| IBRFX | |
|---|---|
| Total return | +122.88% |
| Annualised (CAGR) | +8.35% |
| Volatility (annualised) | +13.75% |
| Sharpe (rf = 0) | 0.61 |
| Deepest drawdown | -38.04% |
| Drawdown peak → trough | 2018-05-24 → 2020-03-18 |
| Dividend yield (12m distributions) | 9.90% (as of 2026-10-02) |
Over the 10.0 years to 2026-10-02 the fund returned +122.88% in total (+8.35% a year), with a deepest drawdown of -38.04% from 2018-05-24 to 2020-03-18. Its worst calendar year was 2018 (-11.87%), its best 2026 (+37.10%).
| Year | IBRFX |
|---|---|
| 2026 | +37.10% |
| 2025 | +18.88% |
| 2024 | +5.83% |
| 2023 | -3.27% |
| 2022 | +8.13% |
| 2021 | +19.10% |
| 2020 | +8.00% |
| 2019 | +4.45% |
| 2018 | -11.87% |
| 2017 | +5.04% |
| 2016 | -0.69% |
+122.88% in total, which works out to +8.35% a year over the 10 years to 2026-10-02. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2018 — its calendar-year return was -11.87% (net of fees, dividends reinvested). Its best year was 2026 (+37.10%).
-38.04%, from a peak on 2018-05-24 to a trough on 2020-03-18. From that trough it took 327 days (about 10.7 months) to climb back to the earlier peak.
Over the last 12 months it distributed 9.90% of its share price (as of 2026-10-02). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
It does not say IBRFX is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -38.04% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.