Argonaut Natural Resources Fund

APIR: ARG3633AU

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$ 26.91m Management Fee: 1.00%
Manager FUM: AU$ 43.75m Performance Fee: 20.00%

Key Statistics

Fund Index* Fund Index*
Feb 2024: -1.30% -5.91% Sharpe1: 1.22 0.46
1 Year: -0.95% 0.46% Sortino1: 2.09 0.53
3 Years1,2: 22.68% 8.29% Best Month1: 15.21% 16.33%
5 Years1,2: N/A N/A Worst Month1: -15.20% -17.54%
Inception1,2: 29.01% 9.81% Volatility1,2: 21.69% 22.69%
Up-Capture1: 105% N/A Down-Capture1: 54% N/A
*S&P/ASX 300 Resources TR Index,   1Since Jan 2020,   2Annualised

Cumulative Returns
Fund Index

Argonaut Natural Resources Fund - Cumulative Performance vs S&P/ASX 300 Resources TR Index

 

Drawdowns
Fund Index

Drawdown%

 
Fund Index

Quintile Ranking vs. Equity Alternative - Australia Peer Group (123 funds) as at February 2024

1 Year
3 Year
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7 Year
Argonaut Natural Resources 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.