C000236408 Performance — Absolute Flexible Fund, Institutional Shares
Data updated: 2023-08-28
C000236408 returned +7.27% over one year to Jun 2023. Over one year the fund beat its International Short-Term Corporate Bond category average: $100 grew to $107, against $104 for the category. Volatility over the past 12 months was 4.08% a year. In the 12 months to Jun 2023 the fund took in a net $25.0M, and assets reached $25.51M.
C000236408 Growth of $100
What $100 invested in Absolute Flexible Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Short-Term Corporate Bond category average over the same months.
| Period | C000236408 | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $107 | $104 |
C000236408 Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +7.27% |
C000236408 Annual Returns
Calendar-year total returns of Absolute Flexible Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +3.72% |
| 2022 (Jul–Dec) | +3.43% |
C000236408 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 | +2.2% | −0.3% | 0.0% | +0.4% | +0.3% | +1.1% | — | — | — | — | — | — |
| 2022 | — | — | — | — | — | — | +0.9% | +0.6% | −2.4% | +1.4% | +1.8% | +1.1% |
C000236408 Risk
Risk measures from monthly returns over Jul 2022 – Jun 2023.
- 1-year volatility (annualised): 4.08%
- Best month: +2.17% (Jan 2023)
- Worst month: −2.36% (Sep 2022)
C000236408 Fund Flows
Monthly money in and out of Absolute Flexible Fund, from SEC Form N-PORT.
- 12-month net flow: $25.0M
- 12-month gross sales (incl. reinvestments): $25.0M
- Sales ÷ redemptions: 2500682.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $4.2M | $0 | $4.2M |
| May 2023 | $5K | $0 | $5K |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $0 | $0 | $0 |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $354K | $0 | $354K |
| Dec 2022 | $80K | $0 | $80K |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $0 | $0 | $0 |
| Sep 2022 | $50K | $10 | $50K |
| Aug 2022 | $0 | $0 | $0 |
| Jul 2022 | $20.3M | $0 | $20.3M |
C000236408 Assets Under Management
Net assets of Absolute Flexible Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $25.51M |
| 2023-03-31 | $21.44M |
| 2022-12-31 | $20.70M |
| 2022-09-30 | $20.17M |
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.