AFMCX — Acuitas US Microcap Fund
Data updated: 2026-05-28
AFMCX — Acuitas US Microcap Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Small Cap Blend / Core Equity · $97.64M AUM · 1.50% expense ratio · 35.1% 1-yr return. From SEC regulatory filings.
AFMCX Fund Overview
AFMCX — Acuitas US Microcap Fund is a US mutual fund managed by Forum Funds II, categorised as United States Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Forum Funds II
- Category: United States Small Cap Blend / Core Equity
- Assets under management: $97.64M
- 1-year return: 35.1%
- Ticker: AFMCX
- SEC CIK: 0001576367
- SEC series ID: S000045890
- Share class ID: C000142990
AFMCX Holdings
Top 10 holdings of Acuitas US Microcap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ducommun Inc | 2.44% |
| Select Water Solutions Inc | 1.99% |
| First American Government Obligations Fund | 1.69% |
| Thermon Group Holdings Inc | 1.59% |
| ADTRAN Holdings Inc | 1.34% |
| iRadimed Corp | 1.24% |
| Core Molding Technologies Inc | 1.23% |
| Mesa Laboratories Inc | 1.18% |
| Graham Corp | 1.10% |
| Vishay Precision Group Inc | 1.06% |
AFMCX Portfolio Allocation
Asset-class allocation of Acuitas US Microcap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.0% |
| Cash & Equivalents | 1.7% |
| Derivatives | 1.4% |
AFMCX Performance
Total returns for AFMCX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.3% |
| 1 year | 35.1% |
| 3 years (annualised) | 12.1% |
| 5 years (annualised) | 4.1% |
AFMCX Risk Information
Risk metrics for AFMCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.0%
AFMCX Costs and Fees
AFMCX costs about $150 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.50%
- Gross expense ratio: 1.85%
- Portfolio turnover: 63%
- Brokerage commissions: 15.67 bps of average net assets (SEC N-CEN)
AFMCX Cashflows
Over the 12 months to 2026-03, Acuitas US Microcap Fund had net outflows of $5.24M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$1.87M |
| 2026-02 | −$743.84K |
| 2026-01 | −$4.26M |
| 2025-12 | $751.91K |
| 2025-11 | −$949.31K |
| 2025-10 | −$409.31K |
AFMCX Debt Constituents
No individual debt constituents are reported in Acuitas US Microcap Fund's latest SEC N-PORT filing.
AFMCX Prospectus and SEC Filings
Official Acuitas US Microcap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Small Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.