As at May 2024
Nikko AM Global Share Fund
Performance Summary as at May 2024
The Nikko AM Global Share Fund has a track record of 28 years and 4 months and has outperformed the All Countries World (AUD) benchmark since inception in February 1996, providing investors with an annualised return of 8.57% compared with the benchmark's return of 7.77% over the same period.
On a calendar year basis, the fund has experienced a negative annual return on 8 occasions in the 28 years and 4 months since its inception. Over the past 12 months, the fund's largest drawdown was -6.6% vs the index's -6.22%, and since inception in February 1996 the fund's largest drawdown was -48.38% vs the index's maximum drawdown over the same period of -47.44%. The fund's maximum drawdown began in November 2000 and lasted 13 years, reaching its lowest point during March 2003. The fund had completely recovered its losses by November 2013.
The Manager has delivered these returns with 0.19% more volatility than the benchmark, contributing to a Sharpe ratio which has fallen below 1 four times over the past five years and which currently sits at 0.43 since inception. The fund has provided positive monthly returns 93% of the time in rising markets and 14% of the time during periods of market decline, contributing to an up-capture ratio since inception of 90% and a down-capture ratio of 99%.
Cumulative Returns Fund Index
Nikko AM Global Share Fund - Cumulative Performance vs All Countries World Index (AUD)
Drawdowns Fund Index
Drawdown%
Quintile Ranking vs. Equity Alternative - Global as at May 2024
The performance of the Nikko AM Global Share Fund ranked it in the first or second quintile for Total Return over 1, 5 & 7 years, and in the first quintile for Sharpe and Sortino over 7 years, while over 5 years the fund ranked in the second quintile for Volatility, Sharpe and Sortino and over 1 year it ranked in the second quintile for Sortino.