Fund Monitors Pty Ltd

www.fundmonitors.com
© Copyright 2022
Printed: 07 July 2022 12:13 AM

News

15 Feb 2022 - Performance Report: Bennelong Twenty20 Australian Equities Fund
By: FundMonitors.com

Report Date15 February 2022
ManagerBennelong Funds Management
Fund NameBennelong Twenty20 Australian Equities Fund
StrategyEquity Long
Latest Return DateJanuary 2022
Latest Return-7.94%
Latest 6 Months-4.58%
Latest 12 Months10.08%
Latest 24 Months (pa)10.06%
Annualised Since Inception10.88%
Inception Date02 December 2015
FUM (millions)AU$42.24
Fund OverviewThe Bennelong Twenty20 Australian Equities Fund provides exposure to the S&P/ASX300 universe through a combination of actively managed ex-20 stocks and a passive exposure to the top 20 stocks. It aims to give investors a cost-effective opportunity to access BAEP's proven ex-20 strategy combined with an index position in the top 20.
Manager CommentsThe Bennelong Twenty20 Australian Equities Fund returned -7.94% in January, a difference of -1.59% compared with the ASX 200 Total Return Index which fell by -6.35%.

The Bennelong Twenty20 Australian Equities Fund has a track record of 12 years and 3 months and has outperformed the ASX 200 Total Return Index since inception in November 2009, providing investors with an annualised return of 10.88% compared with the index's return of 7.78% over the same period.

On a calendar year basis, the fund has experienced a negative annual return on 3 occasions in the 12 years and 3 months since the start of its track record. Over the past 12 months, the fund's largest drawdown was -8.84% vs the index's -6.35%, and since inception in November 2009 the fund's largest drawdown was -26.09% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 9 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by November 2020.

The Manager has delivered these returns with 0.53% 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 0.67 since inception. The fund has provided positive monthly returns 96% of the time in rising markets and 7% of the time during periods of market decline, contributing to an up-capture ratio since inception of 125% and a down-capture ratio of 97%.
More Information

Australian Fund Monitors Pty Ltd
A.C.N. 122 226 724
AFSL 324476

Email: [email protected]