| TAN | |
|---|---|
| Total return | +132.9% |
| Annualised (CAGR) | +8.8% |
| Volatility (annualised) | +38.2% |
| Sharpe (rf = 0) | 0.23 |
| Deepest drawdown | -78.5% |
| Drawdown peak → trough | 2021-02-09 → 2025-04-08 |
Over the 10.0 years to 2026-09-29 the fund returned +132.9% in total (+8.8% a year), with a deepest drawdown of -78.5% from 2021-02-09 to 2025-04-08. Its worst calendar year was 2024 (-37.6%), its best 2020 (+233.9%).
| Year | TAN |
|---|---|
| 2026 | -11.6% |
| 2025 | +48.3% |
| 2024 | -37.6% |
| 2023 | -26.8% |
| 2022 | -5.2% |
| 2021 | -25.1% |
| 2020 | +233.9% |
| 2019 | +66.5% |
| 2018 | -25.7% |
| 2017 | +54.4% |
| 2016 | -14.2% |
+132.9% in total, which works out to +8.8% a year over the 10 years to 2026-09-29. 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.
2024 — its calendar-year return was -37.6% (net of fees, dividends reinvested). Its best year was 2020 (+233.9%).
-78.5%, from a peak on 2021-02-09 to a trough on 2025-04-08. As of 2026-09-29 it had not climbed back to that earlier peak.
It does not say TAN 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 -78.5% 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.