May 2023

Australian Income Strategy - Low Volatility

Performance (VAMI)

Monthly Returns

 

Strategy Overview:

The objective of the HarbourSide Income Strategy is to generate relatively consistent returns combined with lower volatility in the long term. The strategy aims to provide a strong income flow of approximately 7% inclusive of franking credits.

Statistics

Last Month -1.74%
3 Months Rate of Return -0.84%
Year To Date 0.77%
12 Months Rate of Return -4.15%
36 Months Rate of Return -1.15%
Average Rate of Return 1.54%
Winning Months (%) 59.52%
Average Winning Month 1.62%
Total Return Cumulative 17.35%
Risk Adjusted Returns Since Inception -
Exposure % Since Inception -

General Information

Investment AdviserHarbourSide Capital Pty. Ltd.
AFS Representative Number' 448907
LocationSydney, Australia
Phone+61 (02) 9432 7850
E-mail[email protected]
Skype

General Information

Inception DateDec 2012
Minimum Investment50,000 AUD
1M YTD 12 Months Rate of Return 36 Months Rate of Return Total
Australian Income Strategy - Low Volatility -1.74% 0.77% -4.15% -1.15% 17.35%
S&P 500 TR 0.43% 9.64% 2.92% 44.00% 261.37%
MSCI World -1.32% 6.77% -0.99% 26.88% 101.28%

Strategy Description


The HarbourSide Income Strategy is an conservative strategy whose objective is to generate relatively consistent returns combined with lower volatility over the long term. The Strategy is a diversified strategy, appropriate for investors who prioritise income over capital gains. The strategy is defensive in nature and will likely under-perform a growth strategy in strong market conditions.

The portfolios are actively, concentrated strategies that looks to identify and invest in Equities that show a strong dividend history, are profitable and show good consistent return history. We believe that this multi-factor approach is key in identifying companies that will continue to provide reasonable capital gain and a strong dividend income over the long term. 

Depending on market conditions it can invest in a range of cash, fixed interest and listed securities in order to meet investment targets. The strategy will hold a much larger weighting to defensive assets in poor market conditions than traditional equity only strategies. 

Usually, equities exposure will be confined to the ASX 300. Performance tables below understate performance by up to 1.5% as they do not take into account any franking credits that clients may be eligable for.  

Performance Aims The strategy typically targets returns of 4-8% pa after fees and with much lower drawdowns than overall equity markets.  

Statistics

Sharpe Ratio (3 Month T-Bill) -2.14
Sharpe Ratio (10 Year T-Note) -0.44
Sortino Ratio (3 Month T-Bill) -0.07
Sortino Ratio (10 Year T-Note) -0.42
Average Monthly Return 0.13%
Average Winning Month 1.62%
Average Losing Month -1.99%
Best Month 4.78%
Worst Month -13.60%
Max Drawdown (Monthly) -21.88%
Current Drawdown -18.75
Yearly Volatility 8.36%

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 2.02 -0.38 0.54 0.37 -1.74 0.77
2022 -3.49 1.11 2.89 0.55 -3.99 -3.66 1.47 -1.81 -3.99 1.64 2.61 -1.04 -7.81
2021 -0.92 -0.97 0.18 0.63 0.41 2.39 0.72 1.07 -2.15 -2.63 0.50 2.28 1.39
2020 3.32 -5.94 -13.60 0.84 0.30 0.25 0.49 0.40 -1.88 2.00 2.10 1.54 -10.88
2019 1.33 1.86 1.58 -0.37 0.39 2.91 1.55 -1.17 -0.09 -0.75 1.85 -2.61 6.53
2018 -0.73 -1.23 -0.98 3.21 -0.91 1.13 -1.32 3.57 -0.61 -5.74 -1.21 0.24 -4.79
2017 -1.39 2.45 0.17 -1.56 -1.98 1.47 0.13 2.47 1.46 3.78 2.11 0.54 9.89
2016 -0.95 0.52 0.93 0.62 2.86 -0.46 3.79 -1.45 0.34 -4.57 -1.54 2.44 2.27
2015 2.98 4.08 -0.07 -0.45 0.22 -3.45 2.77 -1.79 -0.93 1.15 0.57 0.95 5.94
2014 -0.65 2.61 0.66 -0.40 0.53 -1.19 2.58 2.02 -2.23 1.62 -0.18 0.94 6.36
2013 3.82 3.97 -0.18 3.10 -2.62 -2.73 4.78 -2.33 0.15 1.10 -2.59 0.26 6.48
2012 2.20 2.20
Past performance is no guarantee or reliable indication of future results. Performance data is collated from real-time trading accounts. Because these strategies are run as individual portfolios and individual clients’ holdings, performance can differ slightly from one client to another. This can be due to differing start dates, available liquidity or risk profiles and other variables. Performance figures are net of Harbourside Capital management fees and commissions charged by Interactive Brokers but does not include Harbourside Capital Annual flat fee of $330.

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -21.88% 32 0 02/2020 -
2 -7.45% 3 7 09/2018 06/2019
3 -7.09% 4 11 08/2016 10/2017
4 -5.28% 2 14 05/2013 08/2014
5 -3.75% 7 8 03/2015 05/2016

Return Report

Period LastBestWorstAverageMedianWinning %
1 Month -1.74%4.78%-13.60%0.16%0.40%59.52%
3 Months -0.84%10.32%-18.05%0.44%0.68%59.68%
6 Months -0.27%11.94%-17.34%0.66%1.20%61.16%
1 Year -4.15%11.97%-17.03%1.09%2.25%66.09%
2 Years -5.16%16.26%-16.19%2.73%5.78%65.05%
3 Years -1.15%21.47%-20.54%3.42%8.98%59.34%
5 Years -14.25%37.08%-15.51%7.59%0.72%52.24%

Time Window Analysis

1 Month3 Months6 Months1 Year2 Years3 Years5 Years
Average ROR-18.99%-3.33%-0.55%-4.15%-2.62%-0.39%-3.03%
% Positive0.00%66.67%50.00%50.00%58.33%63.89%60.00%
Avg. Pos. Period - 0.46%0.98%1.44%1.44%1.22%1.36%
Avg. Neg. Period-1.74%-1.74%-1.05%-2.10%-2.49%-2.20%-2.59%
Sharpe Ratio0.00-0.92-0.11-0.55-0.31-0.02-0.28
Sortino Ratio-3.46-0.97-0.19-0.70-0.43-0.07-0.37
Standard Deviation0.00%1.04%1.21%2.08%2.18%1.92%2.72%
Downside Deviation1.74%1.00%0.84%1.75%1.79%1.51%2.41%
Volatility0.00%3.59%4.18%7.19%7.56%6.65%9.42%
THE FACT SHEET CONTAINS GENERAL INFORMATION ONLY AND DOES NOT TAKE INTO ACCOUNT INDIVIDUAL FINANCIAL CIRCUMSTANCES. INVESTORS SHOULD CONSIDER THE INFORMATION MEMORANDUM AND SEEK INDEPENDENT ADVICE TO DECIDE IF THE STRATEGY IS APPROPRIATE TO THEIR CIRCUMSTANCES HARBOURSIDE CAPITAL PTY LTD (ACN 166 765 537) IS A CORPORATE AUTHORISED REPRESENTATIVE (AR NUMBER 448 907) OF HLK GROUP PTY LTD (ACN 161 284 500) WHICH HOLDS AN AUSTRALIAN FINANCIAL SERVICES LICENCE (AFSL 435746). THIS MATERIAL IS GENERAL IN NATURE AND SHOULD NOT BE CONSIDERED BY THE RECIPIENT AS A RECOMMENDATION RELATING TO THE ACQUISITION OR DISPOSAL OF INVESTMENTS. THIS MATERIAL DOES NOT CONTAIN SUFFI CIENT INFORMATION TO SUPPORT AN INVESTMENT DECISION AND INVESTORS SHOULD ENSURE THAT THEY OBTAIN ALL AVAILABLE RELEVANT INFORMATION, INCLUDING THE INVESTMENT MEMORANDUM, BEFORE MAKING AN INVESTMENT. ANY ADVICE PROVIDED PREVIOUS TO A STATEMENT OF ADVICE (SOA) IS GENERAL ADVICE ONLY AND IS BASED SOLELY ON CONSIDERATION OF THE INVESTMENT OR TRADING MERITS OF THE FINANCIAL PRODUCTS ALONE, WITHOUT TAKING INTO ACCOUNT THE INVESTMENT OBJECTIVES, FINANCIAL SITUATION AND PARTICULAR NEEDS (I.E. FI NANCIAL CIRCUMSTANCES) OF ANY PARTICULAR PERSON. THE FINANCIAL SERVICES GUIDE SHOULD BE CONSIDERED BEFORE DECIDING TO DEAL WITH HARBOURSIDE CAPITAL PTY LTD. BEFORE ACTING ON ANY INFORMATION ON THIS WEBSITE, YOU SHOULD CONSIDER THE APPROPRIATENESS OF IT (AND ANY RELEVANT PRODUCT) HAVING REGARD TO YOUR CIRCUMSTANCES AND YOU SHOULD CAREFULLY READ AND REVIEW THE PDS OF THE RELEVANT FINANCIAL PRODUCT AS PROVIDED BEFORE ACQUIRING THE PRODUCT.