Synapse Invest was founded in 2019 with the mission of offering a diverse range of thematic investment products centered around innovation. Our journey began with the launch of our first Actively Managed Certificates (AMCs) in the closing weeks of 2019, and we are now proud to celebrate more than five years of consistent growth and performance.
This milestone, combined with our ability to navigate dynamic and often volatile market conditions—including both bull and bear markets—provides an excellent opportunity to assess our progress. To that end, we have developed a series of thematic benchmarks designed to be both investable and representative, offering a reliable measure of the performance of various themes and sub-themes.
We understand that using in-house benchmarks to evaluate performance can raise questions, and we take this seriously. To ensure transparency and credibility, the construction methodology and full composition of our thematic benchmarks are available here.
2024 has been a standout year, with all of our portfolios significantly outperforming their respective thematic benchmarks by an average margin of +20%. While one year’s performance is not enough to establish a long-term trend, we are closely monitoring our results on an Inception-to-Date (ITD) basis. Currently, 10 out of our 12 strategies have significantly outperformed their benchmarks, with the remaining 2 still delivering positive outperformance.
As we look back on the past five years, it’s evident that this journey has been an exciting one. Our strong track record instills confidence in our ability to tackle future challenges, though we recognize that our (relative) performance may not be as robust in bear markets as it is in bull markets.
Finally, we would like to express our sincere gratitude to all our investors and partners for their trust and support over these first five years. We eagerly anticipate the path that lies ahead.
