Core cadence
Monthly Performance
Published for each FIBCOS Alpha Portfolio that has reached live inception, for each completed calendar month.
The authoritative record
Monthly is the period benchmarks quote and the series every cumulative return, drawdown and risk measure on this website is compounded from. Quarterly and annual figures are derived from it; weekly observations are reconciled against it.
Report structure
Every field, every month
Return and Benchmark Consistency
Portfolio and benchmark returns are recorded for identical calendar-month periods and in the portfolio’s reporting currency, using a consistently disclosed return convention. The benchmark series and its treatment of dividends are identified explicitly. Relative Alpha is calculated using the stated methodology. Any change to the benchmark or return convention is documented with its effective date and rationale; historical results are not retroactively rebased to reflect later methodological changes.
| Field | Definition | Current |
|---|---|---|
| Month | The reporting period covered. | — |
| Portfolio Return | Reported as a percentage on a stated currency basis. | — |
| Benchmark Return | Reported as a percentage on a stated currency basis. | — |
| Relative Alpha | Portfolio Return − Benchmark Return | — |
| YTD Return | Reported as a percentage on a stated currency basis. | — |
| Since Inception | Reported as a percentage on a stated currency basis. | — |
| Maximum Drawdown | Reported as a percentage on a stated currency basis. | — |
| Recovery Period | Reported in months. | — |
| Top Contributors | Reported as an itemised list with the relevant contribution. | — |
| Top Detractors | Reported as an itemised list with the relevant contribution. | — |
| Portfolio Changes | Reported as an itemised list with the relevant contribution. | — |
| Commentary | Written commentary from the FIBCOS Research Desk. | — |
Reporting rules
Archive
Reporting periods
No Reporting Periods
Monthly reports will be listed here by portfolio and month once a FIBCOS Alpha Portfolio has reached live inception. The first report follows the first full calendar month after inception.