| 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% | 8% | 4% | 3% | 8% | 3% | 1% | |
| Trailing 3 years | 84% | 40% | 47% | 81% | 84% | 16% | 6% | |
| Trailing 5 years | 368% | 142% | 179% | 253% | 340% | 55% | 47% | |
| Since Inception TR | 272% | 196% | 231% | 331% | 304% | 88% | 30% | |
| Trailing 3-year Ann. | 22% | 12% | 14% | 22% | 22% | 5% | 2% | |
| Since Inception Ann. | 10% | 8% | 9% | 11% | 10% | 5% | 2% | |
| Sharpe Ratio from Inception | 0.39 | 0.35 | 0.38 | 0.45 | 0.40 | 0.17 | 0.05 | |
| Calmar Ratio (5-yr/3%) | 0.48 | -0.50 | 0.74 | 0.53 | 0.56 | 0.23 | 0.12 | |
| Calmar Ratio (Since Inception/3%) | 0.10 | -0.15 | 0.22 | 0.16 | 0.13 | 0.06 | -0.03 | |
Note: *All figures are until end of May 2025; 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) | 58% |
| Avg. weighted market cap of book (million) | 949 | Consumer Discretionary (6) | 17% |
| Avg. weighted free float of book | 52% | Financials(2) | 11% |
| Net Exposure | 99% | Industrials(1) | 11% |
| # of positions | 13 | IT(1) | 2% |
|
GIPS Compliant Composite Performance Presentations |
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