AFORX Performance — Aperture International Equity Fund, Institutional Shares
Data updated: 2024-03-15
AFORX returned +18.77% over one year to Dec 2023. The annualised 3-year return is +4.13%. The fund beat its Moderate Allocation category average: $100 invested three years ago grew to $113, against $108 for the category, and to $119 over one year, against $112. Volatility over the past three years was 16.91% a year. In the 12 months to Dec 2023 the fund took in a net $139.6M, and assets reached $158.97M.
AFORX Growth of $100
What $100 invested in Aperture International Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | AFORX | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $119 | $112 |
| 3 years (Jan 2021 – Dec 2023) | $113 | $108 |
| Since data start (Oct 2020 – Dec 2023) | $134 | $118 |
AFORX Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +18.77% |
| 3 years (annualised) | +4.13% |
AFORX Annual Returns
Calendar-year total returns of Aperture International Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +18.77% |
| 2022 | −11.37% |
| 2021 | +7.27% |
| 2020 (Oct–Dec) | +18.35% |
AFORX 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 | +3.7% | −2.4% | +9.7% | +4.6% | −3.7% | +1.7% | −3.7% | −3.4% | +2.5% | +4.8% | +8.5% | −3.7% |
| 2022 | −0.2% | −5.9% | −0.9% | −8.6% | +1.3% | −2.8% | −8.4% | −4.7% | +4.0% | −1.5% | +13.6% | +4.3% |
| 2021 | +2.4% | +1.2% | −0.6% | −0.9% | +3.5% | +2.6% | −3.6% | +1.3% | −1.1% | +5.9% | −5.6% | +2.5% |
| 2020 | — | — | — | — | — | — | — | — | — | +4.8% | +12.9% | 0.0% |
AFORX Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 16.91%
- 3-year Sharpe ratio: -0.02 (vs 4.5% risk-free rate)
- Best month: +13.56% (Nov 2022)
- Worst month: −8.58% (Apr 2022)
AFORX Fund Flows
Monthly money in and out of Aperture International Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $139.6M
- 12-month gross sales (incl. reinvestments): −$12.5M
- Sales ÷ redemptions: 0.08×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | −$15.4M | $0 | −$15.4M |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | −$150.2M | $150.2M |
| Sep 2023 | $250 | −$0 | $250 |
| Aug 2023 | $1.9M | −$1.9M | $3.8M |
| Jul 2023 | $0 | $0 | $0 |
| Jun 2023 | $250 | −$0 | $250 |
| May 2023 | $0 | $0 | $0 |
| Apr 2023 | $725K | −$8K | $732K |
| Mar 2023 | $250 | −$0 | $250 |
| Feb 2023 | $61 | $0 | $61 |
| Jan 2023 | $242K | −$1K | $243K |
AFORX Assets Under Management
Net assets of Aperture International Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $158.97M |
| 2023-09-30 | $287.73M |
| 2023-06-30 | $301.88M |
| 2023-03-31 | $296.93M |
| 2022-12-31 | $267.05M |
| 2022-09-30 | $230.49M |
| 2022-06-30 | $253.96M |
| 2022-03-31 | $283.47M |
| 2021-12-31 | $305.28M |
| 2021-09-30 | $321.45M |
| 2021-06-30 | $332.22M |
| 2021-03-31 | $317.04M |
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.