| Report Date | |
| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | Montgomery Lucent, a joint venture between Lucent Capital Partners and Montgomery Investment Management, is the investment manager of the Fund. Lucent Capital Partners is owned by its founders Gary Rollo and Dominic Rose. Gary and Dominic have worked together for three years as at February 2020 and have a combined three decades of portfolio management and equities research experience. The manager is able to invest up to 10% of the portfolio in pre-IPO opportunities. They search for companies likely to benefit from secular trends, industry change and with substantial competitive advantages. Cash typically ranges around 10%. |
| Manager Comments | Over the past 12 months, the fund's volatility has been 12.49% compared with the index's volatility of 10.43%, and since inception the fund's volatility has been 24.82% vs the index's volatility of 21.53%. The fund's Sharpe ratio has ranged from a high of 2.67 over the most recent 12 months to a low of 0.96 since inception. The fund's Sortino ratio (which excludes volatility in positive months) vs the index has ranged from a maximum of 12.14 over the most recent 12 months, to a low of 1.36 since inception. The fund has an up-capture ratio of 150.17% since inception and 124.35% over the past 12 months. |
| More Information |
