April 2024

Harbourside Multi Strategy Wholesale Investment

Growth of $10,000

Net Monthly Returns


Statistics

Last Month -3.44%
3 Months Rate of Return 10.37%
Year To Date 14.00%
12 Months Rate of Return 9.58%
36 Months Rate of Return -9.24%
Average Rate of Return 19.37%
Winning Months (%) 57.95%
Average Winning Month 6.96%
Total Return Cumulative 266.29%
Risk Adjusted Returns Since Inception -
Exposure % Since Inception -

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 Investment250,000 AUD
1M YTD 12 Months Rate of Return 36 Months Rate of Return Total
Harbourside Multi Strategy Wholesale Investment -3.44% 14.00% 9.58% -9.24% 266.29%
Russell 1000 Index 0.50% 9.69% 3.35% 42.39% 107.72%
2y (pa) 3y (pa) 5y (pa) Inception (pa)
Harbourside Multi Strategy Wholesale Investment -20.88% -3.18% 20.58% 19.37%
Russell 1000 Index 0.07% 12.50% 10.71% 12.07%

Strategy Summary:

Harbourside Multi Strategy Wholesale Investment 
The Multi Strategy Program is a high conviction, high performance managed account. The strategy is a genuine active strategy that is founded on a consistent, disciplined, and proven investment approach.  It uses a top-down quantitative approach to selectively invest in high growth stocks on the Australian and US markets. While being a long-only approach, the strategy has the mandate to revert to a 100% cash position during sustained downward environments. This mechanism controls downside exposure that in turn attempts to increase the long-term risk adjusted return profile.

How It Works
The Multi Strategy Program relies on dual momentum on two-time frames and in two separate equity markets. It looks to identify the strongest stocks in each market on a relative strength basis while also making sure that there is positive market momentum. The use of this dual momentum approach across markets and timeframes 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.

Being a fully quantitative approach, there is no discretionary input from the investment manager.

The benefits of investing are:
  • access to a portfolio that aims to deliver high growth returns over the medium to long term
  • full defensive stance during sustained bear markets
  • individually managed account for full transparency
  • supported by extensive academic literature and empirical data
  • investing alongside highly experienced professionals who undertake comprehensive ongoing research
Objective High Growth
Benchmark Russell-1000
Markets traded ASX and US
Cash limit 0 - 100%
Recommended investment period  Long term ( minimum 7 years)
Minimuminvestment A$250,000
Management Fee 1.5% p.a. of portfolio value
Performance Fee 20% of any performance above the Benchmark with high water mark

Statistics

Sharpe Ratio (3 Month T-Bill) 1.94
Sharpe Ratio (10 Year T-Note) -
Sortino Ratio (3 Month T-Bill) 0.78
Sortino Ratio (10 Year T-Note) 0.84
Average Monthly Return 1.49%
Average Winning Month 6.96%
Average Losing Month -5.31%
Best Month 25.27%
Worst Month -21.74%
Max Drawdown (Monthly) -55.64%
Current Drawdown -46.12
Yearly Volatility 27.78%
Correlation vs. Russell 1000 Index 0.47
Information Ratio vs Russell 1000 Index 0.31

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 3.29 9.74 4.16 -3.44 14.00
2023 2.86 1.06 -3.74 -4.14 -3.34 -0.19 5.62 -1.40 -7.96 -0.51 -1.95 6.55 -7.80
2022 5.49 14.74 -5.88 -8.54 -3.83 -14.01 -13.48 -8.54 -4.30 0.04 0.05 -4.99 -37.95
2021 0.59 -8.15 -11.15 9.54 -0.88 11.56 11.36 8.44 1.62 4.18 3.37 -4.77 25.14
2020 19.41 -3.96 -4.28 13.46 10.30 6.20 18.76 25.27 -2.70 -7.65 25.26 7.98 163.79
2019 7.40 4.10 5.45 1.12 -5.78 4.57 5.57 1.11 -2.74 3.51 6.46 5.06 41.18
2018 10.63 -4.73 -4.15 -3.83 7.37 -1.21 2.12 12.62 -2.72 -21.74 2.46 -7.30 -14.30
2017 11.55 7.95 -2.77 1.68 4.26 0.53 6.19 1.31 -2.63 9.99 0.89 -3.05 40.62
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 significantly 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 

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -55.64% 21 0 03/2022 -
2 -27.69% 4 12 09/2018 12/2019
3 -18.39% 2 4 02/2021 07/2021
4 -12.18% 3 4 02/2018 08/2018
5 -10.14% 2 1 09/2020 11/2020

Return Report

Period LastBestWorstAverageMedianWinning %
1 Month -3.44%25.27%-21.74%1.80%1.12%57.95%
3 Months 10.37%57.99%-31.96%5.54%4.16%68.60%
6 Months 19.10%92.39%-43.67%11.39%10.41%62.65%
1 Year 9.58%163.79%-46.71%26.15%18.18%63.64%
2 Years -37.41%275.06%-48.87%73.85%20.99%72.31%
3 Years -9.24%404.52%-28.41%141.73%130.81%84.91%
5 Years 154.95%464.52%90.66%210.12%155.00%100.00%

Time Window Analysis

1 Month3 Months6 Months1 Year2 Years3 Years5 Years
Average ROR-34.30%48.41%41.86%9.58%-20.88%-3.18%20.58%
% Positive0.00%66.67%66.67%41.67%37.50%47.22%55.00%
Avg. Pos. Period - 6.95%5.94%5.87%3.71%5.54%7.79%
Avg. Neg. Period-3.44%-3.44%-2.70%-2.68%-5.05%-5.05%-5.27%
Sharpe Ratio0.002.242.320.63-1.09-0.030.78
Sortino Ratio-3.465.836.340.96-1.30-0.201.27
Standard Deviation0.00%5.40%4.57%4.84%5.64%6.63%8.48%
Downside Deviation3.44%1.99%1.61%2.78%5.13%4.61%4.27%
Volatility0.00%18.71%15.84%16.75%19.55%22.97%29.37%
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 GRO UP 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, FI NANCIAL 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.