The Varus Fund has achieved performance of 39 per cent, which represents a CAGR of 11.6 per cent, since inception on 1 September 2009, with 6.6 per cent volatility and a correlation of 0.2 to DAX 30 and Eurostoxx 50.

This return has been achieved with an average net exposure of 16 per cent and gross exposure of 85 per cent.
 
The Varus Fund has grown from USD2m to USD100m during one of the most challenging economic times since the Great Depression in the 1920s.