AECVX Performance — Emerging Markets Small Cap Fund, Investor Class
Data updated: 2025-04-18
AECVX returned −4.51% over one year to Feb 2025. Annualised returns are +0.93% over 3 years and +5.79% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $103, against $103 for the category, and to $95 over one year, against $107. Volatility over the past three years was 15.51% a year. In the 12 months to Feb 2025 the fund took in a net $4.9M, and assets reached $21.15M.
AECVX Growth of $100
What $100 invested in Emerging Markets Small Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | AECVX | Category average |
|---|---|---|
| 1 year (Mar 2024 – Feb 2025) | $95 | $107 |
| 3 years (Mar 2022 – Feb 2025) | $103 | $103 |
| 5 years (Mar 2020 – Feb 2025) | $133 | $126 |
| Since data start (Sep 2019 – Feb 2025) | $136 | $128 |
AECVX Trailing Returns
Total returns to Feb 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −4.51% |
| 3 years (annualised) | +0.93% |
| 5 years (annualised) | +5.79% |
AECVX Annual Returns
Calendar-year total returns of Emerging Markets Small Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Feb) | −4.27% |
| 2024 | +2.79% |
| 2023 | +22.85% |
| 2022 | −23.01% |
| 2021 | +14.34% |
| 2020 | +15.90% |
| 2019 (Sep–Dec) | +10.61% |
AECVX 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 | −2.2% | −2.1% | — | — | — | — | — | — | — | — | — | — |
| 2024 | −0.4% | +3.5% | −0.2% | −1.0% | −0.1% | +5.0% | −1.8% | +1.7% | +2.1% | −5.2% | −0.4% | −0.1% |
| 2023 | +4.9% | −4.5% | +2.3% | +0.3% | −1.2% | +4.9% | +6.8% | +0.5% | −3.3% | −4.1% | +8.2% | +6.9% |
| 2022 | −5.9% | −3.8% | −0.4% | −7.2% | −1.1% | −10.1% | +2.0% | +0.1% | −8.6% | +1.8% | +10.7% | −1.6% |
| 2021 | +1.9% | +1.1% | +1.6% | +3.5% | +0.8% | +2.2% | +0.3% | +2.8% | −1.6% | −0.6% | −0.8% | +2.4% |
| 2020 | −2.4% | −4.6% | −21.5% | +12.3% | +4.8% | +7.5% | +7.5% | −0.2% | −1.6% | −0.9% | +10.9% | +8.1% |
| 2019 | — | — | — | — | — | — | — | — | +1.4% | +3.8% | −1.3% | +6.4% |
AECVX Risk
Risk measures from monthly returns over Mar 2022 – Feb 2025.
- 3-year volatility (annualised): 15.51%
- 3-year Sharpe ratio: -0.23 (vs 4.5% risk-free rate)
- Best month: +10.70% (Nov 2022)
- Worst month: −10.14% (Jun 2022)
AECVX Fund Flows
Monthly money in and out of Emerging Markets Small Cap Fund, from SEC Form N-PORT.
- 12-month net flow: $4.9M
- 12-month gross sales (incl. reinvestments): $11.1M
- Sales ÷ redemptions: 1.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2025 | $387K | $1.2M | −$784K |
| Jan 2025 | $745K | $604K | $141K |
| Dec 2024 | $713K | $628K | $85K |
| Nov 2024 | $1.4M | $555K | $848K |
| Oct 2024 | $464K | $662K | −$198K |
| Sep 2024 | $520K | $499K | $21K |
| Aug 2024 | $732K | $510K | $222K |
| Jul 2024 | $1.9M | $329K | $1.6M |
| Jun 2024 | $190K | $243K | −$53K |
| May 2024 | $426K | $285K | $140K |
| Apr 2024 | $2.9M | $278K | $2.7M |
| Mar 2024 | $667K | $403K | $264K |
AECVX Assets Under Management
Net assets of Emerging Markets Small Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-02-28 | $21.15M |
| 2024-11-30 | $22.70M |
| 2024-08-31 | $22.84M |
| 2024-05-31 | $20.12M |
| 2024-02-29 | $17.48M |
| 2023-11-30 | $14.38M |
| 2023-08-31 | $12.79M |
| 2023-05-31 | $11.45M |
| 2023-02-28 | $11.07M |
| 2022-11-30 | $10.64M |
| 2022-08-31 | $10.20M |
| 2022-05-31 | $9.89M |
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.