|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 7 months and has outperformed the ASX 200 Total Return Index since inception in February 2009, providing investors with an annualised return of 14.15% compared with the index's return of 9.7% 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 7 months since its inception. Over the past 12 months, the fund's largest drawdown was -31.8% vs the index's -11.9%, and since inception in February 2009 the fund's largest drawdown was -31.8% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in December 2021 and has lasted 8 months, reaching its lowest point during June 2022. During this period, the index's maximum drawdown was -11.9%.
The Manager has delivered these returns with 1.98% 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 0.79 since inception. The fund has provided positive monthly returns 89% of the time in rising markets and 19% of the time during periods of market decline, contributing to an up-capture ratio since inception of 140% and a down-capture ratio of 96%.