MCP Master Income Trust (ASX: MXT)

Performance Summary as at March 2024

The MCP Master Income Trust (ASX: MXT) has a track record of 6 years and 6 months and has outperformed the Bloomberg AusBond Composite 0+ Yr benchmark since inception in October 2017, providing investors with an annualised return of 6% compared with the benchmark's return of 1.56% over the same period.

On a calendar year basis, the fund hasn't experienced any negative annual returns in the 6 years and 6 months since its inception. Since inception in October 2017, 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 4.5% less volatility than the benchmark, contributing to a Sharpe ratio which has consistently remained above 1 over the past five years and which currently sits at 21.85 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 42% and a down-capture ratio of -49%.