Devesh Thacker
Tenure across funds
each stint as the factsheets dated it
The record, stint by stint
fund against category over exactly those months
| Fund | Role | From | To | Months | Fund | Category | Excess | P4 in tenure |
|---|---|---|---|---|---|---|---|---|
| Union Liquid Fund UNION · Liquid | fund manager | Jun 2011 | now | 182 | 6.1% p.a. | 6.5% p.a. | −0.32 pp | 55% of 107 |
| Union Dynamic Term Fund UNION · Dynamic Term | fund manager | Jun 2018 | now | 98 | 6.1% p.a. | 7.4% p.a. | −1.30 pp | 0% of 62 |
| Union Arbitrage Fund UNION · Arbitrage | fund manager | Jan 2019 | now | 91 | 6.1% p.a. | 6.2% p.a. | −0.08 pp | 4% of 54 |
| Union Overnight Fund UNION · Overnight | fund manager | Mar 2019 | now | 89 | 5.1% p.a. | 5.1% p.a. | −0.02 pp | 57% of 53 |
| Union Money Market Fund UNION · Money Market | fund manager | Aug 2021 | now | 60 | 6.4% p.a. | 6.6% p.a. | −0.18 pp | 0% of 24 |
| Union Ultra Short to Short Term Fund UNION · Ultra Short to Short Term | fund manager | Jun 2025 | now | 14 | 5.9% p.a. | 6.2% p.a. | −0.36 pp | under 3 yrs |
| Union Short Term Fund UNION · Ultra Short Term | fund manager | Jun 2018 | Dec 2018 | 7 | — | — | — | under 3 yrs |
* dated by first appearance in the archive we hold, not by a date the factsheet printed. Months are the stint's calendar months. Returns are the fund's primary growth class and the category's median monthly return, compounded over the same months; “P4 in tenure” counts only rolling three-year windows that lie wholly inside the stint. A dash means the NAV or the category median did not cover the months — a category with too few funds in this build has no median.
Why this might matter
A fund's five-year figure belongs to whoever ran it for those five years. Following the person across funds is the only way to see a record that survives a change of employer — and to notice when a fund's record predates the people now running it.
Why it might not
co-managed funds attribute the same months to every named manager, so a record here is the team's before it is anyone's. A factsheet names the manager of record, not who made each call, and fund houses have processes and research desks that outlast individuals. Nothing on this page ranks anyone.