WAM Research Limited (WAX) Report & Performance

WAM Research Limited is an LICs & LITs investment product that is benchmarked against ASX Index Small Ordinaries Index and sits inside the Domestic Equities - Australian Mid - Small Cap. Think of a benchmark as a standard where investment performance can be measured. Typically, market indices like the ASX200 and market-segment stock indexes are used for this purpose. The WAM Research Limited has Assets Under Management of $336,807,027 with a management fee of 1.00%, a performance fee of 20.00% and a buy/sell spread fee of 0.56%.

The recent investment performance of the investment product shows that the WAM Research Limited has returned 2.13% in the last month. The previous three years have returned -5.3% annualised and 16.01% each year since inception, which is when the WAM Research Limited first started.

There are many ways that the risk of an investment product can be measured, and each measurement provides a different insight into the risk present. They can be used on their own or together to perform a risk assessment before investing, but when comparing investments, it is common to compare like for like risk measurements to determine which investment holds the most risk. Since WAM Research Limited first started, the Sharpe ratio is NA with an annualised volatility of 16.01%. The maximum drawdown of the investment product in the last 12 months is -9.92% and -54.33% since inception. The maximum drawdown is defined as the high-to-low decline of an investment during a particular time period.

Relative performance is what an asset achieves over a period of time compared to similar investments or its peers. Relative return is a measure of the asset's performance compared to the return to the other investment. The WAM Research Limited has a 12-month excess return when compared to the Domestic Equities - Australian Mid - Small Cap of 12.43% and 1.07% since inception.

Alpha is an investing term used to measure an investment's outperformance relative to a market benchmark or peer investment. Alpha describes the excess return generated when compared to peer investment. WAM Research Limited has produced Alpha over the Domestic Equities - Australian Mid - Small Cap of NA% in the last 12 months and NA% since inception.

For a full list of investment products in the Domestic Equities - Australian Mid - Small Cap category, you can click here for the Peer Investment Report.

WAM Research Limited has a correlation coefficient of 0.73 and a beta of 1.15 when compared to the Domestic Equities - Australian Mid - Small Cap. Correlation measures how similarly two investments move in relation to one another. This establishes a 'correlation coefficient', which has a value between -1.0 and +1.0. A 100% correlation between two investments means that the correlation coefficient is +1. Beta in investments measures how much the price moves relative to the broader market over a period of time. If the investment moves more than the broader market, it has a beta above 1.0. If it moves less than the broader market, then the beta is less than 1.0. Investments with a high beta tend to carry more risk but have the potential to deliver higher returns.

For a full quantitative report on WAM Research Limited and its peer investments, you can click here for the Peer Investment Report.

For a full quantitative report on WAM Research Limited compared to the ASX Index Small Ordinaries Index, you can click here.

To sort and compare the WAM Research Limited financial metrics, please refer to the table above.

This investment product is in the process of being independently verified by SMSF Mate. Once we have verified the investment product, you will be able to find more information here.

If you or your self managed super fund would like to invest in the WAM Research Limited please contact Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000 via phone 61 2 9247 6755 or via email info@wilsonassetmanagement.com.au.

If you would like to get in contact with the WAM Research Limited manager, please call 61 2 9247 6755.

SMSF Mate does not receive commissions or kickbacks from the WAM Research Limited. All data and commentary for this fund is provided free of charge for our readers general information.