AVCIX Performance — VP Capital Appreciation Fund, Class I
Data updated: 2024-05-29
AVCIX returned +24.89% over one year to Mar 2024. The annualised 3-year return is +2.56%. The fund beat its US Mid-Cap Growth category average: $100 invested three years ago grew to $108, against $106 for the category, and to $125 over one year, against $124. Volatility over the past three years was 22.67% a year. In the 12 months to Mar 2024 the fund lost a net $54.1M, and assets reached $483.17M.
AVCIX Growth of $100
What $100 invested in VP Capital Appreciation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | AVCIX | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $125 | $124 |
| 3 years (Apr 2021 – Mar 2024) | $108 | $106 |
| Since data start (Jul 2019 – Mar 2024) | $164 | $156 |
AVCIX Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +24.89% |
| 3 years (annualised) | +2.56% |
AVCIX Annual Returns
Calendar-year total returns of VP Capital Appreciation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +12.50% |
| 2023 | +20.69% |
| 2022 | −28.11% |
| 2021 | +11.16% |
| 2020 | +42.46% |
| 2019 (Jul–Dec) | +5.84% |
AVCIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.1% | +9.3% | +2.8% | — | — | — | — | — | — | — | — | — |
| 2023 | +8.3% | −0.4% | +0.8% | −1.9% | +0.7% | +6.6% | +3.0% | −3.2% | −5.0% | −7.0% | +11.4% | +7.4% |
| 2022 | −14.7% | −0.6% | +1.2% | −11.5% | −4.9% | −7.7% | +13.7% | −1.4% | −8.6% | +6.0% | +6.2% | −6.6% |
| 2021 | −0.6% | +4.8% | −3.4% | +5.1% | −3.0% | +6.4% | +3.3% | +1.0% | −5.6% | +8.2% | −4.1% | −0.1% |
| 2020 | +1.5% | −6.7% | −16.1% | +16.0% | +11.5% | +2.3% | +8.2% | +3.1% | −0.3% | +0.5% | +14.7% | +5.6% |
| 2019 | — | — | — | — | — | — | +2.7% | −1.6% | −2.1% | +0.7% | +4.8% | +1.4% |
AVCIX Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 22.67%
- 3-year Sharpe ratio: -0.09 (vs 4.5% risk-free rate)
- Best month: +13.71% (Jul 2022)
- Worst month: −14.71% (Jan 2022)
AVCIX Fund Flows
Monthly money in and out of VP Capital Appreciation Fund, from SEC Form N-PORT.
- 12-month net flow: −$54.1M
- 12-month gross sales (incl. reinvestments): $24.3M
- Sales ÷ redemptions: 0.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $16.2M | $5.8M | $10.4M |
| Feb 2024 | $686K | $5.4M | −$4.7M |
| Jan 2024 | $1.7M | $5.0M | −$3.4M |
| Dec 2023 | $906K | $18.9M | −$18.0M |
| Nov 2023 | $297K | $6.6M | −$6.3M |
| Oct 2023 | $672K | $5.1M | −$4.4M |
| Sep 2023 | $510K | $4.8M | −$4.3M |
| Aug 2023 | $839K | $6.1M | −$5.2M |
| Jul 2023 | $563K | $4.5M | −$4.0M |
| Jun 2023 | $718K | $4.6M | −$3.9M |
| May 2023 | $557K | $6.3M | −$5.7M |
| Apr 2023 | $691K | $5.2M | −$4.5M |
AVCIX Assets Under Management
Net assets of VP Capital Appreciation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $483.17M |
| 2023-12-31 | $441.34M |
| 2023-09-30 | $424.74M |
| 2023-06-30 | $461.16M |
| 2023-03-31 | $451.86M |
| 2022-12-31 | $426.14M |
| 2022-09-30 | $418.16M |
| 2022-06-30 | $411.90M |
| 2022-03-31 | $545.60M |
| 2021-12-31 | $654.39M |
| 2021-09-30 | $672.73M |
| 2021-06-30 | $695.47M |
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.