As at February 2025
Argonaut Natural Resources Fund
Manager Summary
Argonaut Funds Management is a high conviction investor in the Australian resources sector. It is based in the tier one mining jurisdiction of Western Australia and operates two resource focused funds. Argonaut Funds Management is part of Argonaut Group, an integrated investment house with corporate, stockbroking & research and special situations financing capability in the Australia/Asian region.
Strategy Summary
Argonaut Natural Resources Fund ("ANRF") is an actively managed wholesale fund investing in listed resource and mining service companies. The Manager seeks to create a diversified portfolio of investments which will generate absolute returns in excess of the S&P ASX 300 Resources Index. The Fund typically holds between 10 and 25 separate equity investments in a portfolio built around a rigorous investment process where the Manager assesses market conditions and macro economic influences, then conducts detailed stock specific analysis.
Key Terms
| Status: | Open | Inception Date: | Jan 2020 |
| Strategy: | Equity Long/Short | Style: | Blend |
| Geography: | Australia/Global | Domicile: | Australia |
| Investors: | Wholesale | Min. Investment: | AU$ 50,000 |
| Distributions: | Annually | Applications: | Monthly |
| Fund Size: | AU$ 30.13m | Management Fee: | 1.00% |
| Manager FUM: | AU$ 47.34m | Performance Fee: | 20.00% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Feb 2025: | -1.70% | -3.22% | Sharpe1: | 1.06 | 0.31 |
| 1 Year: | 6.59% | -5.87% | Sortino1: | 1.77 | 0.31 |
| 3 Years1,2: | 5.43% | 1.97% | Best Month1: | 15.21% | 16.33% |
| 5 Years1,2: | 26.57% | 9.74% | Worst Month1: | -15.20% | -17.54% |
| Inception1,2: | 24.33% | 6.58% | Volatility1,2: | 20.75% | 21.67% |
| Up-Capture1: | 108% | N/A | Down-Capture1: | 61% | N/A |