|Latest Return Date|
|Latest 6 Months|
|Latest 12 Months|
|Latest 24 Months (pa)|
|Annualised Since Inception|
The Bennelong Concentrated Australian Equities Fund has a track record of 13 years and has outperformed the ASX 200 Total Return Index since inception in February 2009, providing investors with an annualised return of 16.29% compared with the index's return of 9.91% over the same period.
On a calendar year basis, the fund has experienced a negative annual return on 2 occasions in the 13 years since the start of its track record. Over the past 12 months, the fund's largest drawdown was -12.4% vs the index's -6.35%, and since inception in February 2009 the fund's largest drawdown was -24.11% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 6 months, reaching its lowest point during March 2020.
The Manager has delivered these returns with 1.66% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 five times over the past five years and which currently sits at 0.93 since inception. The fund has provided positive monthly returns 91% of the time in rising markets and 20% of the time during periods of market decline, contributing to an up-capture ratio since inception of 157% and a down-capture ratio of 93%.