ACVWX Performance — AC Alternatives Market Neutral Value Fund, R Class
Data updated: 2022-02-22
ACVWX returned −2.08% over one year to Dec 2021. Over one year the fund trailed its Commodities category average: $100 grew to $98, against $111 for the category. Volatility over the past 12 months was 1.34% a year. In the 12 months to Dec 2021 the fund lost a net $20.3M, and assets reached $36.50M.
ACVWX Growth of $100
What $100 invested in AC Alternatives Market Neutral Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Commodities category average over the same months.
| Period | ACVWX | Category average |
|---|---|---|
| 1 year (Jan 2021 – Dec 2021) | $98 | $111 |
| Since data start (Jul 2019 – Dec 2021) | $94 | $127 |
ACVWX Trailing Returns
Total returns to Dec 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −2.08% |
| 3 years (annualised) | −2.59% |
ACVWX Annual Returns
Calendar-year total returns of AC Alternatives Market Neutral Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 | −2.08% |
| 2020 | −4.74% |
| 2019 (Jul–Dec) | +0.39% |
ACVWX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | −1.0% | −0.6% | −0.1% | −0.4% | 0.0% | −0.1% | 0.0% | −0.1% | +0.5% | −0.4% | −0.1% | +0.2% |
| 2020 | −1.0% | +0.7% | +1.1% | −1.2% | −0.1% | −1.8% | −0.9% | −0.9% | +0.1% | −0.5% | +0.1% | −0.5% |
| 2019 | — | — | — | — | — | — | +1.0% | +0.1% | +0.3% | −1.0% | +0.7% | −0.7% |
ACVWX Risk
Risk measures from monthly returns over Jan 2021 – Dec 2021.
- 1-year volatility (annualised): 1.34%
- Best month: +0.47% (Sep 2021)
- Worst month: −1.04% (Jan 2021)
ACVWX Fund Flows
Monthly money in and out of AC Alternatives Market Neutral Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$20.3M
- 12-month gross sales (incl. reinvestments): $12.5M
- Sales ÷ redemptions: 0.38×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2021 | $872K | $1.1M | −$190K |
| Nov 2021 | $564K | $861K | −$297K |
| Oct 2021 | $429K | $550K | −$121K |
| Sep 2021 | $459K | $3.5M | −$3.1M |
| Aug 2021 | $878K | $6.7M | −$5.8M |
| Jul 2021 | $648K | $914K | −$266K |
| Jun 2021 | $688K | $4.7M | −$4.0M |
| May 2021 | $980K | $1.5M | −$551K |
| Apr 2021 | $943K | $917K | $26K |
| Mar 2021 | $1.0M | $1.2M | −$137K |
| Feb 2021 | $1.5M | $2.8M | −$1.2M |
| Jan 2021 | $3.4M | $8.2M | −$4.7M |
ACVWX Assets Under Management
Net assets of AC Alternatives Market Neutral Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2021-12-31 | $36.50M |
| 2021-09-30 | $37.14M |
| 2021-06-30 | $46.08M |
| 2021-03-31 | $50.74M |
| 2020-12-31 | $57.69M |
| 2020-09-30 | $58.43M |
| 2020-06-30 | $61.13M |
| 2020-03-31 | $67.44M |
| 2019-12-31 | $77.41M |
| 2019-09-30 | $146.59M |
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.