PERFORMANCE
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PROCESS | PERFORMANCE
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Past performance of Baobab and its predecessor, managed by Martin van Blerk.
| Period Ending |
BAOBAB (and predecessor) |
MSCI AC World Index
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NAV |
Audited |
1997 |
$44.90 |
No |
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1998 |
31.0% |
34.2% |
-3.2% |
$58.82 |
No |
1999 |
26.3% |
9.2% |
17.1% |
$74.29 |
No |
2000 |
21.9% |
-6.1% |
9.2% |
$86.03 |
No |
2001 |
20.9% |
-22.0% |
42.9% |
$104.01 |
No |
2002 |
13.5% |
-4.0% |
17.5% |
$118.05 |
No |
2003 |
-16.2% |
-29.2% |
13.0% |
$98.93 |
No |
| 2004* | 66.7% |
39.7% |
27.1% |
$164.95 |
Yes |
| 2005 | -3.8% |
17.4% |
-21.2% |
$158.70 |
Yes |
| 2006 | 20.9% |
14.4% |
6.5% |
$191.81 |
Yes |
| 2007 | -3.8% |
5.2% |
-9.1% |
$184.49 |
Yes |
| 2008 | -47.4% |
-40.9% |
-6.5% |
$97.06 |
Yes |
| 2009 | 70.3% |
26.2% |
44.0% |
$165.27 |
Yes |
| Jun 2010 | 0.7% |
-10.4% |
11.1% |
$166.37 |
Pending |
Compound growth |
10.4% |
1.9% |
8.5% |
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*It is very important to note that we switched from the predecessor (Private fund) to Baobab on 2 February 2004. Also, in 2004 the year end was changed from April to December. This means that in 2004, the "year" for performance measurement purposes ran from April 2003 to Dec 2004 and partly explains the exceptional performance in 2004. |
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NB None of Baobab's predecessor results were audited. There is no guarantee that Martin will be able to replicate his past performance.
Incentive Fee Structure
Our incentive culture has one very simple aim: to ensure that the person responsible for the investment decisions gets to eat his own cooking.
Firstly, Martin as the allocator of capital is contracted to have at least 80% of his liquid assets invested in BAOBAB at all times.
Secondly, the management company, Cherubim Ventures (Pty) Ltd, receives 29% of the returns above bank interest as a performance fee.
PLEASE NOTE that the above is a brief summary of the incentive fees. Consult the Fund Management agreement for full details.
Who is Marketocracy?
Marketocracy Data Services is a research company whose mission is to find the best investors in the world and then track, analyze, and evaluate their trading activity. The company's affiliate, Marketocracy Capital Management, is the investment advisor for the Marketocracy family of mutual funds and uses the research generated by Marketocracy Data Services.
Achieving Higher Returns With Lower Risk
Many experts will tell you it isn't possible to beat the market consistently, especially with lower risk. And the historical performance of most investors, including professional portfolio managers, supports their beliefs.
How have we done?
The Marketocracy m100 Index is an aggregate of the top 100 portfolios at Marketocracy. The m100 Index has beaten the S&P 500 Index by 65.2%, since inception, with a beta of 0.49
Marketocracy has recruited over 55,000 people to manage over 65,000 model portfolios at www.marketocracy.com that compete to become the best investors. For over 3 years we have tracked, analyzed, and evaluated their virtual trading activity and have accumulated a massive database; following over 10,000 stock positions at any one time and more than four million trades.
Martin van Blerk established the Shibumi fund with Marketocracy in 2001. The Shibumi Fund reflects the American holdings of Baobab for the most part. Marketocracy only allows investment in US listed securities. The orange line in the graph tracks the Shibumi fund's performance, since inception.
More information on Marketocracy can be found here
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