The Conservative Fund is a systematic quantitative fund that seeks to generate modestly better than equity market performance over the medium term, whilst targeting lower volatility and drawdowns.

The back-tested “Model Portfolio” (tested from 1 January 2000 – 31 August 2025) has averaged a net exposure of ~80.1% (80.1% long/19.9% cash) across a portfolio of Global Exchange Traded Funds and US Megacaps (usually >USD20B).

Since the current strategy was launch in FY2023, it has delivered a Sharpe Ratio of 1.11x, a Sortino Ratio of 1.60x, annualised volatility of 11.6% and an average annual drawdown of less than 10%. These figures are better than either the S&P500 or a 60/40 portfolio.