Performance Report: Argonaut Natural Resources Fund

8 Apr 2022 - FundMonitors.com

The Argonaut Natural Resources Fund rose by +11.6% in March, an outperformance of +4.71% compared with the ASX 200 Total Return Index which rose by +6.89%. Over the past 12 months, the fund has risen by +97.82% compared with the index...

8 Apr 2022 - Performance Report: Argonaut Natural Resources Fund

By: FundMonitors.com

Report Date	08 April 2022
Manager	Argonaut Securities
Fund Name	Argonaut Natural Resources Fund
Strategy	Equity Long/Short
Latest Return Date	March 2022
Latest Return	11.60%
Latest 6 Months	51.21%
Latest 12 Months	97.82%
Latest 24 Months (pa)	85.37%
Annualised Since Inception	61.35%
Inception Date	21 January 2020
FUM (millions)	AU$9.55
Fund Overview	Argonaut Natural Resources Fund ('ANRF') is an actively managed wholesale fund investing in listed resource and mining service companies. ANRF seeks to create a diversified portfolio of investments which will generate absolute returns in excess of the S&P ASX 300 Resources Index. The Fund typically holds between 10 and 25 separate equity investments. Its portfolio is built around a rigorous investment process that assesses Market conditions and Macro economic influences, then conducts detailed Micro stock specific analysis. At times, ANRF may consider holding higher levels of cash (max 30%) if valuations are full and it is difficult to find attractive investment opportunities. The Fund does not borrow for investment or any other purposes, but it may short sell securities as part of its portfolio protection strategies.
Manager Comments	The Argonaut Natural Resources Fund rose by +11.6% in March, an outperformance of +4.71% compared with the ASX 200 Total Return Index which rose by +6.89%. Over the past 12 months, the fund has risen by +97.82% compared with the index which has returned +14.97%, for a difference of +82.85%. The Argonaut Natural Resources Fund has a track record of 2 years and 3 months and therefore comparison over all market conditions and against its peers is limited. However, the fund has outperformed the ASX 200 Total Return Index since inception in January 2020, providing investors with an annualised return of 61.35% compared with the index's return of 9.06% over the same period. On a calendar year basis, the fund hasn't experienced any negative annual returns in the 2 years and 3 months since its inception. Over the past 12 months, the fund's largest drawdown was -3.38% vs the index's -6.35%, and since inception in January 2020 the fund's largest drawdown was -14.61% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 3 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by May 2020. The Manager has delivered these returns with 1.4% more volatility than the index, contributing to a Sharpe ratio for performance over the past 12 months of 4.57 and for performance since inception of 2.41. The fund has provided positive monthly returns 80% of the time in rising markets and 57% of the time during periods of market decline, contributing to an up-capture ratio since inception of 201% and a down-capture ratio of -16%.
More Information	View Fund's Profile View Manager's Report

Performance Report: AIM Global High Conviction Fund

7 Apr 2022 - FundMonitors.com

The AIM Global High Conviction Fund returned -0.97% in March, an outperformance of +0.05% compared with the Global Equity Index which fell by -1.02%. The fund has outperformed the index since inception in July 2019, providing investors...

7 Apr 2022 - Performance Report: AIM Global High Conviction Fund

By: FundMonitors.com

Report Date	07 April 2022
Manager	Aitken Investment Management
Fund Name	AIM Global High Conviction Fund
Strategy	Equity Long
Latest Return Date	March 2022
Latest Return	-0.97%
Latest 6 Months	-1.73%
Latest 12 Months	13.41%
Latest 24 Months (pa)	16.87%
Annualised Since Inception	13.23%
Inception Date	19 July 2019
FUM (millions)	AU$102
Fund Overview	The Fund began on 7 July 2015. The strategy and investment team changed on 19 July 2019. Performance data shown is from July 2019. AIM are 'business-first' rather than 'security-first' investors, and see themselves as part owners of the businesses they invest in. AIM look for the following characteristics in the businesses they want to own: - Strong competitive advantages that enable consistently high returns on capital throughout an economic cycle, combined with the ability to reinvest surplus capital at high marginal returns. - A proven ability to generate and grow cash flows, rather than accounting based earnings. - A strong balance sheet and sensible capital structure to reduce the risk of failure when the economic cycle ends or an unexpected crisis occurs. - Honest and shareholder-aligned management teams that understand the principles behind value creation and have a proven track record of capital allocation. They look to buy businesses that meet these criteria at attractive valuations, and then intend to hold them for long periods of time. AIM intend to own between 15 and 25 businesses at any given point. They do not seek to generate returns by constantly having to trade in and out of businesses. Instead, they believe the Fund's long-term return will approximate the underlying economics of the businesses they own. They are bottom-up, fundamental investors. They are cognizant of macro-economic conditions and geo-political risks, however, they do not construct the Fund to take advantage of such events. AIM intend for the portfolio to be between 90% and 100% invested in equities. AIM do not engage in shorting, nor do they use leverage to enhance returns. The Fund's investable universe is global, and AIM look for businesses that have a market capitalisation of at least $7.5bn to guarantee sufficient liquidity to investors.
Manager Comments	The AIM Global High Conviction Fund returned -0.97% in March, an outperformance of +0.05% compared with the Global Equity Index which fell by -1.02%. The AIM Global High Conviction Fund has a track record of 2 years and 9 months and therefore comparison over all market conditions and against its peers is limited. However, the fund has outperformed the Global Equity Index since inception in July 2019, providing investors with an annualised return of 13.23% compared with the index's return of 10.89% over the same period. On a calendar year basis, the fund hasn't experienced any negative annual returns in the 2 years and 9 months since its inception. Over the past 12 months, the fund's largest drawdown was -11.11% vs the index's -8.41%, and since inception in July 2019 the fund's largest drawdown was -11.11% vs the index's maximum drawdown over the same period of -13.19%. The fund's maximum drawdown began in January 2022 and has lasted 2 months, reaching its lowest point during March 2022. During this period, the index's maximum drawdown was -8.41%. The Manager has delivered these returns with 0.67% more volatility than the index, contributing to a Sharpe ratio for performance over the past 12 months of 1 and for performance since inception of 1.1. The fund has provided positive monthly returns 90% of the time in rising markets and 0% of the time during periods of market decline, contributing to an up-capture ratio since inception of 112% and a down-capture ratio of 98%.
More Information	View Fund's Profile View Manager's Report

Performance Report: Argonaut Natural Resources Fund

30 Mar 2022 - FundMonitors.com

The Argonaut Natural Resources Fund rose by +4% in February, an outperformance of +1.86% compared with the ASX 200 Total Return Index which rose by +2.14%. Over the past 12 months, the fund has risen by +67.92% compared with the index...

30 Mar 2022 - Performance Report: Argonaut Natural Resources Fund

By: FundMonitors.com

Report Date	30 March 2022
Manager	Argonaut Securities
Fund Name	Argonaut Natural Resources Fund
Strategy	Equity Long/Short
Latest Return Date	February 2022
Latest Return	4.00%
Latest 6 Months	40.77%
Latest 12 Months	67.92%
Latest 24 Months (pa)	66.48%
Annualised Since Inception	56.23%
Inception Date	21 January 2020
FUM (millions)	AU$8.22
Fund Overview	Argonaut Natural Resources Fund ('ANRF') is an actively managed wholesale fund investing in listed resource and mining service companies. ANRF seeks to create a diversified portfolio of investments which will generate absolute returns in excess of the S&P ASX 300 Resources Index. The Fund typically holds between 10 and 25 separate equity investments. Its portfolio is built around a rigorous investment process that assesses Market conditions and Macro economic influences, then conducts detailed Micro stock specific analysis. At times, ANRF may consider holding higher levels of cash (max 30%) if valuations are full and it is difficult to find attractive investment opportunities. The Fund does not borrow for investment or any other purposes, but it may short sell securities as part of its portfolio protection strategies.
Manager Comments	The Argonaut Natural Resources Fund rose by +4% in February, an outperformance of +1.86% compared with the ASX 200 Total Return Index which rose by +2.14%. Over the past 12 months, the fund has risen by +67.92% compared with the index which has returned +10.19%, for a difference of +57.73%. The Argonaut Natural Resources Fund has a track record of 2 years and 2 months and therefore comparison over all market conditions and against its peers is limited. However, the fund has outperformed the ASX 200 Total Return Index since inception in January 2020, providing investors with an annualised return of 56.23% compared with the index's return of 6.11% over the same period. On a calendar year basis, the fund hasn't experienced any negative annual returns in the 2 years and 2 months since its inception. Over the past 12 months, the fund's largest drawdown was -3.38% vs the index's -6.35%, and since inception in January 2020 the fund's largest drawdown was -14.61% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2020 and lasted 3 months, reaching its lowest point during March 2020. The fund had completely recovered its losses by May 2020. The Manager has delivered these returns with 1.25% more volatility than the index, contributing to a Sharpe ratio for performance over the past 12 months of 3.07 and for performance since inception of 2.28. The fund has provided positive monthly returns 79% of the time in rising markets and 57% of the time during periods of market decline, contributing to an up-capture ratio since inception of 195% and a down-capture ratio of -16%.
More Information	View Fund's Profile View Manager's Report

Fund Review: Insync Global Capital Aware Fund February 2022

25 Mar 2022 - FundMonitors.com

Latest Fund Review on Insync Global Capital Aware Fund is now available. The Global Capital Aware Fund invests in a concentrated portfolio of 15-30 stocks, targeting exceptional, large cap global companies with a strong focus on dividend...

Performance Report: Laureola Australia Feeder Fund

24 Mar 2022 - FundMonitors.com

Over the past 12 months, the Laureola Master Fund has risen by +3.06% compared with the Bloomberg AusBond Composite 0+ Yr Index which has fallen -1.09%, for a difference of +4.15%. The fund has outperformed the index since inception in May...

24 Mar 2022 - Performance Report: Laureola Australia Feeder Fund

By: FundMonitors.com

Report Date	24 March 2022
Manager	Laureola Advisors
Fund Name	Laureola Australia Feeder Fund
Strategy	Life Settlements
Latest Return Date	February 2022
Latest Return	-2.33%
Latest 6 Months	-0.80%
Latest 12 Months	3.06%
Latest 24 Months (pa)	5.92%
Annualised Since Inception	14.50%
Inception Date	01 May 2013
FUM (millions)	US$60
Fund Overview	The Laureola Investment Fund's strategy is to provide investors with exposure to the returns of life settlements in a risk mitigated manner. Life Settlements are resold life insurance policies and can be thought of as a form of finance extended to an individual backed by the person's life insurance policy. This financing is repaid upon maturity by collecting the death benefit from the insurance company. Risk mitigation measures implemented by Laureola include science-driven due diligence of policies, active monitoring of insured through a vertically integrated operation, and investor aligned fund design.
Manager Comments	The Laureola Master Fund returned -2.33% in February, a difference of -1.12% compared with the Bloomberg AusBond Composite 0+ Yr Index which fell by -1.21%. The Laureola Master Fund has a track record of 8 years and 10 months and has outperformed the Bloomberg AusBond Composite 0+ Yr Index since inception in May 2013, providing investors with an annualised return of 14.5% compared with the index's return of 3.37% over the same period. On a calendar year basis, the fund hasn't experienced any negative annual returns in the 8 years and 10 months since its inception. Over the past 12 months, the fund's largest drawdown was -2.39% vs the index's -5.1%, and since inception in May 2013 the fund's largest drawdown was -4.9% vs the index's maximum drawdown over the same period of -5.39%. The fund's maximum drawdown began in December 2018 and lasted 10 months, reaching its lowest point during December 2018. The fund had completely recovered its losses by October 2019. During this period, the index's maximum drawdown was -0.98%. The Manager has delivered these returns with 2.15% more volatility than the index, contributing to a Sharpe ratio which has only fallen below 1 once over the past five years and which currently sits at 2.29 since inception. The fund has provided positive monthly returns 97% of the time in rising markets and 94% of the time during periods of market decline, contributing to an up-capture ratio since inception of 160% and a down-capture ratio of -223%.
More Information	View Fund's Profile View Manager's Report

Performance Report: Delft Partners Global High Conviction Strategy

24 Mar 2022 - FundMonitors.com

The Delft Partners Global High Conviction Strategy returned -4.37% in February, an outperformance of +1.37% compared with the Global Equity Index which fell by -5.74%. The strategy has outperformed the index since inception in August 2011,...

24 Mar 2022 - Performance Report: Delft Partners Global High Conviction Strategy

By: FundMonitors.com

Report Date	24 March 2022
Manager	Delft Partners
Fund Name	Delft Partners Global High Conviction Strategy
Strategy	Equity Long
Latest Return Date	February 2022
Latest Return	-4.37%
Latest 6 Months	-2.64%
Latest 12 Months	12.99%
Latest 24 Months (pa)	11.18%
Annualised Since Inception	15.08%
Inception Date	15 July 2011
FUM (millions)	AU$11.7
Fund Overview	The Global High Conviction Strategy seeks to outperform the MSCI World Index by 3-5% p.a. over rolling 5 year periods. The Fund invests in companies listed on major global developed market exchanges by combining 'fundamental' analysis with quantitative stock selection tools. There is typically a bias to large caps and a 'value' tilt resulting in higher dividend yield than the index. The quantitative model is proprietary and designed in-house. The critical elements are Valuation, Momentum, and Quality (VMQ) and every stock in the global universe is scored and ranked. Verification of the quant model scores is then cross checked by fundamental analysis in which a company's Accounting policies, Governance, and Strategic positioning is evaluated. The manager believes strategy is suited to investors seeking returns from investing in global companies, diversification away from Australia and a risk aware approach to global investing. It should be noted that this is a strategy in an IMA format and is not offered as a fund. An IMA solution can be a more cost and tax effective solution, for clients who wish to own fewer stocks in a long only strategy.
Manager Comments	The Delft Partners Global High Conviction Strategy returned -4.37% in February, an outperformance of +1.37% compared with the Global Equity Index which fell by -5.74%. The Delft Partners Global High Conviction Strategy has a track record of 10 years and 7 months and has outperformed the Global Equity Index since inception in August 2011, providing investors with an annualised return of 15.08% compared with the index's return of 13.83% over the same period. On a calendar year basis, the strategy has experienced a negative annual return on 2 occasions in the 10 years and 7 months since its inception. Over the past 12 months, the strategy's largest drawdown was -5.12% vs the index's -7.46%, and since inception in August 2011 the strategy's largest drawdown was -13.33% vs the index's maximum drawdown over the same period of -13.19%. The strategy's maximum drawdown began in February 2020 and lasted 1 year, reaching its lowest point during July 2020. The strategy had completely recovered its losses by February 2021. The Manager has delivered these returns with 1.37% more volatility than the index, contributing to a Sharpe ratio which has fallen below 1 four times over the past five years and which currently sits at 1.11 since inception. The strategy has provided positive monthly returns 88% of the time in rising markets and 13% of the time during periods of market decline, contributing to an up-capture ratio since inception of 100% and a down-capture ratio of 93%.
More Information	View Fund's Profile View Manager's Report

Fund Review: Bennelong Twenty20 Australian Equities Fund February 2022

24 Mar 2022 - FundMonitors.com

The latest Fund Review on Bennelong Twenty20 Australian Equities Fund is now available. The Fund invests in ASX listed stocks, combining an indexed position in the Top 20 stocks with an actively managed portfolio of ex-20 stocks.

Fund Review: Bennelong Kardinia Absolute Return Fund February 2022

23 Mar 2022 - FundMonitors.com

The latest Fund Review for the Bennelong Kardinia Absolute Return Fund is now available. The Fund, which has been in operation for more than 10 years, has a long-biased, research driven, active equity long/short strategy and invests in...

Fund Review: Bennelong Long Short Equity Fund February 2022

22 Mar 2022 - FundMonitors.com

Latest Fund Review for the Bennelong Long Short Equity Fund is now available. The Fund is a research driven, market and sector neutral, "pairs" trading strategy investing primarily in large-caps from the ASX/S&P100 Index...

Manager Insights | DS Capital

21 Mar 2022 - FundMonitors.com

Chris Gosselin, CEO of FundMonitors.com, speaks with Rodney Brott, CEO & Executive Director of DS Capital. The DS Capital Growth Fund has a track record of 9 years and 2 months and has outperformed the ASX 200 Total Return...

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News

8 Apr 2022 - Performance Report: Argonaut Natural Resources Fund

7 Apr 2022 - Performance Report: AIM Global High Conviction Fund

30 Mar 2022 - Performance Report: Argonaut Natural Resources Fund

25 Mar 2022 - Fund Review: Insync Global Capital Aware Fund February 2022

24 Mar 2022 - Performance Report: Laureola Australia Feeder Fund

24 Mar 2022 - Performance Report: Delft Partners Global High Conviction Strategy

24 Mar 2022 - Fund Review: Bennelong Twenty20 Australian Equities Fund February 2022

23 Mar 2022 - Fund Review: Bennelong Kardinia Absolute Return Fund February 2022

22 Mar 2022 - Fund Review: Bennelong Long Short Equity Fund February 2022

21 Mar 2022 - Manager Insights | DS Capital

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