ADISX Performance — Aperture Discover Equity Fund, Institutional Shares
Data updated: 2024-03-15
ADISX returned +18.87% over one year to Dec 2023. The annualised 3-year return is +0.11%. Against its US Small Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $100, against $116 for the category, and to $119 over one year, against $115. Volatility over the past three years was 27.83% a year. In the 12 months to Dec 2023 the fund took in a net $265.6M, and assets reached $212.63M.
ADISX Growth of $100
What $100 invested in Aperture Discover Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | ADISX | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $119 | $115 |
| 3 years (Jan 2021 – Dec 2023) | $100 | $116 |
| Since data start (Jan 2020 – Dec 2023) | $160 | $136 |
ADISX Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +18.87% |
| 3 years (annualised) | +0.11% |
ADISX Annual Returns
Calendar-year total returns of Aperture Discover Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +18.87% |
| 2022 | −34.55% |
| 2021 | +28.95% |
| 2020 | +58.99% |
ADISX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | −4.5% | −2.3% | +15.6% | +14.4% | −5.4% | −0.9% | −8.9% | −6.0% | +3.2% | +11.4% | +14.6% | −9.0% |
| 2022 | −4.0% | −2.8% | −13.3% | −12.3% | −3.1% | −9.1% | −9.2% | −3.7% | +11.7% | −7.9% | +2.6% | +13.5% |
| 2021 | −0.8% | +9.4% | +3.8% | +4.6% | +1.2% | +5.5% | −3.8% | +5.4% | −0.9% | +1.0% | −5.2% | +6.4% |
| 2020 | −23.1% | −7.0% | −1.5% | +6.2% | +21.1% | +24.3% | −4.5% | +5.8% | +9.0% | +9.5% | +18.3% | −0.9% |
ADISX Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 27.83%
- 3-year Sharpe ratio: -0.16 (vs 4.5% risk-free rate)
- Best month: +15.63% (Mar 2023)
- Worst month: −13.26% (Mar 2022)
ADISX Fund Flows
Monthly money in and out of Aperture Discover Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $265.6M
- 12-month gross sales (incl. reinvestments): $31.3M
- Sales ÷ redemptions: -0.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | −$841K | −$584K | −$256K |
| Nov 2023 | $150 | −$1.9M | $1.9M |
| Oct 2023 | $150 | −$102.4M | $102.4M |
| Sep 2023 | $1.1M | −$244K | $1.3M |
| Aug 2023 | $27.0M | −$26.6M | $53.6M |
| Jul 2023 | $283K | −$387K | $670K |
| Jun 2023 | $361K | −$229K | $590K |
| May 2023 | $453K | −$801K | $1.3M |
| Apr 2023 | $446K | −$50K | $496K |
| Mar 2023 | $981K | −$7.6M | $8.6M |
| Feb 2023 | $665K | −$46.9M | $47.6M |
| Jan 2023 | $781K | −$46.6M | $47.4M |
ADISX Assets Under Management
Net assets of Aperture Discover Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $212.63M |
| 2023-09-30 | $281.24M |
| 2023-06-30 | $316.30M |
| 2023-03-31 | $294.62M |
| 2022-12-31 | $360.31M |
| 2022-09-30 | $340.26M |
| 2022-06-30 | $343.09M |
| 2022-03-31 | $443.31M |
| 2021-12-31 | $539.71M |
| 2021-09-30 | $563.91M |
| 2021-06-30 | $560.98M |
| 2021-03-31 | $397.24M |
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.