C000226478 Performance — Hedged Equity Portfolio, Class P
Data updated: 2026-08-11
C000226478 returned −1.86% year to date and +5.15% over one year to Jun 2026. Annualised returns are +8.45% over 3 years and +6.68% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $128, against $157 for the category, and to $105 over one year, against $118. Volatility over the past three years was 8.67% a year. In the 12 months to Jun 2026 the fund lost a net $38.2M, and assets reached $457.64M.
C000226478 Growth of $100
What $100 invested in Hedged Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | C000226478 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $128 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $138 | $161 |
| Since data start (May 2021 – Jun 2026) | $140 | $165 |
C000226478 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −1.86% |
| 1 year | +5.15% |
| 3 years (annualised) | +8.45% |
| 5 years (annualised) | +6.68% |
C000226478 Annual Returns
Calendar-year total returns of Hedged Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −1.86% |
| 2025 | +7.33% |
| 2024 | +18.10% |
| 2023 | +15.91% |
| 2022 | −7.75% |
| 2021 (May–Dec) | +5.51% |
C000226478 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | −0.2% | −5.5% | +3.4% | −0.1% | −0.1% | — | — | — | — | — | — |
| 2025 | +1.2% | −0.2% | −5.8% | −0.6% | +3.8% | +2.0% | +1.7% | +1.5% | +1.4% | +1.0% | +0.8% | +0.6% |
| 2024 | +1.4% | +3.3% | +1.0% | −2.5% | +3.7% | +3.6% | +0.6% | +2.4% | +2.1% | −0.2% | +3.5% | −1.8% |
| 2023 | +4.1% | −0.9% | +3.5% | +1.5% | +0.7% | +3.5% | +2.2% | −0.4% | −4.5% | −1.1% | +5.6% | +1.0% |
| 2022 | −1.7% | −1.9% | −0.5% | −5.3% | +0.7% | −0.8% | +4.6% | −1.6% | −7.4% | +2.8% | +6.0% | −2.1% |
| 2021 | — | — | — | — | +0.6% | +1.0% | +1.0% | +1.1% | −2.4% | +2.8% | −0.4% | +1.6% |
C000226478 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.67%
- 3-year Sharpe ratio: 0.45 (vs 4.5% risk-free rate)
- Best month: +5.63% (Nov 2023)
- Worst month: −5.77% (Mar 2025)
C000226478 Fund Flows
Monthly money in and out of Hedged Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$38.2M
- 12-month gross sales (incl. reinvestments): $39.7M
- Sales ÷ redemptions: 0.51×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.0M | $10.6M | −$8.6M |
| May 2026 | $1.9M | $4.7M | −$2.9M |
| Apr 2026 | $2.2M | $6.4M | −$4.2M |
| Mar 2026 | $1.3M | $6.0M | −$4.8M |
| Feb 2026 | $1.9M | $10.4M | −$8.6M |
| Jan 2026 | $2.6M | $2.8M | −$146K |
| Dec 2025 | $4.6M | $3.6M | $1.0M |
| Nov 2025 | $2.1M | $3.4M | −$1.3M |
| Oct 2025 | $9.0M | $4.5M | $4.4M |
| Sep 2025 | $4.2M | $8.5M | −$4.3M |
| Aug 2025 | $4.8M | $6.3M | −$1.6M |
| Jul 2025 | $3.3M | $10.5M | −$7.3M |
C000226478 Assets Under Management
Net assets of Hedged Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $457.64M |
| 2026-03-31 | $458.71M |
| 2025-12-31 | $496.23M |
| 2025-09-30 | $480.48M |
| 2025-06-30 | $472.62M |
| 2025-03-31 | $423.56M |
| 2024-12-31 | $426.93M |
| 2024-09-30 | $401.71M |
| 2024-06-30 | $362.10M |
| 2024-03-31 | $319.27M |
| 2023-12-31 | $273.35M |
| 2023-09-30 | $221.46M |
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.