CDAM’s Performance Measurement

CDAM 11.74%
KLCI 3.95%

Table 1: Annual Compounded Rate of Return (April 1998 – September 2021)

Figure 1: Annual Compounded Rate of Return (April 1998 – September 2021)

During bull markets, all fund managers can perform well. The difference between a good fund manager and a lousy fund manager can only be seen during bear markets. As we all know, you will only know who is swimming naked when the tide goes out as the figure 2 below shows.

 Figure 2: Annual Rate of Return (April 1998 – December 2020)

The figure 3 below shows a comparison between the performance of CDAM and KLCI from April 1998 to September 2021. If an investor opened an account worth RM100,000 with CDAM in April 1998, by September 2021, the investment would have grown to RM1,350,565. But if the investor had invested RM100,000 in KLCI, the investment would have only grown to RM247,717.

Even if the investor invested with CDAM during the peak of the market in early 2000, the returns would be slightly more than 5.2 times after 21 years. If someone invested in KLCI at the said peak, the investment would only be slightly more than 1.5 times.

Figure 3: Performance of CDAM vs KLCI (April 1998 – September 2021)

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The performance of CDAM for the period 27 Apr 1998 to 31 Dec 2016 has been independently verified. The performance of CDAM for the period 1 Jan 2017 to 30 September 2021 is believed to be reliable, but has not been independently verified. Past performance and any forecast are not necessarily indicative of future or likely performance.