CC Jamieson Coote Bonds Global Bond Fund (Class B - Unhedged)

Performance Summary as at November 2022

The CC Jamieson Coote Bonds Global Bond Fund (Class B - Unhedged) has a track record of 3 years and 9 months 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 March 2019, providing investors with an annualised return of 1.02% compared with the benchmark's return of -0.33% over the same period.

On a calendar year basis, the fund has only experienced a negative annual return once in the 3 years and 9 months since its inception. Over the past 12 months, the fund's largest drawdown was -9.09% vs the index's -10.05%, and since inception in March 2019 the fund's largest drawdown was -23.23% vs the index's maximum drawdown over the same period of -12.97%. The fund's maximum drawdown began in April 2020 and has so far lasted 2 years and 7 months, reaching its lowest point during March 2022.

The Manager has delivered these returns with 6.49% more volatility than the benchmark, contributing to a Sharpe ratio which has fallen below 1 three times over the past three years and which currently sits at 0.09 since inception. The fund has provided positive monthly returns 68% of the time in rising markets and 30% of the time during periods of market decline, contributing to an up-capture ratio since inception of 134% and a down-capture ratio of 107%.

Cumulative Returns
Fund Index

CC Jamieson Coote Bonds Global Bond Fund (Class B - Unhedged) - Cumulative Performance vs Bloomberg AusBond Composite 0+ Yr Index

 

Drawdowns
Fund Index

Drawdown%

 
Fund Index

General Notes

February 2019 return shown is for performance from 25 Feb 2019 - 28 Feb 2019. As a result, the 'Annualised Return Since Inception' figure shown in the Performance & Risk tab differs slightly from that shown in the manager's monthly report.

Quintile Ranking vs. Fixed Income - Bonds as at November 2022

The performance of the CC Jamieson Coote Bonds Global Bond Fund (Class B - Unhedged) ranked it in the second quintile for Total Return, Sharpe and Sortino over 3 years, while over 1 year the fund ranked in the first quintile for Total Return, Sharpe and Sortino.

1 Year
3 Year
5 Year
7 Year
CC Jamieson Coote Bonds Global Bond Fund (Class B - Unhedged)
Bloomberg AusBond Composite 0+ Yr Index
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.