Returns in rising and falling markets 14 year track record of no quarterly downside > 3%
Gyrostat has a suite of unit classes with downside protection always in place, designed to meet the needs of lower risk investors, including retirees.
Many investors misunderstand what is required in portfolio construction to structure a portfolio to meet lower risk investor needs.
Diversification requires assets that do not correlate with each other to be effective. Multiple managers with similar strategies and returns correlated with the market does not maximise diversification benefits.
Gyrostat class A and class B returns are non correlated with the Australian market. This increases portfolio diversification with absolute returns in a wider range of market scenarios.
Gyrostat Class A performance compared with worst 5 quarters from the ASX accumulation index (since Fund inception December 2010)
| Period | ASX accumulation return | Gyrostat Class A return |
|---|---|---|
| Apr - Jun 2022 | -11.90% | +8.70% |
| Jan - Mar 2020 | -23.10% | +9.22% |
| Oct - Dec 2018 | -8.24% | +4.18% |
| Jul - Sep 2015 | -6.58% | -0.26% |
| Jul - Sep 2011 | -8.17% | +1.29% |
There are 3 steps in our risk management investment approach:
Buy ASX20 stocks and index with protection at the stock specific level
Set protection with risk management overlay
Re-set protection risk managed overlay with market moves
Gyrostat class A and class B are designed for investors who want financial peace of mind irrespective of stock market outcomes. This is a key objective for many in retirement planning.
Gyrostat Risk Managed Equity Fund Classes A & B have downside protection always in place, regular income, with returns in rising and falling markets including large market falls.
Our class A flagship fund has 3 key features:
Lower risk than ASX 200 (source: FE Analytics)
14-year track record no quarterly losses > 3%, 2 Yr max qtr loss -1.26%
A track record of increasing in value on major market falls
Absolute returns with a track record of increasing with market volatility
The leveraged Class B Units have a focus on greater returns and less risk protection.
These returns are non correlated with the market providing portfolio diversification benefits such as lower risk, higher risk-adjusted returns, and reduced exposure to market shocks.
Class A: Absolute return income equity
Target returns: 6-8% pa in trending markets> 8% in changing markets
Target Income: BBSW3M +3% pa paidquarterly (currently 7.39%pa)
Class Inception: 10 December 2010
| As at 28 Feb ‘25 | 3M | 1yr p.a. | 2yr p.a. | 3yr p.a. |
|---|---|---|---|---|
| Class A | -0.73% | +8.83% | +7.60% | +9.92% |
| Bank Bill Swap Rate 3M + 3% | +1.84% | +7.61% | +7.43% | +6.59% |
| Excess Returns | -2.57% | +1.22% | +0.17% | +3.33% |
Class B: Leveraged absolute return income equity
Target returns: Minimum BBSW3M + 6%
Target Income: BBSW3M +6% pa paidquarterly (currently 10.39% pa)
Class Inception: 13 April 2021
| As at 28 Feb ‘25 | 3M | 1yr p.a. | 2yr p.a. | 3yr p.a. |
|---|---|---|---|---|
| Class B | +0.06% | +7.31% | +9.07% | +13.38% |
| Bank Bill Swap Rate 3M + 3% | +1.84% | +7.61% | +7.43% | +6.59% |
| Excess Returns | -1.78% | -0.30% | +1.64% | +6.79% |
Strategy: Designed to outperform the Morningstar® Australian Index over rolling 12 months whilst mitigating against major losses on large Australian market falls (downside protection always in place).
The strategy could be described as Risk Managed Hong Kong Fund, holding Tracker Fund of Hong Kong with a risk management overlay.
| As at 28 Feb ‘25 | 3M | 1yr p.a. | 2yr p.a. | 3yr p.a. |
|---|---|---|---|---|
| Class C | -2.19% | +7.03% | +6.69% | +8.00% |
| Morning Australia index | -2.60% | +9.18% | +10.36% | +9.28% |
| Excess Returns | +0.41% | -2.15% | -3.67% | -1.28% |
Strategy: Designed to outperform the Morningstar® Hong Kong Index over rolling 12 months whilst mitigating against major losses on large Hong Kong market falls (downside protection always in place).
The strategy could be described as Risk Managed Hong Kong Fund, holding Tracker Fund of Hong Kong with a risk management overlay.
| At 28 Feb 2025 | 3M | 1yr p.a. | 2yr p.a. |
|---|---|---|---|
| Class D | +14.35% | +39.90% | +6.94% |
| Morning HK index | +3.95% | +7.58% | -6.81% |
| Excess Returns | +10.40% | +32.32% | +13.75% |
Strategy: Designed to outperform the Morningstar® Global Markets Index over rolling 12 months whilst mitigating against major losses on large global equity market falls (downside protection always in place).
The strategy could be described as Risk Managed Global Fund, holding global ETFS and/or component parts with a risk management overlay.
| At 28 Feb 2025 | 3M | 1yr p.a. | 2yr p.a. | 3yr p.a. |
|---|---|---|---|---|
| Class E | -0.54% | +14.50% | +14.01% | +8.84% |
| Morningstar Global Market Index | -0.20% | +14.42% | +18.40% | +8.97% |
| Excess Returns | -0.34% | -0.08% | -4.39% | -0.13% |
Investment Manager: Gyrostat Capital Management Advisers Pty Ltd
Please contact Michael Baker of Wayfarer Investment Partners on 0439 276 484.
