|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 9 months and has outperformed the ASX 200 Total Return Index since inception in February 2009, providing investors with an annualised return of 13.59% compared with the index's return of 9.53% 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 9 months since its inception. Over the past 12 months, the fund's largest drawdown was -31.81% vs the index's -11.9%, and since inception in February 2009 the fund's largest drawdown was -31.81% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in December 2021 and has so far lasted 10 months, reaching its lowest point during September 2022. During this period, the index's maximum drawdown was -11.9%.
The Manager has delivered these returns with 2% 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 0.76 since inception. The fund has provided positive monthly returns 90% of the time in rising markets and 18% of the time during periods of market decline, contributing to an up-capture ratio since inception of 137% and a down-capture ratio of 97%.