Wisdom Australian Equities (HHA0017AU) Report & Performance

Wisdom Australian Equities is an Managed Funds investment product that is benchmarked against ASX Index 200 Index and sits inside the Domestic Equity - Large Value Index. 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 Wisdom Australian Equities has Assets Under Management of 3.44 M with a management fee of 0.99%, a performance fee of 0 and a buy/sell spread fee of 0.5%.

The recent investment performance of the investment product shows that the Wisdom Australian Equities has returned 1.35% in the last month. The previous three years have returned 3.84% annualised and 15.11% each year since inception, which is when the Wisdom Australian Equities 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 Wisdom Australian Equities first started, the Sharpe ratio is 0.51 with an annualised volatility of 15.11%. The maximum drawdown of the investment product in the last 12 months is -20.86% and -27.65% 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 Wisdom Australian Equities has a 12-month excess return when compared to the Domestic Equity - Large Value Index of -18.06% and -0.18% 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. Wisdom Australian Equities has produced Alpha over the Domestic Equity - Large Value Index of -1.46% in the last 12 months and 0.05% since inception.

For a full list of investment products in the Domestic Equity - Large Value Index category, you can click here for the Peer Investment Report.

Wisdom Australian Equities has a correlation coefficient of 0.86 and a beta of 0.55 when compared to the Domestic Equity - Large Value Index. 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 Wisdom Australian Equities and its peer investments, you can click here for the Peer Investment Report.

For a full quantitative report on Wisdom Australian Equities compared to the ASX Index 200 Index, you can click here.

To sort and compare the Wisdom Australian Equities 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 Wisdom Australian Equities please contact via phone or via email .

If you would like to get in contact with the Wisdom Australian Equities manager, please call .

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