| SMLPX | |
|---|---|
| Total return | +113.83% |
| Annualised (CAGR) | +7.90% |
| Volatility (annualised) | +22.86% |
| Sharpe (rf = 0) | 0.35 |
| Deepest drawdown | -60.48% |
| Drawdown peak → trough | 2017-01-26 → 2020-03-18 |
| Dividend yield (12m distributions) | 3.84% (as of 2026-10-02) |
Over the 10.0 years to 2026-10-02 the fund returned +113.83% in total (+7.90% a year), with a deepest drawdown of -60.48% from 2017-01-26 to 2020-03-18. Its worst calendar year was 2018 (-18.10%), its best 2024 (+37.82%).
| Year | SMLPX |
|---|---|
| 2026 | +19.12% |
| 2025 | +5.24% |
| 2024 | +37.82% |
| 2023 | +14.12% |
| 2022 | +14.67% |
| 2021 | +22.72% |
| 2020 | -17.32% |
| 2019 | +16.33% |
| 2018 | -18.10% |
| 2017 | -6.77% |
| 2016 | +4.93% |
+113.83% in total, which works out to +7.90% 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 -18.10% (net of fees, dividends reinvested). Its best year was 2024 (+37.82%).
-60.48%, from a peak on 2017-01-26 to a trough on 2020-03-18. From that trough it took 735 days (about 24.1 months) to climb back to the earlier peak.
Over the last 12 months it distributed 3.84% 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 SMLPX 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 -60.48% 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.