C000194404 Performance — Fiera Capital Small/mid-Cap Growth Fund, Institutional Class
Data updated: 2023-08-02
C000194404 returned +21.32% over one year to Jun 2023. The annualised 3-year return is +13.61%. The fund beat its US Mid-Cap Growth category average: $100 invested three years ago grew to $147, against $122 for the category, and to $121 over one year, against $118. Volatility over the past three years was 20.46% a year. In the 12 months to Jun 2023 the fund took in a net $48.5M, and assets reached $79.85M.
C000194404 Growth of $100
What $100 invested in Fiera Capital Small/mid-Cap Growth 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 | C000194404 | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $121 | $118 |
| 3 years (Jul 2020 – Jun 2023) | $147 | $122 |
| Since data start (Jul 2019 – Jun 2023) | $158 | $134 |
C000194404 Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +21.32% |
| 3 years (annualised) | +13.61% |
C000194404 Annual Returns
Calendar-year total returns of Fiera Capital Small/mid-Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +16.53% |
| 2022 | −23.56% |
| 2021 | +16.96% |
| 2020 | +44.48% |
| 2019 (Jul–Dec) | +5.08% |
C000194404 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 | +8.5% | −1.4% | −1.9% | +1.1% | −0.1% | +10.0% | — | — | — | — | — | — |
| 2022 | −9.4% | +1.4% | +1.8% | −10.7% | −4.1% | −8.2% | +12.2% | −0.5% | −9.3% | +8.2% | +2.6% | −7.3% |
| 2021 | +0.5% | +5.9% | −0.1% | +3.9% | −0.8% | +2.1% | −1.8% | +2.1% | −2.1% | +6.9% | −2.7% | +2.5% |
| 2020 | −2.7% | −7.0% | −15.2% | +18.2% | +10.9% | +2.0% | +5.9% | +4.3% | +3.4% | +0.6% | +13.5% | +7.9% |
| 2019 | — | — | — | — | — | — | +1.2% | −4.9% | −2.1% | +2.8% | +7.9% | +0.5% |
C000194404 Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 20.46%
- 3-year Sharpe ratio: 0.45 (vs 4.5% risk-free rate)
- Best month: +13.54% (Nov 2020)
- Worst month: −10.75% (Apr 2022)
C000194404 Fund Flows
Monthly money in and out of Fiera Capital Small/mid-Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $48.5M
- 12-month gross sales (incl. reinvestments): $21.1M
- Sales ÷ redemptions: -0.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $984K | −$4.1M | $5.1M |
| May 2023 | $801K | −$891K | $1.7M |
| Apr 2023 | $1.9M | −$1.1M | $3.0M |
| Mar 2023 | $471K | −$1.5M | $1.9M |
| Feb 2023 | $1.1M | −$604K | $1.7M |
| Jan 2023 | $757K | −$2.7M | $3.4M |
| Dec 2022 | $12.4M | −$4.4M | $16.8M |
| Nov 2022 | $728K | −$2.5M | $3.2M |
| Oct 2022 | $739K | −$1.6M | $2.3M |
| Sep 2022 | $206K | −$1.2M | $1.4M |
| Aug 2022 | $566K | −$1.2M | $1.7M |
| Jul 2022 | $496K | −$5.7M | $6.2M |
C000194404 Assets Under Management
Net assets of Fiera Capital Small/mid-Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $79.85M |
| 2023-03-31 | $74.09M |
| 2022-12-31 | $72.97M |
| 2022-09-30 | $76.13M |
| 2022-06-30 | $81.70M |
| 2022-03-31 | $123.51M |
| 2021-12-31 | $150.57M |
| 2021-09-30 | $148.11M |
| 2021-06-30 | $152.18M |
| 2021-03-31 | $149.86M |
| 2020-12-31 | $146.51M |
| 2020-09-30 | $134.13M |
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.