Arminius Capital GMMA Fund

Performance Summary as at April 2022

The Arminius Capital GMMA Fund has a track record of 5 years and 6 months and has underperformed the Barclay Hedge Global Macro benchmark since inception in November 2016, providing investors with an annualised return of -1.92% compared with the benchmark's return of 6.39% over the same period.

On a calendar year basis, the fund has experienced a negative annual return on 3 occasions in the 5 years and 6 months since its inception. Over the past 12 months, the fund's largest drawdown was -2.96% vs the index's -1.97%, and since inception in November 2016 the fund's largest drawdown was -19.77% vs the index's maximum drawdown over the same period of -8.07%. The fund's maximum drawdown began in February 2018 and has so far lasted 4 years and 2 months, reaching its lowest point during April 2022.

The Manager has delivered these returns with 0.13% less volatility than the benchmark, contributing to a Sharpe ratio which has fallen below 1 five times over the past five years and which currently sits at -0.52 since inception. The fund has provided positive monthly returns 56% of the time in rising markets and 39% of the time during periods of market decline, contributing to an up-capture ratio since inception of 10% and a down-capture ratio of 83%.

Cumulative Returns
Fund Index

Arminius Capital GMMA Fund - Cumulative Performance vs Barclay Hedge Global Macro Index


Fund Index


Fund Index

Quintile Ranking vs. Alternatives as at

The Arminius Capital GMMA Fund is not ranked in the first or second quintile for any KPI.

Quintile data is pending for Arminius Capital GMMA Fund.

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.