Providing a foundation for success

Key strengths

The aim of the fund is to produce returns which exceed those available from cash savings at low levels of volatility. Launched in November 2007 it was initially designed as a client portfolio for an investor whose priority was to protect the value of his capital.

For Investment Professionals, RSMR has produced a comprehensive independent assessment of the fund.

View Investment Professional factsheet

Easy access

Available across wide range of platforms

Platform coverage

Long-term track record

Tenax has a ten year plus performance history

RSMR Fund Profile

Straightforward approach

Targets returns greater than cash over rolling 12-month periods

Volatility dampener

Low volatility makes it an ideal defensive holding

Multi-asset

Genuine multi-asset fund that delivers diversification

Independent validation

Series of industry ratings and awards

Independent assessment

Tenax is an award-winning fund which holds a wide range of respected ratings

A wide variety of independent research businesses have rated the Tenax Absolute Return Strategies and it has also achieved several industry awards

James Mahon updates FundCalibre on the Elite Rated Tenax Fund

Topics covered range from using cash to buy equities and bonds at much cheaper prices in March and April of 2020, our recent purchasing of both the bonds and shares of Diageo and why Heathrow airport is a better investment than Gatwick.

To listen to the full podcast interview with FundCalibre's Staci West, please click on the audio player link.

Download podcast transcript

Dynamic Planner Risk Managed Decumulation Rating

Tenax included in initiative to help advisers compare decumulation investment solutions.

On 3rd April 2020, Dynamic Planner launched its Risk Managed Decumulation Ratings, initially awarded to just eleven funds that met the selection criteria, the Tenax Fund being one of those. Funds awarded a rating should have low sequence of returns risk, such that the timing of withdrawals from a retirement account will have little impact on the overall rate of return available to an investor

Read more
  • dynamic_planner_risk_solution_certificate.pdf
  • Investment Process

    An in-depth assessment of the investment process that supports the Tenax Absolute Return Strategies Fund

    This document provides a comprehensive and open analysis of the various stages of managing the fund, from the high level methodology to tactical asset allocation and from idea generation to portfolio construction. Fund selectors wanting to understand in detail how the fund delivers on its objectives will find this a valuable resource.  

    Download a copy here

    Quarterly Tenax Fund Manager Update

    A video update for investment professionals, on the CH Tenax Absolute Return Strategies Fund, by co-managers James Mahon and Jeremy Wharton

    They cover a range of topics including the cautious fund positioning before the recent market correction, the steps taken by the managers during the extensive volatility in March and the case for AAA rated floating rate notes. 

    How to invest

    In addition to being available through our Portfolio Services the funds are accessible to Investment Professionals, such as Financial Advisers and Wealth Managers, through a range of platforms. Plus individuals and instituions can make direct investments. 

    What others say

    Some quotes on Tenax from industry commentators and fund supporters

    "The SVS Church House TENAX Absolute Return Strategies fund represents a strong option for investors looking for a multi-asset investment that prioritises capital preservation with good risk management, aiming to limit drawdownsin more difficult market conditions whilst participating in some of the upside during a more buoyant investment environment.”

    July 2018

    Stewart Smith - Rayner Spencer Mills Research

    Investment Research Manager

    The Tenax Absolute Return Strategies fund's highly effective use of diversification has allowed it to deliver excellent risk-adjusted returns over almost a decade and, as a result, it has had one of the highest Sharpe ratios in the absolute return sector since its launch. If you are looking for an extremely useful portfolio stabiliser, look no further.

    April 2018

    Darius McDermott - FundCalibre

    Managing Director

    The worst thing that you can get from an absolute return fund is no real protection in a downturn, yet missing out on any subsequent recovery. Tenax does not do that.

    February 2019

    Andy Merricks

    Head of Investments

    News and updates

    Our News section features a range of articles that reference the Tenax fund

    We have a selection of articles related to our Tenax fund, written by our Fund Managers.

    Read the latest articles here