Outperform over the long-run.

What we want.

Returns that are good on an absolute basis, and that outperform the global market over rolling 10-year periods.

How we’ve done.

The Phronesis Fund has outperformed most things we can reasonably be compared to, including hedge fund indices, private client indices, and the global market.

Why it matters.

Over a 30-year investment lifetime an extra 2.5% annualized return doubles one's total return; an extra 5% annualized return quadruples one's total return. Even modest outperformance can make a big difference.