Worldwide Opportunity Fund: Terra Partners

Thriving on the frontier

wright-flyer

The performance of Terra Partners Worldwide Opportunity Fund is not what one would expect from a frontier markets investment vehicle.

Terra’s returns have been surprisingly steady and consistent since inception in 2003, annualising at almost 22% with volatility of 15% and only one losing year. Over the same period, the MSCI Frontier Market Index returned 12.17% annually against volatility of over 23%.

In 2008 Terra Partners lost only 10% compared to a slide of over 50% for the index.

Terra’s impres