|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 2 months and has outperformed the ASX 200 Total Return Index since inception in February 2009, providing investors with an annualised return of 15.71% compared with the index's return of 10.51% over the same period.
On a calendar year basis, the fund has experienced a negative annual return on 2 occasions in the 13 years and 2 months since its inception. Over the past 12 months, the fund's largest drawdown was -17.98% 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 fund had completely recovered its losses by August 2020.
The Manager has delivered these returns with 1.69% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 four times over the past five years and which currently sits at 0.9 since inception. The fund has provided positive monthly returns 90% 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 137% and a down-capture ratio of 93%.