The WealthLander Diversified Alternative Fund has a track record of 1 year and 7 months and therefore comparison over all market conditions and against its peers is limited. However, the fund has underperformed the Barclay Hedge Global Macro Index since inception in February 2021, providing investors with an annualised return of 7.99% compared with the index's return of 9.71% over the same period.
Over the past 12 months, the fund's largest drawdown was -11.74% vs the index's -2.68%, and since inception in February 2021 the fund's largest drawdown was -11.74% vs the index's maximum drawdown over the same period of -2.68%. The fund's maximum drawdown began in April 2022 and has lasted 4 months, reaching its lowest point during June 2022.
The Manager has delivered these returns with 4.18% more volatility than the index, contributing to a Sharpe ratio for performance over the past 12 months of -0.04 and for performance since inception of 0.81. The fund has provided positive monthly returns 77% of the time in rising markets and 50% of the time during periods of market decline, contributing to an up-capture ratio since inception of 91% and a down-capture ratio of 116%.
The performance of the WealthLander Diversified Alternative Fund ranked it in the second quintile for Total Return, Sharpe and Sortino over 1 year.