C000224896 Performance — AXS Alternative Value Fund, Investor Class
Data updated: 2024-08-29
C000224896 returned +9.63% over one year to Jun 2024. The annualised 3-year return is +7.62%. Against its US Mid-Cap Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $125, against $117 for the category, and to $110 over one year, against $112. Volatility over the past three years was 17.17% a year. In the 12 months to Jun 2024 the fund took in a net $2.8M, and assets reached $12.51M.
C000224896 Growth of $100
What $100 invested in AXS Alternative Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | C000224896 | Category average |
|---|---|---|
| 1 year (Jul 2023 – Jun 2024) | $110 | $112 |
| 3 years (Jul 2021 – Jun 2024) | $125 | $117 |
| Since data start (Jan 2021 – Jun 2024) | $145 | $140 |
C000224896 Trailing Returns
Total returns to Jun 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.63% |
| 3 years (annualised) | +7.62% |
C000224896 Annual Returns
Calendar-year total returns of AXS Alternative Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jun) | +5.01% |
| 2023 | +3.41% |
| 2022 | +0.49% |
| 2021 | +33.27% |
C000224896 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +2.0% | +2.3% | +3.3% | −4.2% | +1.9% | −0.2% | — | — | — | — | — | — |
| 2023 | +0.3% | −4.2% | +2.2% | +3.1% | −6.7% | +4.8% | +1.4% | −2.2% | −3.3% | −1.0% | +6.4% | +3.4% |
| 2022 | −3.8% | −1.3% | +6.1% | −3.0% | +0.2% | −3.8% | +3.8% | −2.4% | −8.3% | +13.7% | +5.3% | −4.3% |
| 2021 | −1.9% | +0.4% | +10.1% | +4.3% | +2.3% | +0.8% | +1.4% | +2.1% | −5.7% | +6.5% | −3.0% | +13.3% |
C000224896 Risk
Risk measures from monthly returns over Jul 2021 – Jun 2024.
- 3-year volatility (annualised): 17.17%
- 3-year Sharpe ratio: 0.18 (vs 4.5% risk-free rate)
- Best month: +13.69% (Oct 2022)
- Worst month: −8.25% (Sep 2022)
C000224896 Fund Flows
Monthly money in and out of AXS Alternative Value Fund, from SEC Form N-PORT.
- 12-month net flow: $2.8M
- 12-month gross sales (incl. reinvestments): $750K
- Sales ÷ redemptions: -0.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2024 | $40K | $63K | −$23K |
| May 2024 | $22K | $561K | −$539K |
| Apr 2024 | $430K | $597K | −$167K |
| Mar 2024 | $42K | $54K | −$13K |
| Feb 2024 | $2K | $99K | −$97K |
| Jan 2024 | $26K | $667K | −$640K |
| Dec 2023 | $42K | −$315K | $357K |
| Nov 2023 | $10K | −$199K | $209K |
| Oct 2023 | $23K | −$768K | $791K |
| Sep 2023 | $5K | −$210K | $214K |
| Aug 2023 | $104K | −$1.3M | $1.4M |
| Jul 2023 | $6K | −$1.2M | $1.3M |
C000224896 Assets Under Management
Net assets of AXS Alternative Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-06-30 | $12.51M |
| 2024-03-31 | $13.57M |
| 2023-12-31 | $13.33M |
| 2023-09-30 | $13.46M |
| 2023-06-30 | $16.69M |
| 2023-03-31 | $24.58M |
| 2022-12-31 | $28.22M |
| 2022-09-30 | $18.85M |
| 2022-06-30 | $19.11M |
| 2022-03-31 | $11.89M |
| 2021-12-31 | $1.92M |
| 2021-09-30 | $1.40M |
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.