C000158698 Performance — Fulcrum Diversified Absolute Return Fund, Institutional Class
Data updated: 2023-03-01
C000158698 returned +1.96% over one year to Dec 2022. The annualised 3-year return is +5.30%. The fund beat its Multistrategy category average: $100 invested three years ago grew to $117, against $113 for the category, and to $102 over one year, against $94. Volatility over the past three years was 5.64% a year. In the 12 months to Dec 2022 the fund took in a net $327.2M, and assets reached $256.47M.
C000158698 Growth of $100
What $100 invested in Fulcrum Diversified Absolute Return Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Multistrategy category average over the same months.
| Period | C000158698 | Category average |
|---|---|---|
| 1 year (Jan 2022 – Dec 2022) | $102 | $94 |
| 3 years (Jan 2020 – Dec 2022) | $117 | $113 |
C000158698 Trailing Returns
Total returns to Dec 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.96% |
| 3 years (annualised) | +5.30% |
C000158698 Annual Returns
Calendar-year total returns of Fulcrum Diversified Absolute Return Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 | +1.96% |
| 2021 | +4.32% |
| 2020 | +9.78% |
C000158698 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | +0.2% | +1.6% | +2.1% | 0.0% | +0.2% | −1.6% | +1.0% | +0.4% | −1.2% | +1.1% | −0.8% | −1.0% |
| 2021 | −0.5% | +3.9% | +0.7% | +2.0% | −0.8% | +1.0% | −1.8% | −0.8% | −0.9% | +1.7% | −0.7% | +0.7% |
| 2020 | +0.4% | −1.7% | +6.7% | +0.9% | +0.1% | −0.7% | +0.8% | +0.7% | −0.8% | +0.5% | +0.8% | +1.9% |
C000158698 Risk
Risk measures from monthly returns over Jan 2020 – Dec 2022.
- 3-year volatility (annualised): 5.64%
- 3-year Sharpe ratio: 0.14 (vs 4.5% risk-free rate)
- Best month: +6.68% (Mar 2020)
- Worst month: −1.80% (Jul 2021)
C000158698 Fund Flows
Monthly money in and out of Fulcrum Diversified Absolute Return Fund, from SEC Form N-PORT.
- 12-month net flow: $327.2M
- 12-month gross sales (incl. reinvestments): $248.3M
- Sales ÷ redemptions: -3.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2022 | $57.8M | −$9.6M | $67.3M |
| Nov 2022 | $74.7M | −$34.8M | $109.6M |
| Oct 2022 | $15.5M | −$5.7M | $21.2M |
| Sep 2022 | $4.5M | −$3.8M | $8.3M |
| Aug 2022 | $6.2M | −$4.4M | $10.6M |
| Jul 2022 | $5.6M | −$4.1M | $9.6M |
| Jun 2022 | $8.6M | −$10.9M | $19.6M |
| May 2022 | $20.6M | −$993K | $21.6M |
| Apr 2022 | $21.2M | −$2.5M | $23.8M |
| Mar 2022 | $16.1M | −$1.2M | $17.3M |
| Feb 2022 | $7.6M | −$204K | $7.8M |
| Jan 2022 | $9.9M | −$659K | $10.6M |
C000158698 Assets Under Management
Net assets of Fulcrum Diversified Absolute Return Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-12-31 | $256.47M |
| 2022-09-30 | $162.80M |
| 2022-06-30 | $158.63M |
| 2022-03-31 | $124.90M |
| 2021-12-31 | $89.11M |
| 2021-09-30 | $106.99M |
| 2021-06-30 | $109.99M |
| 2021-03-31 | $106.16M |
| 2020-12-31 | $100.74M |
| 2020-09-30 | $134.91M |
| 2020-06-30 | $168.63M |
| 2020-03-31 | $193.13M |
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.