Join our investing community

NavraInvest shows a performance fee (just)

Discussion in 'Managed Funds & Index Funds' started by Simon Hampel, 27th May, 2006.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,623
    Location:
    Sydney, Australia
    Just checked the performance chart on the NavraInvest website ... looks like the Wholesale fund has slightly outperformed the ASX200 (as of the 25th May).
     

    Attached Files:

  2. perky

    perky Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    300
    Location:
    Sydney
    Good stuff :D :D
     
  3. perky

    perky Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    300
    Location:
    Sydney
    Could be a good Navra day today with the dow jones down 179 pts at close.....
     
  4. gazza

    gazza Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    214
    Location:
    Canberra
    The thing I find a bit concerning is that when the market plunges (like overnight in the US with the ASX to more than likely follow today), the NI fund does seem to lose less than the index but when it recovers part or all of that loss, the NI fund does not seem to capitalise on that volatility and outperform the index. Now I know it depends on the shares held and when they were bought, etc but it's always been said volalility is what the fund thrives on - it would be good to see that relected in the performance fee.
     
  5. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,623
    Location:
    Sydney, Australia
    Gazza - don't expect the "thriving on volatility" to occur in only a couple of days. If the index has been going straight up for 98% of the year, a bit of volatility at one point in the year isn't going to get us our out-performance.
     
  6. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    Correct !!!
    :cool:
     
  7. Alan

    Alan Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    603
    Location:
    Sydney
    Looks like it was the US Fund's turn today Sim...... 0.1% Performance Fee.

    Unfortunately the Net Fund Return is currently standing at -2.29% though.