Claremont Global Fund

Performance Summary as at April 2024

The Claremont Global Fund has a track record of 10 years and 3 months and has outperformed the All Countries World (AUD) benchmark since inception in February 2014, providing investors with an annualised return of 13.58% compared with the benchmark's return of 11.88% over the same period.

On a calendar year basis, the fund has only experienced a negative annual return once in the 10 years and 3 months since its inception. Over the past 12 months, the fund's largest drawdown was -6.61% vs the index's -6.22%, and since inception in February 2014 the fund's largest drawdown was -18.5% vs the index's maximum drawdown over the same period of -16.02%. The fund's maximum drawdown began in January 2022 and lasted 1 year and 5 months, reaching its lowest point during September 2022. The fund had completely recovered its losses by June 2023.

The Manager has delivered these returns with 1.61% more volatility than the benchmark, contributing to a Sharpe ratio which has fallen below 1 three times over the past five years and which currently sits at 1.01 since inception. The fund has provided positive monthly returns 88% of the time in rising markets and 20% of the time during periods of market decline, contributing to an up-capture ratio since inception of 107% and a down-capture ratio of 95%.