ASCGX Performance — Lisanti Small Cap Growth Fund
Data updated: 2026-08-21
ASCGX returned +32.81% year to date and +50.40% over one year to Jun 2026. Annualised returns are +21.71% over 3 years and +4.05% over 5 years. The fund beat its US Small Growth category average: $100 invested three years ago grew to $180, against $156 for the category, and to $150 over one year, against $132. Volatility over the past three years was 22.08% a year. In the 12 months to Jun 2026 the fund lost a net $5.0M, and assets reached $18.67M.
ASCGX Growth of $100
What $100 invested in Lisanti Small Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Growth category average over the same months.
| Period | ASCGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $150 | $132 |
| 3 years (Jul 2023 – Jun 2026) | $180 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $122 | $127 |
| Since data start (Jan 2020 – Jun 2026) | $206 | $194 |
ASCGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +32.81% |
| 1 year | +50.40% |
| 3 years (annualised) | +21.71% |
| 5 years (annualised) | +4.05% |
ASCGX Annual Returns
Calendar-year total returns of Lisanti Small Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +32.81% |
| 2025 | +9.78% |
| 2024 | +27.71% |
| 2023 | +4.36% |
| 2022 | −37.38% |
| 2021 | +10.69% |
| 2020 | +52.85% |
ASCGX 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 | +2.1% | +1.4% | −6.3% | +16.2% | +8.2% | +8.9% | — | — | — | — | — | — |
| 2025 | +1.3% | −11.2% | −8.0% | −0.8% | +9.4% | +7.9% | +3.2% | +4.6% | +4.2% | +4.1% | +0.6% | −3.9% |
| 2024 | +0.7% | +9.9% | +2.7% | −5.3% | +8.4% | +0.3% | +3.4% | −0.4% | +2.5% | −0.7% | +10.8% | −6.0% |
| 2023 | +7.3% | −0.9% | −1.4% | −3.2% | −0.9% | +7.2% | +1.3% | −5.7% | −6.8% | −7.8% | +9.0% | +8.3% |
| 2022 | −14.7% | −1.0% | +1.3% | −14.5% | −5.3% | −7.9% | +9.1% | 0.0% | −7.9% | +6.2% | −1.3% | −6.9% |
| 2021 | +4.2% | +5.0% | −3.5% | +3.1% | −2.5% | +4.1% | −3.4% | +3.3% | −2.5% | +8.0% | −4.5% | −0.1% |
| 2020 | +1.0% | −6.7% | −17.2% | +15.4% | +12.2% | +7.3% | +6.9% | +4.5% | −1.5% | +3.1% | +14.2% | +8.9% |
ASCGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 22.08%
- 3-year Sharpe ratio: 0.78 (vs 4.5% risk-free rate)
- Best month: +16.21% (Apr 2026)
- Worst month: −11.18% (Feb 2025)
ASCGX Fund Flows
Monthly money in and out of Lisanti Small Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.0M
- 12-month gross sales (incl. reinvestments): $3.4M
- Sales ÷ redemptions: 0.40×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $11K | $162K | −$151K |
| May 2026 | $6K | $42K | −$36K |
| Apr 2026 | $77K | $249K | −$172K |
| Mar 2026 | $171K | $76K | $95K |
| Feb 2026 | $39K | $356K | −$317K |
| Jan 2026 | $49K | $3.1M | −$3.0M |
| Dec 2025 | $44K | $629K | −$586K |
| Nov 2025 | $24K | $273K | −$249K |
| Oct 2025 | $2.8M | $525K | $2.3M |
| Sep 2025 | $74K | $751K | −$677K |
| Aug 2025 | $48K | $1.9M | −$1.9M |
| Jul 2025 | $47K | $335K | −$288K |
ASCGX Assets Under Management
Net assets of Lisanti Small Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $18.67M |
| 2026-03-31 | $13.93M |
| 2025-12-31 | $17.46M |
| 2025-09-30 | $15.95M |
| 2025-06-30 | $16.84M |
| 2025-03-31 | $18.47M |
| 2024-12-31 | $27.64M |
| 2024-09-30 | $25.30M |
| 2024-06-30 | $26.38M |
| 2024-03-31 | $28.55M |
| 2023-12-31 | $31.12M |
| 2023-09-30 | $44.28M |
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.