Performance & Share Price

Kennox Investment Team Track Record

Our aim is to deliver attractive, risk adjusted returns over the long term. The Fund is not benchmarked – we are not looking to track any market or index. Rather we expect our non-consensus stocks to deliver non-correlated returns.

Notably, we have outperformed in 75% of down markets, a result of our strong focus on risk and unwavering commitment to the Kennox Value philosophy through all market conditions.

 

Period Kennox (net*) MSCI World IA Global (net)
 Inception (July 2007)  142%  149%  99%
 2007 -2.1%  -0.4% -0.1%
 2008  10% -19%  -24%
 2009  16% 18% 23%
2010  21%  16% 16%
 2011  -4.0% -4.5%  -9.4%
 2012  10%  11%  9.6%
 2013  15%  25%  22%
 2014  -1.1%  12%  7.0%
 2015  -4.0%  5.4%  2.8%
 2016  36%  29%  24%
 Annualised  8.9%  9.2%  6.9%

To download historical monthly returns for the Fund in Excel, please click here.

 

Current Share Prices (provided by Bloomberg.com):

Professional Income Professional Accumulation
Institutional Income Institutional Accumulation
Class A Income Class A Accumulation

 

The Fund’s performance and share prices can also be followed on:

FT (ISIN codes apply; see Fund Factsheet)
Morningstar
FE Trustnet

Lipper (ID: 65140618. Please use Lipper’s pre-IPO function to track the full portfolio performance history from its initial launch in July 2007).

 

*Performance shown reflects total return of the Institutional Share class. Performance figures are generated from the accumulation shares since their launch on 29 April 2013. Prior to that performance figures are taken from an alternative share class, adjusted to reflect a 1.0% management fee throughout.

The portfolio was launched in July 2007 (“Inception”) in Australia as the Contrarian Global Value Fund. The Kennox investment team ran that fund from launch until September 2008. The Kennox Strategic Value Fund was launched in April 2009, comprising 19 of the 20 positions that existed in the Australia fund. We have assumed a static portfolio for the interim period.