Simulated Performance for TRIAN FUND MANAGEMENT, L.P.
| Reporting Period | Quarterly Simulated Performance | Quarterly Hit Rate | Annual Simulated Performance | Annual Hit Rate | Annual Simulated Performance Decile | Annual Simulated Performance Hedge Funds Decile | Annual Simulated Performance Quant Decile | Annual Simulated Performance Fundamental Decile |
|---|---|---|---|---|---|---|---|---|
| June 30, 2013 | 13.20 % | 0.92 | 26.64 % | 0.92 | ||||
| Sept. 30, 2013 | 7.01 % | 0.80 | 13.06 % | 0.70 | ||||
| Dec. 31, 2013 | 0.84 % | 0.55 | 12.31 % | 0.91 | ||||
| March 31, 2014 | 6.63 % | 0.75 | 16.16 % | 1.00 | ||||
| June 30, 2014 | -0.26 % | 0.36 | 11.69 % | 0.91 | ||||
| Sept. 30, 2014 | 5.44 % | 0.91 | 1.36 % | 0.45 | ||||
| Dec. 31, 2014 | 2.24 % | 0.64 | 3.51 % | 0.45 | ||||
| March 31, 2015 | 0.96 % | 0.40 | -1.06 % | 0.40 | ||||
| June 30, 2015 | -7.85 % | 0.27 | 6.82 % | 0.50 | ||||
| Sept. 30, 2015 | 14.03 % | 0.73 | 18.93 % | 0.82 | ||||
| Dec. 31, 2015 | -0.36 % | 0.44 | 13.99 % | 0.89 | ||||
| March 31, 2016 | 4.71 % | 0.50 | 13.06 % | 0.88 | ||||
| June 30, 2016 | -1.32 % | 0.50 | 7.14 % | 0.67 | ||||
| Sept. 30, 2016 | 10.39 % | 1.00 | 5.17 % | 0.60 | ||||
| Dec. 31, 2016 | -0.27 % | 0.62 | 2.35 % | 0.75 | ||||
| March 31, 2017 | -0.08 % | 0.62 | -3.24 % | 0.62 | ||||
| June 30, 2017 | 1.26 % | 0.71 | -3.87 % | 0.43 | ||||
| Sept. 30, 2017 | 1.14 % | 0.88 | -3.48 % | 0.38 | ||||
| Dec. 31, 2017 | -6.78 % | 0.14 | -8.75 % | 0.29 | ||||
| March 31, 2018 | 0.15 % | 0.43 | 13.57 % | 0.71 | ||||
| June 30, 2018 | 3.58 % | 0.78 | 14.82 % | 0.67 | ||||
| Sept. 30, 2018 | -5.96 % | 0.11 | 18.90 % | 0.56 | ||||
| Dec. 31, 2018 | 14.47 % | 1.00 | 35.95 % | 1.00 | ||||
| March 31, 2019 | 4.43 % | 0.75 | -9.56 % | 0.25 | ||||
| June 30, 2019 | 7.65 % | 0.78 | -2.36 % | 0.33 | ||||
| Sept. 30, 2019 | 5.45 % | 0.88 | 2.58 % | 0.50 | ||||
| Dec. 31, 2019 | -22.66 % | 0.12 | 4.65 % | 0.38 | ||||
| March 31, 2020 | 11.09 % | 0.88 | 39.62 % | 1.00 | ||||
| June 30, 2020 | 10.01 % | 0.70 | 43.06 % | 1.00 | ||||
| Sept. 30, 2020 | 14.70 % | 0.88 | 26.15 % | 0.88 | ||||
| Dec. 31, 2020 | 7.26 % | 0.71 | 13.19 % | 0.86 | ||||
| March 31, 2021 | 6.43 % | 0.88 | 4.79 % | 0.62 | ||||
| June 30, 2021 | -1.79 % | 0.25 | -14.29 % | 0.38 | ||||
| Sept. 30, 2021 | 8.73 % | 0.62 | -24.63 % | - | ||||
| Dec. 31, 2021 | -10.05 % | 0.22 | -21.49 % | 0.11 | ||||
| March 31, 2022 | -19.77 % | 0.12 | -9.68 % | 0.38 | ||||
| June 30, 2022 | -9.84 % | - | 23.14 % | 0.88 | ||||
| Sept. 30, 2022 | 23.93 % | 1.00 | 33.72 % | 0.88 | ||||
| Dec. 31, 2022 | 5.33 % | 0.75 | 23.15 % | 0.75 | ||||
| March 31, 2023 | 5.01 % | 0.75 | 32.58 % | 0.88 | ||||
| June 30, 2023 | -4.02 % | 0.25 | 15.26 % | 0.50 | ||||
| Sept. 30, 2023 | 13.00 % | 0.88 | 26.37 % | 0.88 | ||||
| Dec. 31, 2023 | 21.44 % | 0.75 | 18.37 % | 0.75 | ||||
| March 31, 2024 | -12.62 % | 0.12 | -9.66 % | 0.25 | ||||
| June 30, 2024 | 13.36 % | 0.82 | - | - | ||||
| Sept. 30, 2024 | -0.77 % | 0.22 | - | - | ||||
| Dec. 31, 2024 | -2.61 % | 0.33 | - | - | ||||
| March 31, 2025 | - | - | - | - |