ASFIX Performance — Absolute Strategies Fund
Data updated: 2023-08-28
ASFIX returned −10.28% over one year to Jun 2023. The annualised 3-year return is −6.60%. The fund trailed its Aggressive Allocation category average: $100 invested three years ago grew to $81, against $115 for the category, and to $90 over one year, against $106. Volatility over the past three years was 7.99% a year. In the 12 months to Jun 2023 the fund lost a net $3.0M, and assets reached $25.09M.
ASFIX Growth of $100
What $100 invested in Absolute Strategies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Aggressive Allocation category average over the same months.
| Period | ASFIX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $90 | $106 |
| 3 years (Jul 2020 – Jun 2023) | $81 | $115 |
| Since data start (Jan 2020 – Jun 2023) | $83 | $110 |
ASFIX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −10.28% |
| 3 years (annualised) | −6.60% |
ASFIX Annual Returns
Calendar-year total returns of Absolute Strategies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | −11.37% |
| 2022 | +8.48% |
| 2021 | −13.90% |
| 2020 | +0.74% |
ASFIX 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 | −2.6% | −0.4% | −2.8% | −1.4% | −3.8% | −1.0% | — | — | — | — | — | — |
| 2022 | +4.1% | +1.3% | −1.9% | +3.7% | +0.5% | −0.5% | −3.4% | +3.0% | +4.3% | −3.8% | −1.2% | +2.8% |
| 2021 | +1.2% | −1.7% | −2.8% | −0.3% | +0.1% | −3.7% | −1.2% | −1.5% | +1.5% | −4.7% | −1.0% | −0.7% |
| 2020 | −2.0% | +3.0% | +2.6% | +0.2% | −1.0% | −0.5% | −0.8% | −1.7% | +1.4% | +1.8% | −1.2% | −1.0% |
ASFIX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 7.99%
- 3-year Sharpe ratio: -1.39 (vs 4.5% risk-free rate)
- Best month: +4.25% (Sep 2022)
- Worst month: −4.66% (Oct 2021)
ASFIX Fund Flows
Monthly money in and out of Absolute Strategies Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.0M
- 12-month gross sales (incl. reinvestments): $10.1M
- Sales ÷ redemptions: 0.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $395K | $2.4M | −$2.0M |
| May 2023 | $57K | $3.1M | −$3.1M |
| Apr 2023 | $421K | $1.2M | −$746K |
| Mar 2023 | $94K | $218K | −$123K |
| Feb 2023 | $1.1M | $178K | $898K |
| Jan 2023 | $893K | $1.4M | −$515K |
| Dec 2022 | $1.2M | $976K | $238K |
| Nov 2022 | $257K | $1.6M | −$1.3M |
| Oct 2022 | $481K | $397K | $84K |
| Sep 2022 | $759K | $574K | $185K |
| Aug 2022 | $4.0M | $210K | $3.8M |
| Jul 2022 | $485K | $909K | −$424K |
ASFIX Assets Under Management
Net assets of Absolute Strategies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $25.09M |
| 2023-03-31 | $32.86M |
| 2022-12-31 | $34.60M |
| 2022-09-30 | $36.45M |
| 2022-06-30 | $31.45M |
| 2022-03-31 | $30.59M |
| 2021-12-31 | $37.60M |
| 2021-09-30 | $42.55M |
| 2021-06-30 | $51.89M |
| 2021-03-31 | $71.45M |
| 2020-12-31 | $71.06M |
| 2020-09-30 | $83.61M |
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.