As at March 2024
TAMIM Fund: Australia Small Cap Income
Performance Summary as at March 2024
The TAMIM Fund: Australia Small Cap Income has a track record of 5 years and 3 months and has outperformed the ASX 200 Total Return benchmark since inception in January 2019, providing investors with an annualised return of 12% compared with the benchmark's return of 10.86% over the same period.
On a calendar year basis, the fund has experienced a negative annual return on 2 occasions in the 5 years and 3 months since its inception. Over the past 12 months, the fund's largest drawdown was -6.43% vs the index's -7.19%, and since inception in January 2019 the fund's largest drawdown was -45.92% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 11 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by January 2021.
The Manager has delivered these returns with 9.12% more volatility than the benchmark, contributing to a Sharpe ratio which has fallen below 1 four times over the past five years and which currently sits at 0.54 since inception. The fund has provided positive monthly returns 88% of the time in rising markets and 33% of the time during periods of market decline, contributing to an up-capture ratio since inception of 131% and a down-capture ratio of 111%.
Cumulative Returns Fund Index
TAMIM Fund: Australia Small Cap Income - Cumulative Performance vs ASX 200 Total Return
Drawdowns Fund Index
Drawdown%
Quintile Ranking vs. Equity Long - Small/Mid Cap - Australia as at March 2024
The performance of the TAMIM Fund: Australia Small Cap Income ranked it in the second quintile for Total Return and Sharpe over 5 years, while over 3 years the fund ranked in the second quintile for all KPIs except Total Return. Over 1 year, it ranked in the first quintile for Largest Drawdown and second quintile for Total Return.