Fact Sheet
As at April 2024
As at April 2024
Firetrail Absolute Return Fund
APIR: WHT5134AU
Manager Summary
Firetrail is an investment management boutique founded in 2018. The firm was established with a goal to align our people with our clients. Importantly, the firm is majority owned by our investment staff and the team is invested alongside our clients in the investment strategies.
Pinnacle Investment Management Limited are partners and minority shareholders in the business.
Pinnacle Investment Management Limited are partners and minority shareholders in the business.
Strategy Summary
The Fund aims to provide investors with access to an actively managed equities portfolio predominately comprised of long positions and short positions in Australian listed securities and constructed using the Fund's net market neutral Investment Strategy.
Key Terms
| Status: | Open | Inception Date: | Mar 2018 |
| Strategy: | Equity Market Neutral | Style: | Blend |
| Geography: | Australia/Global | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 20,000 |
| Distributions: | 6 Monthly | Applications: | Daily |
| Fund Size: | AU$ 203m | Management Fee: | 1.50% |
| Manager FUM: | AU$ 1,098m | Performance Fee: | 20.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Apr 2024: | 3.20% | -2.94% | Sharpe1: | -0.20 | 0.53 |
| 1 Year: | 4.00% | 9.07% | Sortino1: | -0.30 | 0.56 |
| 3 Years1,2: | -6.28% | 7.30% | Best Month1: | 12.64% | 10.21% |
| 5 Years1,2: | 2.20% | 8.00% | Worst Month1: | -6.89% | -20.65% |
| Inception1,2: | -0.89% | 8.16% | Volatility1,2: | 11.37% | 15.49% |
| Up-Capture1: | -4% | N/A | Down-Capture1: | -18% | N/A |
Cumulative Returns Fund Index
Firetrail Absolute Return Fund - Cumulative Performance vs ASX 200 Total Return
Drawdowns Fund Index
Drawdown%
Fund Index
Quintile Ranking vs. Equity Alternative - Australia Peer Group (124 funds) as at March 2024
1 Year
3 Year
5 Year
7 Year
Firetrail Absolute Return Fund
ASX200 Total Return
Quintile Rankings display Key Performance Indicators (KPI's) against the fund's Peer Group. Each green square ranks the fund in one quintile (or 20%) of its peer group - five green squares indicate the fund is in the best quintile for each KPI. The performance of the peer group's underlying index is shown by a red dot.