C000229358 Performance — iMGP Hedge Strategy ETF
Data updated: 2024-08-20
C000229358 returned +7.64% over one year to Jun 2024. The annualised 3-year return is +1.34%. The fund trailed its Long-Short Equity category average: $100 invested three years ago grew to $104, against $109 for the category, and to $108 over one year, against $109. Volatility over the past three years was 7.07% a year. In the 12 months to Jun 2024 the fund lost a net $10.8M, and assets reached $17.64M.
C000229358 Growth of $100
What $100 invested in iMGP Hedge Strategy ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Short Equity category average over the same months.
| Period | C000229358 | Category average |
|---|---|---|
| 1 year (Jul 2023 – Jun 2024) | $108 | $109 |
| 3 years (Jul 2021 – Jun 2024) | $104 | $109 |
C000229358 Trailing Returns
Total returns to Jun 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +7.64% |
| 3 years (annualised) | +1.34% |
C000229358 Annual Returns
Calendar-year total returns of iMGP Hedge Strategy ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jun) | +4.72% |
| 2023 | +7.89% |
| 2022 | −6.51% |
| 2021 (Jul–Dec) | −1.47% |
C000229358 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 | −0.3% | +1.6% | +1.8% | −2.2% | +2.5% | +1.3% | — | — | — | — | — | — |
| 2023 | +3.0% | −0.4% | −0.8% | +0.1% | −0.1% | +3.1% | +1.6% | −1.2% | −1.6% | −0.1% | +2.0% | +2.0% |
| 2022 | −3.4% | −0.5% | +2.7% | −2.1% | +0.2% | −2.9% | +3.2% | −1.3% | −2.7% | +2.4% | +0.9% | −2.8% |
| 2021 | — | — | — | — | — | — | −1.1% | +0.4% | −3.0% | +2.6% | −2.5% | +2.2% |
C000229358 Risk
Risk measures from monthly returns over Jul 2021 – Jun 2024.
- 3-year volatility (annualised): 7.07%
- 3-year Sharpe ratio: -0.45 (vs 4.5% risk-free rate)
- Best month: +3.19% (Jul 2022)
- Worst month: −3.39% (Jan 2022)
C000229358 Fund Flows
Monthly money in and out of iMGP Hedge Strategy ETF, from SEC Form N-PORT.
- 12-month net flow: −$10.8M
- 12-month gross sales (incl. reinvestments): $12.7M
- Sales ÷ redemptions: 0.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2024 | $0 | $0 | $0 |
| May 2024 | $0 | $11.6M | −$11.6M |
| Apr 2024 | $0 | $6.0M | −$6.0M |
| Mar 2024 | $0 | $0 | $0 |
| Feb 2024 | $2.7M | $0 | $2.7M |
| Jan 2024 | $0 | $668K | −$668K |
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $3.3M | $5.3M | −$2.0M |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $4.7M | $0 | $4.7M |
| Jul 2023 | $2.0M | $0 | $2.0M |
C000229358 Assets Under Management
Net assets of iMGP Hedge Strategy ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-06-30 | $17.64M |
| 2024-03-31 | $35.36M |
| 2023-12-31 | $32.62M |
| 2023-09-30 | $34.28M |
| 2023-06-30 | $28.02M |
| 2023-03-31 | $27.81M |
| 2022-12-31 | $14.62M |
| 2022-09-30 | $16.07M |
| 2022-06-30 | $16.22M |
| 2022-03-31 | $17.71M |
| 2021-12-31 | $17.26M |
| 2021-09-30 | $19.01M |
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.