Aoris International Fund

Performance Summary as at June 2024

The Aoris International Fund has a track record of 6 years and 3 months and has outperformed the All Countries World (AUD) benchmark since inception in April 2018, providing investors with an annualised return of 16% compared with the benchmark's return of 11.93% over the same period.

On a calendar year basis, the fund has only experienced a negative annual return once in the 6 years and 3 months since its inception. Over the past 12 months, the fund's largest drawdown was -4.92% vs the index's -6.22%, and since inception in April 2018 the fund's largest drawdown was -20.16% 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 3 months, reaching its lowest point during June 2022. The fund had completely recovered its losses by April 2023.

The Manager has delivered these returns with 3.53% more volatility than the benchmark, contributing to a Sharpe ratio which has fallen below 1 two times over the past five years and which currently sits at 0.97 since inception. The fund has provided positive monthly returns 89% of the time in rising markets and 32% of the time during periods of market decline, contributing to an up-capture ratio since inception of 133% and a down-capture ratio of 101%.