CCAPX Performance — FS Chiron Capital Allocation Fund, Institutional Class
Data updated: 2025-04-01
CCAPX returned +13.49% over one year to Jan 2025. Annualised returns are +0.21% over 3 years and +6.46% over 5 years. The fund trailed its Alternative category average: $100 invested three years ago grew to $101, against $144 for the category, and to $113 over one year, against $140. Volatility over the past three years was 12.13% a year. In the 12 months to Jan 2025 the fund lost a net $170.1M, and assets reached $394.95M.
CCAPX Growth of $100
What $100 invested in FS Chiron Capital Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | CCAPX | Category average |
|---|---|---|
| 1 year (Feb 2024 – Jan 2025) | $113 | $140 |
| 3 years (Feb 2022 – Jan 2025) | $101 | $144 |
| 5 years (Feb 2020 – Jan 2025) | $137 | $163 |
| Since data start (Aug 2019 – Jan 2025) | $140 | $169 |
CCAPX Trailing Returns
Total returns to Jan 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +13.49% |
| 3 years (annualised) | +0.21% |
| 5 years (annualised) | +6.46% |
CCAPX Annual Returns
Calendar-year total returns of FS Chiron Capital Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jan) | +1.69% |
| 2024 | +17.32% |
| 2023 | −0.84% |
| 2022 | −18.85% |
| 2021 | +26.02% |
| 2020 | +14.19% |
| 2019 (Aug–Dec) | +1.60% |
CCAPX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.7% | — | — | — | — | — | — | — | — | — | — | — |
| 2024 | +5.1% | −2.0% | +2.0% | +2.6% | +0.4% | +1.6% | +3.0% | −1.8% | +1.4% | +3.1% | +3.0% | −2.1% |
| 2023 | +6.9% | −1.4% | +2.5% | −4.0% | +0.9% | +1.3% | −3.2% | −0.2% | −1.7% | −4.0% | +1.5% | +1.1% |
| 2022 | −4.6% | −6.6% | +0.3% | −2.0% | +2.5% | −8.1% | +1.6% | +3.9% | −6.8% | −3.2% | +6.1% | −2.7% |
| 2021 | +11.7% | +2.4% | +3.0% | +7.1% | −1.4% | −1.6% | +2.0% | +2.3% | −1.2% | −1.1% | −2.6% | +3.5% |
| 2020 | +1.0% | +4.6% | −9.9% | −5.6% | +5.8% | +2.6% | +3.1% | −0.7% | −0.2% | +6.8% | −0.6% | +7.9% |
| 2019 | — | — | — | — | — | — | — | +0.2% | +0.5% | +0.3% | −1.6% | +2.3% |
CCAPX Risk
Risk measures from monthly returns over Feb 2022 – Jan 2025.
- 3-year volatility (annualised): 12.13%
- 3-year Sharpe ratio: -0.35 (vs 4.5% risk-free rate)
- Best month: +6.91% (Jan 2023)
- Worst month: −8.10% (Jun 2022)
CCAPX Fund Flows
Monthly money in and out of FS Chiron Capital Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: −$170.1M
- 12-month gross sales (incl. reinvestments): $54.7M
- Sales ÷ redemptions: 0.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2025 | $1.4M | $6.5M | −$5.1M |
| Dec 2024 | $8.8M | $11.5M | −$2.8M |
| Nov 2024 | $3.4M | $10.6M | −$7.2M |
| Oct 2024 | $1.7M | $38.4M | −$36.7M |
| Sep 2024 | $12.1M | $11.4M | $685K |
| Aug 2024 | $1.4M | $11.7M | −$10.3M |
| Jul 2024 | $3.8M | $22.5M | −$18.6M |
| Jun 2024 | $1.6M | $8.8M | −$7.2M |
| May 2024 | $2.9M | $9.0M | −$6.1M |
| Apr 2024 | $5.1M | $50.6M | −$45.5M |
| Mar 2024 | $9.3M | $18.1M | −$8.8M |
| Feb 2024 | $3.1M | $25.6M | −$22.5M |
CCAPX Assets Under Management
Net assets of FS Chiron Capital Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-01-31 | $394.95M |
| 2024-10-31 | $409.24M |
| 2024-07-31 | $445.06M |
| 2024-04-30 | $456.29M |
| 2024-01-31 | $522.71M |
| 2023-10-31 | $587.90M |
| 2023-07-31 | $737.00M |
| 2023-04-30 | $814.84M |
| 2023-01-31 | $835.84M |
| 2022-10-31 | $823.66M |
| 2022-07-31 | $976.25M |
| 2022-04-30 | $1.09B |
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.