CC Sage Capital Equity Plus Fund

Performance Summary as at March 2024

The CC Sage Capital Equity Plus Fund has a track record of 4 years and 8 months and therefore comparison over all market conditions and against its peers is limited. However, the fund has outperformed the ASX 200 Total Return benchmark since inception in August 2019, providing investors with an annualised return of 12.29% compared with the benchmark's return of 7.38% over the same period.

On a calendar year basis, the fund hasn't experienced any negative annual returns in the 4 years and 8 months since its inception. Over the past 12 months, the fund's largest drawdown was -7.61% vs the index's -7.19%, and since inception in August 2019 the fund's largest drawdown was -22.79% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 9 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by November 2020.

The Manager has delivered these returns with 1.83% less volatility than the benchmark, contributing to a Sharpe ratio which has fallen below 1 three times over the past four years and which currently sits at 0.76 since inception. The fund has provided positive monthly returns 100% of the time in rising markets and 14% of the time during periods of market decline, contributing to an up-capture ratio since inception of 105% and a down-capture ratio of 86%.