BRSIX Performance — Ultra-Small Company Market Fund, Class N
Data updated: 2026-09-02
BRSIX returned +23.24% year to date and +56.23% over one year to Jun 2026. Annualised returns are +22.38% over 3 years and +4.99% over 5 years. The fund beat its Trading - Leveraged category average: $100 invested three years ago grew to $183, against $157 for the category, and to $156 over one year, against $121. Volatility over the past three years was 23.60% a year. In the 12 months to Jun 2026 the fund lost a net $13.6M, and assets reached $148.09M.
BRSIX Growth of $100
What $100 invested in Ultra-Small Company Market Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | BRSIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $156 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $183 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $128 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $231 | $165 |
BRSIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.24% |
| 1 year | +56.23% |
| 3 years (annualised) | +22.38% |
| 5 years (annualised) | +4.99% |
BRSIX Annual Returns
Calendar-year total returns of Ultra-Small Company Market Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +23.24% |
| 2025 | +20.09% |
| 2024 | +14.92% |
| 2023 | +11.43% |
| 2022 | −23.39% |
| 2021 | +22.29% |
| 2020 | +25.54% |
| 2019 (Jul–Dec) | +3.84% |
BRSIX 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 | +3.5% | +1.4% | −5.2% | +12.7% | +7.1% | +2.7% | — | — | — | — | — | — |
| 2025 | −0.7% | −6.8% | −10.6% | −1.3% | +7.8% | +7.6% | +1.7% | +9.4% | +5.7% | +2.2% | +3.1% | +2.4% |
| 2024 | −2.0% | +7.7% | +2.2% | −9.3% | +3.1% | −4.9% | +11.2% | −2.7% | +0.2% | +0.3% | +14.2% | −3.3% |
| 2023 | +13.5% | −5.2% | −7.3% | −2.0% | +0.9% | +4.9% | +7.1% | −7.3% | −6.1% | −7.5% | +6.5% | +17.4% |
| 2022 | −6.1% | +0.2% | +1.9% | −8.2% | −2.7% | −7.4% | +3.9% | +0.7% | −11.5% | +6.7% | +0.3% | −2.4% |
| 2021 | +15.6% | +12.2% | +1.0% | −1.6% | +4.8% | +3.0% | −6.5% | +2.7% | −0.9% | −0.9% | −5.7% | −1.2% |
| 2020 | −5.6% | −8.4% | −26.3% | +18.5% | +6.0% | +7.0% | +4.7% | +3.4% | −1.3% | −0.4% | +24.9% | +10.2% |
| 2019 | — | — | — | — | — | — | −2.6% | −4.9% | +4.4% | −1.3% | +2.3% | +6.3% |
BRSIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 23.60%
- 3-year Sharpe ratio: 0.76 (vs 4.5% risk-free rate)
- Best month: +17.38% (Dec 2023)
- Worst month: −10.62% (Mar 2025)
BRSIX Fund Flows
Monthly money in and out of Ultra-Small Company Market Fund, from SEC Form N-PORT.
- 12-month net flow: −$13.6M
- 12-month gross sales (incl. reinvestments): $7.3M
- Sales ÷ redemptions: 0.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $638K | $2.7M | −$2.1M |
| May 2026 | $920K | $2.1M | −$1.2M |
| Apr 2026 | $428K | $1.4M | −$948K |
| Mar 2026 | $408K | $1.2M | −$776K |
| Feb 2026 | $286K | $1.1M | −$803K |
| Jan 2026 | $867K | $2.7M | −$1.8M |
| Dec 2025 | $1.7M | $1.3M | $380K |
| Nov 2025 | $457K | $1.7M | −$1.2M |
| Oct 2025 | $213K | $1.5M | −$1.3M |
| Sep 2025 | $663K | $1.0M | −$375K |
| Aug 2025 | $451K | $1.8M | −$1.3M |
| Jul 2025 | $214K | $2.4M | −$2.1M |
BRSIX Assets Under Management
Net assets of Ultra-Small Company Market Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $148.09M |
| 2026-03-31 | $123.00M |
| 2025-12-31 | $127.04M |
| 2025-09-30 | $121.11M |
| 2025-06-30 | $106.67M |
| 2025-03-31 | $97.99M |
| 2024-12-31 | $180.49M |
| 2024-09-30 | $175.65M |
| 2024-06-28 | $167.44M |
| 2024-03-28 | $193.35M |
| 2023-12-29 | $186.60M |
| 2023-09-29 | $167.78M |
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.