Marcellus’ MeritorQ PMS takes a rules-based approach to screen for companies with low leverage, consistent profitability and which pass the Marcellus’s quantitative forensic accounting framework. From this list of companies, approximately 35-45 companies which are both profitable as well as relatively mispriced are selected to form the final portfolio.
The portfolio is reconstituted semi-annually based on stated portfolio construction rules, effective on the first trading date of April and October.
Marcellus’ MeritorQ PMS comes with zero entry load/exit load and with no lock-in.
|Regular Plan||Direct Plan|
|Period: July-2006 to Aug-2022||BSE 500||Strategy|
|Downside Risk (%)||16.9||16.2|
|Maximum Drawdown (%)||-66.4||-59.4|
|Average 36months rolling returns||10.2||21.9|
|Average 36months rolling risk||21.3||20.4|
|Average 36months rolling return/risk||0.57||1.22|
Performance (as of 31st August, 2023)
*For relative performance of particular Investment Approach to other Portfolio Managers within the selected strategy, please refer https://www.apmiindia.org/apmi/WSIAConsolidateReport.htm?action=showReportMenu Under PMS Provider Name please select Marcellus Investment Managers Private Limited and select your Investment Approach Name for viewing the stated disclosure
Performance data is net of annual performance fees charged for client accounts whose account anniversary date falls upto the last date of this performance period. Since fixed fees and expenses are charged on a quarterly basis, effect of the same has been incorporated upto 30th June 2023. Performance data is not verified either by the Securities and Exchange Board of India or U.S. Securities and Exchange Commission. This circulation is not intended for US clients.
Omkar Sawant, CA