|Latest Return Date|
|Latest 6 Months|
|Latest 12 Months|
|Latest 24 Months (pa)|
|Annualised Since Inception|
The Longlead Absolute Return Fund has a track record of 4 years and 5 months and therefore comparison over all market conditions and against the fund's peers is limited. However, since inception in July 2017, the fund has outperformed the Asia Pacific Index, providing investors with an annualised return of 23.02%, compared with the index's return of 8.05% over the same time period.
On a calendar basis the fund has had 1 negative annual return in the 4 years and 5 months since its inception. Its largest drawdown was -14.88% lasting 13 months, occurring between January 2019 and February 2020 when the index fell by a maximum of -7.32%.
The Manager has delivered higher returns but with higher volatility than the index, resulting in a Sharpe ratio which has fallen below 1 twice and currently sits at 1.44 since inception. The fund has provided positive monthly returns 62% of the time in rising markets, and 63% of the time when the market was negative, contributing to an up capture ratio since inception of 73% and a down capture ratio of -84%.