In a recent post on their website, FundCalibre looked to identify which of their Elite Rated fund have (almost) never lost investors money.
"Out of the 91 funds on the list, SVS Church House Tenax Absolute Return Strategies has the lowest monthly volatility** at 3.64%. It is managed by James Mahon and Jeremy Wharton, who invest across a wide range of lowly-correlated asset classes. They base their decisions on broader themes such as political risk, interest rate and inflation outlooks, and will balance the asset class weightings accordingly."
Tenax, which has recently won 3 and 5 year performance awards from Lipper, is available across a wide range of retail platforms and also in Church House private client portfolios. The simplicity of our approach and consistency of the results have seen the fund grow in value by in excess of 90% over the twelve-months to 31st May 2018.
Important notes from the FundCalibre post.
*All figures based on study ran in FE Analytics, 1 January 2008 to 31 December 2017, total return in sterling terms. Correct as of Friday 12 May 2018.
**Volatility is the fluctuation in the price of an investment. In our data, the average monthly price fluctuation per year was calculated. We did this over 10 years to the end of 2017. The average from each of these 10 years was then taken, which left us with our final volatility percentage. In other words, our figures show the average monthly volatility of the funds, over each year, over the course of the last decade to the end of 2017.
Technically speaking, we looked at the annualised volatility data, over monthly return periods, over the last decade to the end of last year.
Past performance is not a reliable guide to future returns. You may not get back the amount originally invested, and tax rules can change over time. The views of the author and any people interviewed are their own and do not constitute financial advice.