.
The Collins St Value Fund has a track record of 5 years and 10 months and has consistently outperformed the ASX 200 Total Return Index since inception in February 2016, providing investors with a return of 18.07%, compared with the index's return of 10.96% over the same time period.
On a calendar basis the fund has never had a negative annual return in the 5 years and 10 months since its inception. Its largest drawdown was -27.46% lasting 7 months, occurring between February 2020 and September 2020.
The Manager has delivered higher returns but with higher volatility than the index, resulting in a Sharpe ratio which has fallen below 1 four times and currently sits at 0.97 since inception. The fund has provided positive monthly returns 83% of the time in rising markets, and 65% of the time when the market was negative, contributing to an up capture ratio since inception of 82% and a down capture ratio of 33%.