C000158767 Performance — Absolute Capital Opportunities Fund
Data updated: 2023-08-28
C000158767 returned −4.23% over one year to Jun 2023. The annualised 3-year return is −2.47%. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $93, against $138 for the category, and to $96 over one year, against $115. Volatility over the past three years was 5.54% a year. In the 12 months to Jun 2023 the fund lost a net $56.4M, and assets reached $88.76M.
C000158767 Growth of $100
What $100 invested in Absolute Capital Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | C000158767 | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $96 | $115 |
| 3 years (Jul 2020 – Jun 2023) | $93 | $138 |
| Since data start (Jan 2020 – Jun 2023) | $97 | $134 |
C000158767 Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −4.23% |
| 3 years (annualised) | −2.47% |
C000158767 Annual Returns
Calendar-year total returns of Absolute Capital Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +1.01% |
| 2022 | −6.59% |
| 2021 | −5.22% |
| 2020 | +8.22% |
C000158767 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 | +2.2% | +0.3% | −2.1% | −0.2% | −2.3% | +3.2% | — | — | — | — | — | — |
| 2022 | +2.2% | −1.4% | −1.5% | −0.1% | +0.1% | −0.7% | −0.9% | 0.0% | +0.8% | −2.7% | −1.3% | −1.1% |
| 2021 | +1.5% | −0.3% | −2.1% | +0.3% | −0.3% | −2.0% | −0.5% | −1.1% | −0.2% | −0.4% | +1.5% | −1.7% |
| 2020 | −1.3% | +1.2% | +1.8% | +2.8% | −1.0% | +0.8% | −1.1% | +4.1% | −0.5% | +2.4% | +0.7% | −1.8% |
C000158767 Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 5.54%
- 3-year Sharpe ratio: -1.26 (vs 4.5% risk-free rate)
- Best month: +4.06% (Aug 2020)
- Worst month: −2.70% (Oct 2022)
C000158767 Fund Flows
Monthly money in and out of Absolute Capital Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$56.4M
- 12-month gross sales (incl. reinvestments): $21.6M
- Sales ÷ redemptions: 0.28×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $1.2M | $3.6M | −$2.4M |
| May 2023 | $812K | $3.8M | −$3.0M |
| Apr 2023 | $511K | $5.7M | −$5.2M |
| Mar 2023 | $1.1M | $2.9M | −$1.8M |
| Feb 2023 | $1.2M | $3.4M | −$2.2M |
| Jan 2023 | $3.5M | $2.7M | $876K |
| Dec 2022 | $2.5M | $23.3M | −$20.9M |
| Nov 2022 | $689K | $8.0M | −$7.3M |
| Oct 2022 | $1.8M | $10.3M | −$8.5M |
| Sep 2022 | $3.0M | $9.6M | −$6.6M |
| Aug 2022 | $2.3M | $2.3M | $30K |
| Jul 2022 | $3.0M | $2.4M | $603K |
C000158767 Assets Under Management
Net assets of Absolute Capital Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $88.76M |
| 2023-03-31 | $98.92M |
| 2022-12-31 | $101.54M |
| 2022-09-30 | $145.19M |
| 2022-06-30 | $151.40M |
| 2022-03-31 | $145.71M |
| 2021-12-31 | $136.22M |
| 2021-09-30 | $133.92M |
| 2021-06-30 | $128.45M |
| 2021-03-31 | $122.62M |
| 2020-12-31 | $81.07M |
| 2020-09-30 | $74.59M |
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.