C000231259 Performance — TOPS Target Range Portfolio, Class S
Data updated: 2024-05-30
C000231259 returned +14.16% over one year to Mar 2024. Over one year the fund trailed its Alternative category average: $100 grew to $114, against $117 for the category. Volatility over the past 12 months was 11.44% a year. In the 12 months to Mar 2024 the fund lost a net $6.9M, and assets reached $10.98M.
C000231259 Growth of $100
What $100 invested in TOPS Target Range Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | C000231259 | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $114 | $117 |
| Since data start (Jul 2021 – Mar 2024) | $98 | $107 |
C000231259 Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +14.16% |
| 3 years (annualised) | −0.72% |
C000231259 Annual Returns
Calendar-year total returns of TOPS Target Range Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +3.55% |
| 2023 | +12.64% |
| 2022 | −19.46% |
| 2021 (Jul–Dec) | +4.34% |
C000231259 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 | −0.9% | +2.7% | +1.7% | — | — | — | — | — | — | — | — | — |
| 2023 | +3.1% | −1.9% | +0.9% | +1.1% | −0.7% | +4.0% | +2.5% | −2.0% | −3.6% | −2.9% | +7.4% | +4.6% |
| 2022 | −5.9% | −1.8% | +0.8% | −5.4% | −0.4% | −5.2% | +3.7% | −2.7% | −3.9% | +2.0% | +1.5% | −3.6% |
| 2021 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | +3.7% | −2.3% | +3.0% |
C000231259 Risk
Risk measures from monthly returns over Apr 2023 – Mar 2024.
- 1-year volatility (annualised): 11.44%
- Best month: +7.41% (Nov 2023)
- Worst month: −3.59% (Sep 2023)
C000231259 Fund Flows
Monthly money in and out of TOPS Target Range Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$6.9M
- 12-month gross sales (incl. reinvestments): $387K
- Sales ÷ redemptions: 0.05×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $7K | $4.7M | −$4.7M |
| Feb 2024 | $22K | $1.7M | −$1.7M |
| Jan 2024 | $9K | $1.4M | −$1.4M |
| Dec 2023 | $57K | −$23K | $80K |
| Nov 2023 | $133K | −$24K | $157K |
| Oct 2023 | $6K | −$18K | $24K |
| Sep 2023 | $4K | −$15K | $19K |
| Aug 2023 | $11K | −$18K | $29K |
| Jul 2023 | $7K | −$16K | $23K |
| Jun 2023 | $8K | −$436K | $444K |
| May 2023 | $112K | −$25K | $137K |
| Apr 2023 | $10K | −$15K | $25K |
C000231259 Assets Under Management
Net assets of TOPS Target Range Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $10.98M |
| 2023-12-31 | $18.32M |
| 2023-09-30 | $16.79M |
| 2023-06-30 | $17.37M |
| 2023-03-31 | $16.98M |
| 2022-12-31 | $19.85M |
| 2022-09-30 | $18.56M |
| 2022-06-30 | $13.71M |
| 2022-03-31 | $5.76M |
| 2021-12-31 | $901.08K |
| 2021-09-30 | $743.59K |
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.