The Revolution Wholesale Private Debt Fund II - Class B has a track record of 4 years and therefore comparison over all market conditions and against its peers is limited. However, the fund has outperformed the Bloomberg AusBond Composite 0+ Yr benchmark since inception in April 2020, providing investors with an annualised return of 6.13% compared with the benchmark's return of -1.42% over the same period.
On a calendar year basis, the fund hasn't experienced any negative annual returns in the 4 years since its inception. Since inception in April 2020, the fund hasn't had any negative monthly returns and therefore hasn't experienced a drawdown. Over the same period, the index's largest drawdown was -13.2%.
The Manager has delivered these returns with 5.2% less volatility than the benchmark, contributing to a Sharpe ratio which has consistently remained above 1 over the past four years and which currently sits at 12.69 since inception. The fund has provided positive monthly returns 100% of the time in rising markets and 100% of the time during periods of market decline, contributing to an up-capture ratio since inception of 43% and a down-capture ratio of -38%.
The performance of the Revolution Wholesale Private Debt Fund II - Class B ranked it in the first or second quintile for all KPIs except Total Return and Volatility over 3 years, while over 1 year the fund ranked in the first quintile for Sortino, Downside Deviation and Largest Drawdown.