Annual Returns

Actual performance (historic returns) is what matters most. It’s where the buck stops. Without a history of quality actual returns to show, investors have little reason to have confidence in their funds manager.

Historic returns are of course no indicator of future performance. However, they provide the only factual basis upon which an investor can determine who is and who isn’t performing. Performance relative to the market average is the most meaningful information to an investor.

The vast majority of fund managers internationally underperform the market. Our objective is to ourperform the market average.

*Average annual equity portfolio return after the performance fee - includes all client portfolios managed on a discretionary basis for the full year
**The ASX200 is the most relevant market comparison.