| 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 | |
| Manager Comments | The L1 Capital Long Short Fund (Monthly Class) has a track record of 8 years and 2 months and has outperformed the ASX 200 Total Return Index since inception in September 2014, providing investors with an annualised return of 19.73% compared with the index's return of 6.78% over the same period. On a calendar year basis, the fund has only experienced a negative annual return once in the 8 years and 2 months since its inception. Over the past 12 months, the fund's largest drawdown was -19.5% vs the index's -11.9%, and since inception in September 2014 the fund's largest drawdown was -39.11% vs the index's maximum drawdown over the same period of -26.75%. The fund's maximum drawdown began in February 2018 and lasted 2 years and 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 6.53% 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 0.91 since inception. The fund has provided positive monthly returns 79% of the time in rising markets and 62% of the time during periods of market decline, contributing to an up-capture ratio since inception of 86% and a down-capture ratio of 27%. |
| More Information |
