Fact Sheet
As at March 2024
As at March 2024
CC Sage Capital Absolute Return Fund
APIR: CHN5843AU
Manager Summary
Sage Capital is a Sydney based boutique asset manager which is wholly owned by its employees. Newly formed in June 2019, Sage Capital brings together significant expertise in the management of Australian equity portfolios and seeks to add value to investors by exploiting a wide range of market inefficiencies. By employing an extensive and rigorously tested quantitative model that is supported by fundamental analysis, Sage Capital is able to identify companies to invest in with superior risk/return characteristics.
Strategy Summary
This is an Australian absolute return strategy with the main asset class held by the Fund being Australian listed shares, as well as cash and cash equivalent instruments, other equity like securities and exchange traded derivatives.
The Fund may have between 0% and 200% of its NAV invested in long positions with this exposure offset by 0% to 200% of its NAV invested in short positions. On balance, the Fund maintains an exposure to the Australian equity market of between -15% and 15%.
The Fund may have between 0% and 200% of its NAV invested in long positions with this exposure offset by 0% to 200% of its NAV invested in short positions. On balance, the Fund maintains an exposure to the Australian equity market of between -15% and 15%.
Key Terms
| Status: | Open | Inception Date: | Aug 2019 |
| Strategy: | Equity Long/Short | Style: | Value |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale & Retail | Min. Investment: | AU$ 100,000 |
| Distributions: | 6 Monthly | Applications: | Daily |
| Fund Size: | AU$ 663.14m | Management Fee: | 1.29% |
| Manager FUM: | AU$ 1,163.7m | Performance Fee: | 20.50% |
Key Statistics
| Fund | Index* | Fund | Index* | ||
| Mar 2024: | 2.85% | 3.27% | Sharpe1: | 1.02 | 0.43 |
| 1 Year: | 2.54% | 14.45% | Sortino1: | 1.64 | 0.45 |
| 3 Years1,2: | 6.87% | 9.62% | Best Month1: | 6.17% | 10.21% |
| 5 Years1,2: | N/A | N/A | Worst Month1: | -4.15% | -20.65% |
| Inception1,2: | 8.18% | 7.38% | Volatility1,2: | 6.38% | 16.75% |
| Up-Capture1: | 6% | N/A | Down-Capture1: | -49% | N/A |
Cumulative Returns Fund Index
CC Sage Capital 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
CC Sage Capital 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.