ASERX Performance — Select Fund, R Class
Data updated: 2026-09-29
ASERX returned +0.79% year to date and +9.70% over one year to Jul 2026. Annualised returns are +15.20% over 3 years and +9.09% over 5 years. The fund trailed its US Large Growth category average: $100 invested three years ago grew to $153, against $166 for the category, and to $110 over one year, against $111. Volatility over the past three years was 16.38% a year. In the 12 months to Jul 2026 the fund lost a net $126.6M, and assets reached $6.11B.
ASERX Growth of $100
What $100 invested in Select Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | ASERX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $110 | $111 |
| 3 years (Aug 2023 – Jul 2026) | $153 | $166 |
| 5 years (Aug 2021 – Jul 2026) | $154 | $158 |
| Since data start (Aug 2019 – Jul 2026) | $263 | $261 |
ASERX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.79% |
| 1 year | +9.70% |
| 3 years (annualised) | +15.20% |
| 5 years (annualised) | +9.09% |
ASERX Annual Returns
Calendar-year total returns of Select Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.79% |
| 2025 | +15.70% |
| 2024 | +25.54% |
| 2023 | +39.20% |
| 2022 | −29.29% |
| 2021 | +24.55% |
| 2020 | +33.29% |
| 2019 (Aug–Dec) | +9.94% |
ASERX 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 | −0.3% | −3.7% | −5.1% | +12.7% | +5.7% | −4.5% | −2.8% | — | — | — | — | — |
| 2025 | +2.0% | −3.9% | −8.4% | −0.1% | +8.7% | +5.3% | +3.6% | +1.1% | +5.7% | +3.7% | −1.6% | −0.2% |
| 2024 | +1.8% | +6.1% | +1.4% | −4.6% | +6.2% | +6.3% | −1.5% | +1.6% | +2.1% | −1.2% | +5.4% | +0.1% |
| 2023 | +9.4% | −1.7% | +7.4% | +0.6% | +4.6% | +6.2% | +3.3% | −1.2% | −5.3% | −2.4% | +9.6% | +4.4% |
| 2022 | −6.6% | −5.4% | +4.7% | −11.3% | −3.1% | −7.9% | +12.8% | −5.1% | −8.7% | +4.3% | +3.6% | −8.6% |
| 2021 | −1.2% | +0.4% | +1.4% | +7.7% | −1.8% | +5.9% | +3.2% | +3.7% | −5.1% | +7.1% | −0.5% | +2.3% |
| 2020 | +1.7% | −6.3% | −9.6% | +14.3% | +6.9% | +3.3% | +6.7% | +9.5% | −5.2% | −3.0% | +9.7% | +4.2% |
| 2019 | — | — | — | — | — | — | — | −0.8% | +0.1% | +2.9% | +4.4% | +3.1% |
ASERX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.38%
- 3-year Sharpe ratio: 0.65 (vs 4.5% risk-free rate)
- Best month: +12.65% (Apr 2026)
- Worst month: −8.42% (Mar 2025)
ASERX Fund Flows
Monthly money in and out of Select Fund, from SEC Form N-PORT.
- 12-month net flow: −$126.6M
- 12-month gross sales (incl. reinvestments): $783.3M
- Sales ÷ redemptions: 0.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $9.7M | $114.1M | −$104.4M |
| Jun 2026 | $15.5M | $52.2M | −$36.8M |
| May 2026 | $17.9M | $60.7M | −$42.8M |
| Apr 2026 | $32.2M | $88.9M | −$56.7M |
| Mar 2026 | $14.7M | $58.5M | −$43.8M |
| Feb 2026 | $16.1M | $42.1M | −$26.1M |
| Jan 2026 | $20.8M | $64.8M | −$44.0M |
| Dec 2025 | $590.5M | $133.9M | $456.5M |
| Nov 2025 | $15.0M | $49.4M | −$34.4M |
| Oct 2025 | $15.9M | $82.7M | −$66.8M |
| Sep 2025 | $16.6M | $85.0M | −$68.4M |
| Aug 2025 | $18.5M | $77.5M | −$59.0M |
ASERX Assets Under Management
Net assets of Select Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $6.11B |
| 2026-04-30 | $6.39B |
| 2026-01-31 | $6.33B |
| 2025-10-31 | $6.67B |
| 2025-07-31 | $6.19B |
| 2025-04-30 | $5.32B |
| 2025-01-31 | $6.16B |
| 2024-10-31 | $5.66B |
| 2024-07-31 | $5.61B |
| 2024-04-30 | $5.08B |
| 2024-01-31 | $5.00B |
| 2023-10-31 | $4.12B |
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.