C000153968 Performance — Absolute Return Currency Fund, Class R2
Data updated: 2022-10-04
C000153968 returned +2.20% over one year to Apr 2021. Over one year the fund trailed its Emerging Markets Bond category average: $100 grew to $102, against $112 for the category. Volatility over the past 12 months was 4.87% a year. In the 12 months to Jul 2022 the fund lost a net $18.0M, and assets reached $530.31M.
C000153968 Growth of $100
What $100 invested in Absolute Return Currency Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | C000153968 | Category average |
|---|---|---|
| 1 year (May 2020 – Apr 2021) | $102 | $112 |
| Since data start (Aug 2019 – Apr 2021) | $116 | $106 |
C000153968 Trailing Returns
Total returns to Apr 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.20% |
C000153968 Annual Returns
Calendar-year total returns of Absolute Return Currency Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–Apr) | −0.57% |
| 2020 | +18.25% |
| 2019 (Aug–Dec) | −1.11% |
C000153968 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | −0.3% | −0.6% | −1.3% | +1.6% | — | — | — | — | — | — | — | — |
| 2020 | +0.9% | +4.2% | +11.5% | −1.9% | +1.1% | +0.9% | +3.6% | −0.8% | −0.6% | −1.1% | +0.2% | −0.5% |
| 2019 | — | — | — | — | — | — | — | −0.1% | −2.5% | +2.7% | −1.0% | −0.1% |
C000153968 Risk
Risk measures from monthly returns over May 2020 – Apr 2021.
- 1-year volatility (annualised): 4.87%
- Best month: +3.62% (Jul 2020)
- Worst month: −1.27% (Mar 2021)
C000153968 Fund Flows
Monthly money in and out of Absolute Return Currency Fund, from SEC Form N-PORT.
- 12-month net flow: −$18.0M
- 12-month gross sales (incl. reinvestments): $136.9M
- Sales ÷ redemptions: 0.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2022 | $48.1M | $7.5M | $40.6M |
| Jun 2022 | $8.6M | $30.6M | −$22.0M |
| May 2022 | $4.1M | $18.3M | −$14.1M |
| Apr 2022 | $4.7M | $14.3M | −$9.5M |
| Mar 2022 | $18.7M | $9.3M | $9.3M |
| Feb 2022 | $5.0M | $14.7M | −$9.6M |
| Jan 2022 | $3.0M | $9.6M | −$6.6M |
| Dec 2021 | $6.8M | $4.2M | $2.5M |
| Nov 2021 | $19.4M | $2.0M | $17.4M |
| Oct 2021 | $5.5M | $17.1M | −$11.5M |
| Sep 2021 | $5.7M | $10.5M | −$4.8M |
| Aug 2021 | $7.3M | $17.0M | −$9.6M |
C000153968 Assets Under Management
Net assets of Absolute Return Currency Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-07-31 | $530.31M |
| 2022-04-30 | $535.12M |
| 2022-01-31 | $579.91M |
| 2021-10-31 | $586.59M |
| 2021-07-31 | $603.50M |
| 2021-04-30 | $469.84M |
| 2021-01-31 | $377.79M |
| 2020-10-31 | $350.33M |
| 2020-07-31 | $345.02M |
| 2020-04-30 | $391.06M |
| 2020-01-31 | $507.11M |
| 2019-10-31 | $898.99M |
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.