JL EQUITY MARKET NEUTRAL

The Fund is a European/US equity market neutral fund that seeks to generate uncorrelated returns and maintain a low beta ratio to European and US equity indices. The Fund is fully systematic in its approach and deploys multiple quantitative models that seek to identify mispricing between a pre-defined universe of equity markets. An adaptive risk management technique is also employed that hedges against broad directional market risk and other risk factors that may be present within the investment portfolio. The Fund provides for daily liquidity.

The recommended investment period is a minimum of 3 years. This Fund may not suit investors planning to withdraw their contribution within that period.



Performances as of 17 Sep 2020 :

Net asset value Daily return Monthly return YTD
1 245.67 EUR -0.04% -0.28% -2.27%

Summary:

Last update : 31/08/20
Perf. since inception (20/04/2010) :+36.90%
Annualised Return:+3.06%
Sharpe Ratio(0.35%) :0.48
Annualised Monthly Volatility:+6.55%
Maximum Monthly Drawdown:-15.06%
Best Monthly Performance:+6.10%
Worst Monthly Performance:-5.48%

Historical data:

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
20100.38%-3.02%-1.13%-0.41%0.46%2.70%2.13%-0.05%-0.61%0.33%
20111.71%2.10%-0.05%0.84%0.39%-2.91%0.84%2.73%-3.32%-3.73%-0.58%6.10%11.79%
2012-1.5%0.36%-0.04%-1.05%0.95%4.93%0.19%0.70%2.10%0.04%0.38%0.06%7.20%
20130.93%2.67%-1.16%3.28%0.98%0.79%0.88%2.17%0.87%-0.22%-0.75%0.54%11.46%
20142.12%-0.84%2.42%0.60%0.62%-0.90%-1.81%2.36%-3.27%3.44%2.38%1.26%8.47%
2015-2.50%1.85%0.63%-1.15%-0.02%1.12%0.90%-1.01%0.75%1.67%0.25%2.80%2.95%
2016-2.65%2.62%3.32%0.00%-1.59%-1.73%0.53%-2.72%0.63%-1.98%-0.19%2.95%-1.06%
20171.14%0.68%0.47%-1.04%-5.48%1.31%1.31%-2.36%-1.09%1.41%-2.61%-1.77%-7.98%
20181.99%-0.42%1.19%-2.08%1.58%0.28%2.84%0.47%-3.19%-0.33%0.83%-1.05%1.95%
2019-0.87%0.66%1.85%0.63%-1.27%0.66%2.42%0.95%-3.72%-1.03%-0.21%0.63%0.57%
20200.20%-0.91%-5.40%0.34%0.84%2.13%1.38%-0.40%-2.00%
Since December 2013 the Fund is valued daily by RBC. Returns shown above prior to that date, based on the calendar month, were calculated by John Locke Investments and reconciled to RBC's weekly NAVs. The returns prior to January 2013 have been adjusted to reflect current leverage and fee structures.

Performances :


The index data included in this graph has been provided by a reputable source and is presumed, but not guaranteed, to be correct.Past performance is not necessarily indicative of future results.

Performances as of 17 Sep 2020 :

Net asset value Daily return Monthly return YTD
1 117.53 GBP -0.04% -0.26% -2.55%

Historical data:

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
20131.61%0.91%2.27%0.42%0.16%-0.73%0.55%5.28%
20142.15%-0.83%2.43%0.61%0.63%-0.89%-1.71%2.32%-2.94%3.16%2.40%1.24%8.70%
2015-2.39%1.85%0.76%-1.18%0.01%-1.04%0.92%-1.01%0.83%-1.64%0.25%2.99%3.56%
2016-2.58%2.64%3.32%0.03%-1.47%-1.67%0.60%-2.52%0.71%-1.95%-0.12%2.98%-0.23%
20171.04%0.72%0.50%-0.99%-5.31%1.40%1.39%-2.29%-1.10%1.48%-2.52%-1.67%-11.02%
20182.05%-0.35%1.25%-1.98%1.79%0.36%2.91%0.53%-3.09%-0.25%0.80%-0.89%3.01%
2019-0.79%0.76%1.96%0.70%-1.20%0.72%2.14%0.91%-3.17%-0.89%-0.12%0.71%1.62%
20200.27%-1.29%-5.52%0.36%0.91%2.09%1.42%-0.35%-2.29%
Since December 2013 the Fund is valued daily by RBC. Returns shown above prior to that date, based on the calendar month, were calculated by John Locke Investments and reconciled to RBC's weekly NAVs. The returns prior to January 2013 have been adjusted to reflect current leverage and fee structures.

Performances as of 17 Sep 2020 :

Net asset value Daily return Monthly return YTD
1 121.23 USD -0.04% -0.25% -1.29%

Historical data:

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
20130.89%-0.76%0.54%0.66%
20142.11%-0.84%2.41%0.59%0.60%-0.90%-1.74%2.30%-3.10%3.28%2.38%1.23%8.41%
2015-2.40%1.88%0.85%-1.13%0.00%-1.07%0.91%-0.99%0.76%1.62%-0.23%3.35%3.47%
2016-2.58%2.65%3.37%0.08%-1.52%-1.54%0.54%-2.49%0.75%-1.84%-0.15%3.01%0.15%
20171.13%0.71%0.59%-0.93%-5.13%1.44%1.51%-2.22%-0.96%1.56%-2.45%-1.52%-6.33%
20182.18%-0.23%1.39%-1.86%1.82%0.49%2.88%0.12%-2.38%-0.10%0.88%-0.60%4.53%
2019-0.57%0.78%1.54%0.69%-0.81%0.73%2.13%1.02%-2.89%-0.65%-0.03%0.71%2.58%
20200.28%-0.71%-5.17%0.55%0.91%2.17%1.43%-0.31%-1.04%
Since December 2013 the Fund is valued daily by RBC. Returns shown above prior to that date, based on the calendar month, were calculated by John Locke Investments and reconciled to RBC's weekly NAVs. The returns prior to January 2013 have been adjusted to reflect current leverage and fee structures.

Performances as of 17 Sep 2020 :

Net asset value Daily return Monthly return YTD
927.79 EUR -0.04% -0.34% -3.25%

Summary:

Last update: 31/08/2020
Perf. since inception (25/10/2013) :-6.90%
Annualised Return:-1.04%
Sharpe Ratio(0%) :-0.16
Annualised Monthly Volatility:6.59%
Maximum Monthly Drawdown:-19.76%
Best Monthly Performance:+3.63%
Worst Monthly Performance:-5.74%

Historical data :

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
2013-0.99%0.46%-0.53%
20142.03%-0.94%2.34%0.50%0.52%-1.02%-2.29%2.54%-3.67%3.63%2.31%1.15%7.06%
2015-2.61%1.74%0.59%-1.33%-0.13%-1.25%0.78%-1.13%0.63%1.70%0.19%2.71%1.77%
2016-2.76%2.50%3.26%-0.11%-1.70%-1.95%0.56%-2.96%0.51%-2.10%-0.30%2.83%-2.46%
20171.12%0.76%0.43%-1.34%-5.74%1.19%1.19%-2.48%-1.20%1.29%-2.73%-1.88%-9.25%
20181.86%-0.53%1.08%-2.20%1.46%0.17%2.71%0.35%-3.30%-0.46%0.72%-1.17%0.53%
2019-0.99%0.56%1.74%0.51%-1.38%0.55%2.29%0.95%-3.95%-1.14%-0.32%0.51%-0.84%
20200.08%-1.02%-5.51%0.23%0.73%2.00%1.26%-0.52%-2.91%
Share Class P was launched on 25th October 2013. The return for October 2013 has been incorporated into the November 2013 return.

Referencing: