May 2023

Australian Growth Plus Strategy - Triple Momentum Factors

Growth of $10,000

Net Monthly Returns

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Strategy Overview:

HarbourSide’s Growth Plus Strategy aims to outperform the Small Ordinaries (XSO) over the medium to long term (5+ years) while providing a less volatile investment experience than traditional methodologies.

Statistics

Last Month -1.14%
3 Months Rate of Return -2.33%
Year To Date -2.95%
12 Months Rate of Return -13.06%
36 Months Rate of Return -20.64%
Average Rate of Return -0.41%
Winning Months (%) 50.65%
Average Winning Month 2.79%
Total Return Cumulative -2.57%
Risk Adjusted Returns Since Inception -3.38%
Exposure % Since Inception 76.19%

Corporate Overview:

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

Investment Summary:

Inception DateJan 2017
Minimum Investment50,000 AUD
1M YTD 12 Months Rate of Return 36 Months Rate of Return Total
Australian Growth Plus Strategy - Triple Momentum Factors -1.14% -2.95% -13.06% -20.64% -2.57%
XSOA - Small Ords Accumulation Index 0.80% 2.01% 51.16% 26.21% 47.24%
2y (pa) 3y (pa) 5y (pa) Inception (pa)
Australian Growth Plus Strategy - Triple Momentum Factors -18.47% -7.42% -3.77% -0.41%
XSOA - Small Ords Accumulation Index 9.19% 8.07% - 9.53%

Strategy Summary:

The Growth Plus strategy is a triple Mometum Factor strategy. It looks to identify the strongest stocks in the market on a relative strength basis while also making sure that there is positive market momentum and earnings momentum. The use of this triple momentum approach generates a very robust overall approach. It is an actively managed strategy, highly sensitive to overall market conditions often moving quickly between a 100% cash and 100% invested position. A risk-averse approach is still maintained by turning to cash in weaker markets.

The Strategy invests in listed Australian securities focused on generating returns over the medium to long term (5+ years). The main purpose of the Strategy is to seek capital growth from investment, while minimising the risk of owning listed securities. The Strategy typically invests in high growth stocks, often characterised by emerging companies that show strong relative performance against the overall market. The Strategy does not exclude more established companies although these do not meet the investment criteria as regularly. In strong overall market conditions the Strategy will be 100% invested in equities.

Performance Aims The strategy aims to outperform the Australian Small Ordinaries (XSO) over the medium to long term (5+ years) while providing a less volatile investment experience than direct exposure to the market and providing protection in poor market conditions by returning quickly to cash.  

Statistics

Sharpe Ratio (3 Month T-Bill) -9.71
Sharpe Ratio (10 Year T-Note) -
Sortino Ratio (3 Month T-Bill) -0.34
Sortino Ratio (10 Year T-Note) -0.46
Average Monthly Return -0.03%
Average Winning Month 2.79%
Average Losing Month -2.77%
Best Month 9.57%
Worst Month -11.76%
Max Drawdown (Monthly) -35.20%
Current Drawdown -35.20
Yearly Volatility 13.61%
Correlation vs. XSOA - Small Ords Accumulation Index 0.66
Information Ratio vs XSOA - Small Ords Accumulation Index -0.11

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2023 -0.52 -0.11 -1.00 -0.21 -1.14 -2.95
2022 -11.76 -5.55 3.53 -3.30 -9.39 -8.93 1.03 0.54 -1.07 -0.26 -0.72 -1.15 -32.28
2021 3.04 -4.45 -3.34 5.94 -0.37 -1.56 -1.96 6.04 -4.28 -0.69 2.00 1.93 1.60
2020 4.43 -7.56 -8.26 1.94 2.96 0.46 6.44 8.91 -1.27 3.77 0.65 -1.03 10.47
2019 0.44 6.82 2.67 9.57 2.08 1.13 2.66 -5.89 1.09 0.32 -0.55 -2.54 18.33
2018 0.48 3.81 -2.23 2.67 1.08 0.02 -0.44 5.23 -0.27 -7.74 -0.66 -1.30 0.05
2017 -1.03 0.09 -0.32 -0.41 -2.17 1.84 0.07 3.83 0.31 5.69 1.66 1.68 11.56
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 -35.20% 28 0 02/2021 -
2 -18.08% 8 5 08/2019 08/2020
3 -9.78% 4 4 09/2018 04/2019
4 -3.80% 5 3 01/2017 08/2017
5 -2.23% 1 1 03/2018 04/2018

Return Report

Period LastBestWorstAverageMedianWinning %
1 Month -1.14%9.57%-11.76%0.04%0.02%50.65%
3 Months -2.33%20.17%-20.20%0.24%-0.49%48.00%
6 Months -4.06%27.35%-31.15%0.77%-1.03%44.44%
1 Year -13.06%23.37%-32.28%1.53%5.94%63.64%
2 Years -33.52%45.62%-33.57%6.03%9.27%70.37%
3 Years -20.64%40.44%-27.78%10.04%21.24%66.67%
5 Years -17.48%48.23%-17.48%5.24%1.14%55.56%

Time Window Analysis

1 Month3 Months6 Months1 Year2 Years3 Years5 Years
Average ROR-12.85%-9.01%-7.96%-13.06%-18.47%-7.42%-3.77%
% Positive0.00%0.00%0.00%16.67%25.00%36.11%45.00%
Avg. Pos. Period - - - 0.79%2.51%3.41%3.17%
Avg. Neg. Period-1.14%-0.78%-0.69%-1.51%-2.98%-2.79%-3.01%
Sharpe Ratio0.00-6.63-5.55-1.60-1.41-0.45-0.18
Sortino Ratio-3.46-3.07-2.94-1.51-1.47-0.66-0.34
Standard Deviation0.00%0.41%0.43%2.44%3.95%4.22%4.27%
Downside Deviation1.14%0.88%0.81%2.67%3.97%3.38%3.27%
Volatility0.00%1.42%1.49%8.46%13.69%14.60%14.80%
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 SUFFICIENT 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. FINANCIAL 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.