Performance
We evaluate performance across more than headline return. Income generation, consistency, downside, volatility, and the underlying drivers of portfolio results all form part of how we assess outcomes over time.
Performance information is presented to provide a clear view of both return and risk across Synapse Capital strategies.
View Latest ResultsLatest Performance
Performance figures are net of applicable management fees. Past performance is not indicative of future results.
Return Profile
Total return reflects multiple sources of portfolio value rather than a single performance driver.
Recurring income generated by underlying assets and operating activities.
Changes in the underlying value of portfolio assets over time.
Value influenced by allocation decisions, operating improvements, portfolio positioning, and realization activity.
Historical Performance
Present performance across available reporting periods.
Period
Synapse Fund
Benchmark
Relative
1 Month
—
—
—
3 Months
—
—
—
YTD
—
—
—
1 Year
+18.4%
+7.2%
+11.2 pts
3 Years
—
—
—
5 Years
—
—
—
Since Inception
—
—
—
Quarterly Results
Quarterly results provide greater visibility into how portfolio performance develops through different operating and market environments.
Q2 2026
+4.1% Quarterly Return
Additional quarterly data will be displayed as verified results become available.
View Investor ReportsIncome
Income generation forms an important component of the strategy's total return profile.
The portfolio currently reports an 8.2% annualised distribution, supported by income generated across underlying portfolio activities.
Distribution levels may change and are not guaranteed.
8.2%
Annualised Distribution
Monthly
Distribution Frequency
Historical distribution data will be displayed as verified records become available.
RISK & RETURN
Performance is assessed alongside the amount of risk taken to generate it.
1.84
Sharpe Ratio
A measure of return relative to portfolio volatility.
-3.1%
Maximum Drawdown
Largest peak-to-trough decline recorded since inception.
+11.2 pts
1-Year Relative Performance
Difference between the reported +18.4% fund return and +7.2% benchmark return.
Positioning based on reported 1-year return. Illustrative risk placement.
PERFORMANCE ATTRIBUTION
Portfolio outcomes are influenced by performance across different infrastructure segments.
Allocation represents portfolio exposure and should not be interpreted as contribution to return unless verified attribution data is available.
Performance Drivers
Performance across AI infrastructure is influenced by a combination of operating and market factors.
Growth in AI training and inference influences demand for infrastructure capacity.
Higher utilization can improve the economics of deployed computing assets.
Power availability and pricing directly affect high-density infrastructure operations.
Changes in GPU generations, performance, supply, and pricing influence compute economics.
Additional operational capacity can broaden the portfolio's income-producing asset base.
Interest rates, financing conditions, and market expectations affect asset values.
Downside
Long-term performance should be considered alongside periods of decline.
The strategy has recorded a maximum drawdown of -3.1% since inception, representing the largest decline from a previous portfolio peak during the reported period.
Reporting
Qualified clients receive more detailed reporting through the Synapse Capital platform, including portfolio activity, performance, allocations, distributions, and applicable financial information.
Investor LoginAvailable reporting may include
Methodology
Performance should be presented consistently across reporting periods and clearly distinguish total return, distributions, benchmark comparison, and risk measures.
Where applicable, figures should identify:
Historical figures should never be extrapolated where verified information is unavailable.
Important Information
Historical results provide information about prior portfolio outcomes but cannot predict future performance.
Market conditions, asset values, operating performance, technology cycles, financing conditions, liquidity, and other factors may cause future results to differ materially from historical periods.
Performance data shown is for informational purposes and should be read together with the applicable strategy documentation. Past performance is not a reliable indicator of future results. Returns and distributions are not guaranteed. Capital is at risk.