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.

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*
Mar 2024: 4.58% 3.27% Sharpe1: -0.20 0.53
1 Year: -0.20% 14.45% Sortino1: -0.36 0.61
3 Years1,2: -7.00% 9.62% Best Month1: 12.64% 10.21%
5 Years1,2: 1.71% 9.15% Worst Month1: -6.89% -20.65%
Inception1,2: -1.42% 8.80% Volatility1,2: 11.37% 15.49%
Up-Capture1: -4% N/A Down-Capture1: -13% N/A
*ASX 200 Total Return,   1Since Mar 2018,   2Annualised

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 (123 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.