DRAFT
Fund Review
Cyan C3G Fund
Performance as at Apr 2026
Cyan Investment Management Pty Ltd, established in 2013 and based in Melbourne, specialises in boutique funds management. It is led by directors and portfolio managers Graeme Carson and Dean Fergie, who are also major shareholders. With over 50 years of combined industry experience, they have backgrounds in stockbroking, funds management, and analysing ASX listed companies, contributing to Cyan's focus on identifying and valuing investment opportunities.
| 1 Year | 3 Years3 | 5 Years3 | 7 Years3 | Inception3,4 | ||
| Total Return | Fund | 4.34% | -0.62% | -12.97% | -6.97% | 2.72% |
| Peer Group1 | 8.85% | 8.32% | 4.17% | 8.28% | 9.78% | |
| Index2 | 15.31% | 8.70% | 3.66% | 5.45% | 6.77% | |
| Volatility | Fund | 21.44% | 16.50% | 18.85% | 21.17% | 18.08% |
| Peer Group1 | 14.33% | 11.49% | 13.36% | 17.14% | 14.63% | |
| Index2 | 16.03% | 13.73% | 16.44% | 18.86% | 16.70% | |
| 1Equity Long - Small/Mid Cap - Australia, 2ASX Small Ordinaries Total Return Index, 3Annualised, 4Jul 2014 | ||||||
Strategy Description
The Cyan C3G Fund is a wholesale unregistered managed investment scheme under a unit trust structure, investing primarily in ASX listed companies outside the ASX 100. Holding 20-40 stocks, it employs a proprietary stock filter to identify growth opportunities, avoiding investments based on gearing levels, cash flow, commodity price exposure, or customer concentration. The Fund targets under-researched, undervalued businesses with potential re-rating catalysts, and manages a portfolio of Australian listed securities, reducing equities exposure to cash when necessary. The Fund avoids derivatives and leveraging, although its investee companies may be leveraged, and there are no guarantees on distributions or returns.Cumulative Performance
Core Details |
PG = Peergroup Average | ||
| APIR: | CIM0001AU | Status: | Open |
| Peer Group: | Equity Long - Small/Mid Cap - Australia | Inception Date: | Jul 2014 |
| Strategy: | Equity Long | Style: | Blend |
| Geography: | Australia | Domicile: | Australia |
| Investors: | Wholesale | Distributions: | Annually |
| Fund Size: | AU$ 15m | Manager FUM: | AU$ 35m |
| Applications: | Monthly, Initial: AU$ 100,000 | Redemptions: | Monthly |
| Management Fee: | 1.50% (PG avg: 1.15%) | Performance Fee: | 20.00% (PG avg: 16.31%) |
| Buy/Sell Spread: | 0.3%/0.3% (PG avg: 0.27%/0.27%) | Hurdle: | 2.5% per Calendar Quarter |
| Early Redemption Fee | No | High Water Mark: | Yes |
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
Cyan C3G Fund
Performance vs Equity Long - Small/Mid Cap - Australia and ASX Small Ordinaries Total Return Index
Since Aug 2014, the Fund has returned 2.72% p.a. vs the Peer Group's return of 9.78%. Over the past 12 months, the Fund has returned 4.34% vs the Peer Group's 8.85%. For the 3, 5, and 7-year periods, the Fund returned -0.62%, -12.97%, and -6.97% respectively vs the Peer Group's returns of 8.32%, 4.17%, and 8.28% respectively. The Fund's returns have been delivered with a volatility of 18.08% p.a. vs the Peer Group's 14.63%.
Only seven years of data shown. Click here to view all data.
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.46 | -4.69 | -12.84 | 1.00 | NA | NA | NA | NA | NA | NA | NA | NA | -15.71 |
| 2025 | 1.22 | 0.44 | -6.25 | 2.22 | 7.67 | 10.41 | -3.37 | -4.79 | 6.49 | 5.60 | 0.09 | 0.56 | 20.61 |
| 2024 | -2.26 | -3.59 | 1.60 | 3.28 | -1.40 | 4.50 | 4.43 | -2.83 | 2.18 | -2.49 | 3.41 | 5.77 | 12.67 |
| 2023 | -0.73 | -7.73 | -5.38 | -1.98 | -3.51 | -8.07 | 7.15 | -3.39 | -3.28 | -3.75 | -1.51 | 1.79 | -27.20 |
| 2022 | -9.76 | -7.96 | 0.26 | -3.68 | -14.03 | -16.74 | 11.81 | -4.82 | -8.39 | 2.04 | -0.63 | -0.09 | -43.30 |
| 2021 | 1.48 | 2.59 | -3.07 | 2.22 | -2.82 | 1.40 | 1.83 | 0.78 | 3.38 | 3.14 | -2.23 | 0.18 | 8.94 |
| 2020 | -0.26 | -11.93 | -20.69 | 8.94 | 9.16 | 0.50 | 9.90 | 11.65 | -5.19 | -2.02 | 12.21 | 1.35 | 7.93 |
| 2019 | 4.02 | 0.61 | 3.18 | 2.07 | 2.81 | 1.12 | 5.18 | 0.10 | 8.62 | -1.64 | -3.20 | -4.19 | 19.54 |
| 2018 | -0.28 | 1.57 | -2.01 | -5.28 | 3.41 | 0.05 | 2.32 | 0.65 | -2.18 | -6.23 | -1.89 | -4.18 | -13.63 |
| 2017 | 1.90 | 0.10 | 1.20 | 1.90 | 0.20 | 2.40 | 2.30 | 3.60 | 3.20 | 6.12 | 2.40 | 4.24 | 33.71 |
| 2016 | -0.84 | -3.56 | 2.22 | 7.89 | 5.73 | -0.35 | 5.80 | 1.60 | 1.70 | -2.10 | -2.50 | -1.00 | 14.79 |
| 2015 | 1.90 | 6.26 | 4.57 | 1.76 | 0.66 | 0.33 | 5.07 | -2.30 | 11.39 | 4.15 | 2.27 | 4.50 | 48.10 |
| 2014 | NA | NA | NA | NA | NA | NA | NA | 2.40 | -0.20 | -0.29 | -0.59 | 3.75 | 5.10 |
| 1 Year | 3 Years | 5 Years | 7 Years | Inception | ||
| Total Return | Fund | 4.34% | -0.62% | -12.97% | -6.97% | 2.72% |
| Peer Group | 8.85% | 8.32% | 4.17% | 8.28% | 9.78% | |
| Index2 | 15.31% | 8.70% | 3.66% | 5.45% | 6.77% | |
| Volatility | Fund | 21.44% | 16.50% | 18.85% | 21.17% | 18.08% |
| Peer Group | 14.33% | 11.49% | 13.36% | 17.14% | 14.63% | |
| Index | 16.03% | 13.73% | 16.44% | 18.86% | 16.70% | |
| Sharpe | Fund | 0.13 | -0.20 | -0.79 | -0.34 | 0.13 |
| Peer Group | 0.41 | 0.41 | 0.16 | 0.43 | 0.58 | |
| Index | 0.74 | 0.39 | 0.13 | 0.26 | 0.36 | |
| Sortino | Fund | 0.03 | -0.38 | -1.03 | -0.56 | 0.05 |
| Peer Group | 0.44 | 0.49 | 0.12 | 0.46 | 0.70 | |
| Index | 0.90 | 0.46 | 0.06 | 0.22 | 0.38 | |
| Largest Drawdown | Fund | -16.93% | -16.93% | -61.90% | -61.90% | -61.90% |
| Peer Group | -14.37% | -14.37% | -23.29% | -29.83% | -29.83% | |
| Index | -13.25% | -13.25% | -24.24% | -29.12% | -29.12% |
Return in Index's 10 Best & 10 Worst Months %
Return in Index's 10 Best & 10 Worst Months %
Annualised Return vs Standard Deviation
Cyan C3G Fund - Annualised Return vs. Standard Deviation
Please view https://fundmonitors.com/disclaimer.php for the full disclaimer. The content is updated monthly and only the current version should be used.
Cyan C3G Fund
Annual Returns
Annual Returns %
Drawdown
Drawdown%
Service Providers
| Trustee/RE: | Cyan Investment Management |
| Custodian: | Sandhurst Trustees |
| Administrator: | Apex Fund Services |
| Auditor: | Not Applicable |
| Legal: | Steinepreis Paganin |
| Prime Broker: | Not Applicable |
Available on Investment Platforms
OLIVIA123
Key Staff
Graeme Carson
Director & Portfolio Manager
Years in industry: 32, Years at Firm: 13
Dean Fergie
Director & Portfolio Manager
Years in industry: 36, Years at Firm: 13
About AFM's Fund Reviews and Star Ratings
AFM's proprietary Star Rating system provides a quantitative ranking of performance and risk of funds in its peer group relative to similar funds. Funds must have a minimum 1 year track record.
Star Ratings for Performance reflects annualised return. Risk is a combination of downside deviation, maximum drawdown and longest drawdown, which are allocated in reverse.
| AFM Star Rating | Relative performance band compared to funds in the same Peer Group |
|---|---|
| ★ ★ ★ ★ ★ | Premium: The fund is in the top 10% of all funds in its peer group. |
| ★ ★ ★ ★ ☆ | Top Quartile: The fund ranges between 75 and 90% of all funds in its peer group. |
| ★ ★ ★ ☆ ☆ | Second Quartile: The fund ranges between 50 and 75% of all funds in its peer group. |
| ★ ★ ☆ ☆ ☆ | Third Quartile: The fund ranges between 25 and 50% of all funds in its peer group. |
| ★ ☆ ☆ ☆ ☆ | Fourth Quartile: The fund is in the lowest 25% of all funds in its peer group. |
All performances, rankings and Star Ratings are updated monthly. Past performance does not guarantee future performance.
Copyright
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Disclaimer
The information in this report, including financial returns, strategies, and other content (collectively referred to as "Content") has been prepared and issued by Australian Fund Monitors Pty Limited (A.C.N. 122 226 724, AFSL 324476) otherwise referred to as AFM. The information and content herein is designed for holders of an Australian Financial Services Licence or for Wholesale or Sophisticated investors, and does not constitute personal financial advice, and is for general information purposes only. Users of this report or any Content of AFM's websites (the "Websites") should not act or make any financial decision without first seeking professional advice. Whilst the Content has been prepared with all reasonable care from sources which we believe are reliable, no responsibility or liability is accepted by AFM for any errors or omissions or misstatements contained herein.