As at May 2024
Regal Australian Small Companies Fund
Performance Summary as at May 2024
The Regal Australian Small Companies Fund has a track record of 9 years and 4 months and has outperformed the ASX 200 Total Return benchmark since inception in February 2015, providing investors with an annualised return of 24.09% compared with the benchmark's return of 7.88% over the same period.
On a calendar year basis, the fund has experienced a negative annual return on 3 occasions in the 9 years and 4 months since its inception. Over the past 12 months, the fund's largest drawdown was -4.05% vs the index's -7.19%, and since inception in February 2015 the fund's largest drawdown was -52.54% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 9 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by November 2020.
The Manager has delivered these returns with 13.55% 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 0.88 since inception. The fund has provided positive monthly returns 84% of the time in rising markets and 49% of the time during periods of market decline, contributing to an up-capture ratio since inception of 312% and a down-capture ratio of 90%.
Cumulative Returns Fund Index
Regal Australian Small Companies Fund - Cumulative Performance vs ASX 200 Total Return
Drawdowns Fund Index
Drawdown%
Quintile Ranking vs. Equity Alternative - Australia as at May 2024
The performance of the Regal Australian Small Companies Fund ranked it in the first quintile for Total Return over all time periods, and in the first quintile for Sharpe and Sortino over 7 years, while over 5 years the fund ranked in the second quintile for Sharpe and Sortino and over 1 year it ranked in the first or second quintile for all other KPIs except Volatility.