| Exhibit 2a – Metis India Opportunity Fund’s Gross Performance (USD) | ||||||||
Metis India Opportunity Fund |
Nifty TR |
S&P BSE 500 TR |
S&P BSE Midcap TR |
S&P BSE Smallcap TR |
Eurekahedge India (USD) |
India-focused CE Funds* |
||
| USD, Inception: April 2011 | ||||||||
| Trailing 1 year | -8% | 3% | 0% | -3% | -12% | 9% | -10% | |
| Trailing 3 years | 68% | 32% | 36% | 62% | 49% | 34% | 3% | |
| Trailing 5 years | 162% | 56% | 65% | 102% | 112% | 26% | -12% | |
| Since Inception TR | 241% | 184% | 211% | 293% | 236% | 103% | 10% | |
| Trailing 3-year Ann. | 19% | 10% | 11% | 17% | 14% | 10% | 1% | |
| Since Inception Ann. | 9% | 7% | 8% | 10% | 9% | 5% | 1% | |
| Sharpe Ratio from Inception | 0.35 | 0.31 | 0.34 | 0.40 | 0.34 | 0.20 | -0.01 | |
| Calmar Ratio (5-yr/3%) | 0.26 | -0.20 | 0.28 | 0.25 | 0.23 | 0.06 | -0.13 | |
| Calmar Ratio (Since Inception/3%) | 0.08 | -0.13 | 0.19 | 0.14 | 0.10 | 0.07 | -0.06 | |
Note: *All figures are until end of January 2026; on Exhibit 1b the relative return differential is vs. S&P BSE 500 TR (USD) index. On Exhibit 2a risk-free rate of 3% was assumed for calculating Sharpe Ratio. Metis India Opportunity Fund’s (MIOF), which went live on March 11, 2014, track record was a live converted blend of our running onshore strategies (hedged at then prevailing premiums, along with benchmark indices) till March 31, 2014; India-focused close-ended funds are actively managed in US; contact manager for INR track record and GIPS compliant presentations/independent verification letter. Sources: S&P Dow Jones, Eurekahedge, Internal
Sources: S&P Dow Jones, Eurekahedge, Internal
| Exhibit 2b- Portfolio Snapshot | Exhibit 2c – GICS Sectors (# holdings) | ||
| Top 5 positions as % of book | 80% | Materials (3) | 51% |
| Avg. weighted market cap of book (million) | $1197 | Consumer Discretionary (6) | 16% |
| Avg. weighted free float of book | 52% | Financials(2) | 14% |
| Net Exposure | 95% | Industrials(1) | 11% |
| # of positions | 13 | IT(1) | 2% |
|
GIPS Compliant Composite Performance Presentations |
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