AFCSX Performance — Focused International Growth Fund, I Class
Data updated: 2026-07-29
AFCSX returned +3.03% year to date and +6.76% over one year to May 2026. Annualised returns are +8.12% over 3 years and −0.04% over 5 years. The fund trailed its International Large Growth category average: $100 invested three years ago grew to $126, against $141 for the category, and to $107 over one year, against $114. Volatility over the past three years was 15.26% a year. In the 12 months to May 2026 the fund took in a net $91.5M, and assets reached $233.50M.
AFCSX Growth of $100
What $100 invested in Focused International Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Growth category average over the same months.
| Period | AFCSX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $114 |
| 3 years (Jun 2023 – May 2026) | $126 | $141 |
| 5 years (Jun 2021 – May 2026) | $100 | $116 |
| Since data start (Sep 2019 – May 2026) | $158 | $177 |
AFCSX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.03% |
| 1 year | +6.76% |
| 3 years (annualised) | +8.12% |
| 5 years (annualised) | −0.04% |
AFCSX Annual Returns
Calendar-year total returns of Focused International Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +3.03% |
| 2025 | +16.17% |
| 2024 | +4.09% |
| 2023 | +8.48% |
| 2022 | −26.45% |
| 2021 | +8.14% |
| 2020 | +32.02% |
| 2019 (Sep–Dec) | +10.99% |
AFCSX 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 | +2.6% | +0.9% | −10.1% | +7.8% | +2.7% | — | — | — | — | — | — | — |
| 2025 | +4.0% | −0.9% | −2.3% | +5.3% | +5.8% | +2.1% | −2.3% | +1.2% | +2.8% | +0.2% | −1.1% | +0.8% |
| 2024 | −2.3% | +7.3% | +3.0% | −6.6% | +4.9% | +0.5% | +1.8% | +4.1% | +0.5% | −5.1% | +0.4% | −3.6% |
| 2023 | +8.9% | −3.1% | +3.5% | +1.1% | −3.2% | +3.2% | +0.3% | −5.8% | −6.0% | −4.0% | +10.3% | +4.4% |
| 2022 | −9.7% | −5.6% | +0.3% | −9.2% | −1.9% | −7.4% | +8.6% | −7.3% | −10.0% | +5.0% | +12.7% | −2.9% |
| 2021 | −1.0% | +2.9% | −1.4% | +3.6% | +3.6% | −0.3% | +0.3% | +4.3% | −6.4% | +4.8% | −4.0% | +2.2% |
| 2020 | −0.7% | −5.4% | −12.6% | +7.5% | +7.4% | +6.5% | +7.7% | +6.3% | +0.4% | −1.2% | +10.4% | +4.3% |
| 2019 | — | — | — | — | — | — | — | — | +0.9% | +4.3% | +1.6% | +3.8% |
AFCSX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.26%
- 3-year Sharpe ratio: 0.24 (vs 4.5% risk-free rate)
- Best month: +10.32% (Nov 2023)
- Worst month: −10.09% (Mar 2026)
AFCSX Fund Flows
Monthly money in and out of Focused International Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $91.5M
- 12-month gross sales (incl. reinvestments): $129.1M
- Sales ÷ redemptions: 3.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.3M | $1.9M | $2.4M |
| Apr 2026 | $2.2M | $2.3M | −$116K |
| Mar 2026 | $23.6M | $6.9M | $16.7M |
| Feb 2026 | $53.3M | $3.7M | $49.6M |
| Jan 2026 | $4.1M | $3.8M | $255K |
| Dec 2025 | $3.2M | $1.8M | $1.4M |
| Nov 2025 | $3.1M | $1.3M | $1.9M |
| Oct 2025 | $4.7M | $5.7M | −$955K |
| Sep 2025 | $4.4M | $2.1M | $2.2M |
| Aug 2025 | $1.9M | $2.1M | −$199K |
| Jul 2025 | $2.5M | $2.7M | −$151K |
| Jun 2025 | $21.8M | $3.3M | $18.5M |
AFCSX Assets Under Management
Net assets of Focused International Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $233.50M |
| 2026-02-28 | $213.82M |
| 2025-11-30 | $156.94M |
| 2025-08-31 | $150.72M |
| 2025-05-31 | $131.16M |
| 2025-02-28 | $125.37M |
| 2024-11-30 | $108.73M |
| 2024-08-31 | $98.50M |
| 2024-05-31 | $94.15M |
| 2024-02-29 | $95.49M |
| 2023-11-30 | $87.14M |
| 2023-08-31 | $85.61M |
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.