ACEAX Performance — AB All China Equity Portfolio, Class A
Data updated: 2026-09-09
ACEAX returned −0.48% year to date and +15.94% over one year to Jun 2026. Annualised returns are +13.36% over 3 years and −3.21% over 5 years. Against its China Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $146, against $145 for the category, and to $116 over one year, against $123. Volatility over the past three years was 19.52% a year. In the 12 months to Jun 2026 the fund lost a net $7.6M, and assets reached $47.80M.
ACEAX Growth of $100
What $100 invested in AB All China Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the China Equity category average over the same months.
| Period | ACEAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $123 |
| 3 years (Jul 2023 – Jun 2026) | $146 | $145 |
| 5 years (Jul 2021 – Jun 2026) | $85 | $92 |
| Since data start (Sep 2019 – Jun 2026) | $122 | $143 |
ACEAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.48% |
| 1 year | +15.94% |
| 3 years (annualised) | +13.36% |
| 5 years (annualised) | −3.21% |
ACEAX Annual Returns
Calendar-year total returns of AB All China Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −0.48% |
| 2025 | +33.49% |
| 2024 | +17.17% |
| 2023 | −11.16% |
| 2022 | −26.89% |
| 2021 | −14.76% |
| 2020 | +25.08% |
| 2019 (Sep–Dec) | +13.52% |
ACEAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.8% | −2.4% | −8.1% | +6.2% | −1.0% | −0.2% | — | — | — | — | — | — |
| 2025 | +2.1% | +5.2% | +3.5% | −5.4% | +2.0% | +6.7% | +3.5% | +9.7% | +7.7% | −3.5% | −2.9% | +1.8% |
| 2024 | −5.1% | +7.5% | +1.1% | +5.0% | +1.2% | −1.7% | −3.0% | −0.5% | +20.4% | −2.9% | −4.1% | +0.8% |
| 2023 | +10.9% | −8.7% | +3.7% | −2.4% | −9.3% | +2.1% | +7.3% | −8.0% | −1.6% | −4.0% | +2.2% | −1.8% |
| 2022 | −0.4% | −3.7% | −8.5% | −6.5% | +1.8% | +5.9% | −11.2% | −1.6% | −12.8% | −13.0% | +22.9% | +1.5% |
| 2021 | +5.8% | +0.6% | −5.9% | +0.9% | +1.0% | −0.6% | −11.0% | +3.2% | −4.9% | +1.7% | −3.9% | −1.6% |
| 2020 | −5.6% | +4.1% | −10.0% | +5.9% | −1.1% | +8.3% | +8.9% | +4.1% | −2.7% | +3.3% | +3.4% | +5.9% |
| 2019 | — | — | — | — | — | — | — | — | +0.4% | +4.2% | +1.1% | +7.3% |
ACEAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 19.52%
- 3-year Sharpe ratio: 0.45 (vs 4.5% risk-free rate)
- Best month: +20.36% (Sep 2024)
- Worst month: −8.14% (Mar 2026)
ACEAX Fund Flows
Monthly money in and out of AB All China Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$7.6M
- 12-month gross sales (incl. reinvestments): $5.8M
- Sales ÷ redemptions: 0.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $222K | $1.4M | −$1.2M |
| May 2026 | $777K | $2.0M | −$1.3M |
| Apr 2026 | $353K | $710K | −$357K |
| Mar 2026 | $136K | $808K | −$672K |
| Feb 2026 | $446K | $532K | −$86K |
| Jan 2026 | $277K | $1.6M | −$1.3M |
| Dec 2025 | $2.6M | $473K | $2.1M |
| Nov 2025 | $78K | $982K | −$904K |
| Oct 2025 | $144K | $555K | −$411K |
| Sep 2025 | $140K | $352K | −$212K |
| Aug 2025 | $316K | $2.4M | −$2.1M |
| Jul 2025 | $342K | $1.6M | −$1.2M |
ACEAX Assets Under Management
Net assets of AB All China Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $47.80M |
| 2026-05-31 | $49.07M |
| 2026-02-28 | $53.13M |
| 2025-11-30 | $52.24M |
| 2025-08-31 | $53.24M |
| 2025-05-31 | $47.25M |
| 2025-02-28 | $52.43M |
| 2024-11-30 | $58.77M |
| 2024-08-31 | $60.36M |
| 2024-05-31 | $68.16M |
| 2024-02-29 | $69.77M |
| 2023-11-30 | $93.38M |
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.