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Launched in 2007 and co-managed by James Mahon and Jeremy Wharton
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.
Available across wide range of platformsPlatform coverage
Tenax has a ten year plus performance historyRSMR Fund Profile
Targets returns greater than cash over rolling 12-month periods
Low volatility makes it an ideal defensive holding
Genuine multi-asset fund that delivers diversification
Series of industry ratings and awards
Tenax is an award-winning fund which holds a wide range of respected ratings
A wide variety of independent research business have rated the Tenax Absolute Return Strategies and it has also achieved several industry awards
"We build from the micro" - James Mahon, co-manager of the Tenax Absolute Return Strategies Fund talks about the role of macroeconomics in the investment process
The full Masterclass covers topics from fiscal stimulus and trade wars to the variability of returns from the sector. There is also a debate around current political risks and the outlook for 2020. In addition to James the panel includes representatives from Jupiter Asset Management, Candriam Investors Group & Newton Investment Management.
Registered Asset TV users can view the whole recording here.
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.
A recording of our October 2019 Fund Manager Update webinar 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 recent performance, the state of bond markets, impact of slowing global economic growth on other asset classes and the current high allocation to AAA floating rate notes.
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.
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.”
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.
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.
Head of Investments
Our News section features a range of articles that reference the Tenax fund
In this post Sam Liddle tells Investment Week why we think interest rates may have bottomed out and he shares the strategies being adopted by the Tenax managers to mitigate the risk of rising rates.