ABRWX Performance — DSS AmericaFirst Monthly Risk-On Risk-Off Fund, Class I
Data updated: 2025-09-08
ABRWX returned +14.36% over one year to Jun 2025. Annualised returns are +12.01% over 3 years and +6.44% over 5 years. Against its US Large Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $141, against $154 for the category, and to $114 over one year, against $112. Volatility over the past three years was 17.19% a year. In the 12 months to Jun 2025 the fund lost a net $2.0M, and assets reached $4.56M.
ABRWX Growth of $100
What $100 invested in DSS AmericaFirst Monthly Risk-On Risk-Off Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | ABRWX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $114 | $112 |
| 3 years (Jul 2022 – Jun 2025) | $141 | $154 |
| 5 years (Jul 2020 – Jun 2025) | $137 | $184 |
| Since data start (Jan 2020 – Jun 2025) | $124 | $180 |
ABRWX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +14.36% |
| 3 years (annualised) | +12.01% |
| 5 years (annualised) | +6.44% |
ABRWX Annual Returns
Calendar-year total returns of DSS AmericaFirst Monthly Risk-On Risk-Off Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +2.54% |
| 2024 | +15.19% |
| 2023 | +14.80% |
| 2022 | −11.47% |
| 2021 | +8.88% |
| 2020 | −5.45% |
ABRWX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.9% | −2.7% | −4.5% | −1.5% | +3.8% | +5.9% | — | — | — | — | — | — |
| 2024 | +0.9% | +7.7% | −1.1% | −11.0% | +3.9% | +4.0% | −2.9% | +2.9% | +2.6% | +2.1% | +11.4% | −4.3% |
| 2023 | +2.2% | −4.1% | +0.8% | −1.7% | −0.2% | +7.5% | +5.0% | −5.7% | −5.1% | −2.0% | +9.4% | +9.3% |
| 2022 | −4.6% | −0.2% | +0.1% | −4.2% | −1.2% | −5.4% | +3.8% | −0.7% | −5.0% | +5.9% | +2.4% | −2.4% |
| 2021 | −3.0% | +1.9% | +3.5% | +3.1% | +1.8% | +2.1% | −4.2% | +1.0% | −2.9% | +2.1% | −0.5% | +3.9% |
| 2020 | +0.5% | −7.7% | −7.3% | +6.1% | −0.9% | +0.1% | +2.9% | −0.1% | −0.7% | −1.8% | +3.3% | +1.1% |
ABRWX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 17.19%
- 3-year Sharpe ratio: 0.44 (vs 4.5% risk-free rate)
- Best month: +11.37% (Nov 2024)
- Worst month: −10.99% (Apr 2024)
ABRWX Fund Flows
Monthly money in and out of DSS AmericaFirst Monthly Risk-On Risk-Off Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.0M
- 12-month gross sales (incl. reinvestments): $313K
- Sales ÷ redemptions: 0.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $98 | $0 | $98 |
| May 2025 | $98 | $114K | −$114K |
| Apr 2025 | $292 | $5K | −$4K |
| Mar 2025 | $118K | $895K | −$777K |
| Feb 2025 | $118K | $800K | −$682K |
| Jan 2025 | $0 | $129K | −$129K |
| Dec 2024 | $288 | $100K | −$100K |
| Nov 2024 | $13K | $35K | −$22K |
| Oct 2024 | $2K | $36K | −$34K |
| Sep 2024 | $60K | $82K | −$22K |
| Aug 2024 | $288 | $105K | −$105K |
| Jul 2024 | $287 | $34K | −$33K |
ABRWX Assets Under Management
Net assets of DSS AmericaFirst Monthly Risk-On Risk-Off Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $4.56M |
| 2025-03-31 | $4.33M |
| 2024-12-31 | $4.83M |
| 2024-09-30 | $4.59M |
| 2024-06-28 | $4.64M |
| 2024-03-28 | $5.05M |
| 2023-12-29 | $4.85M |
| 2023-09-29 | $4.61M |
| 2023-06-30 | $5.35M |
| 2023-03-31 | $5.87M |
| 2022-12-30 | $6.28M |
| 2022-09-30 | $6.21M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.