CGMFX Performance — CGM Focus Fund
Data updated: 2023-03-14
CGMFX returned −12.48% over one year to Sep 2022. The annualised 3-year return is +2.45%. The fund beat its International Multi-Cap Growth category average: $100 invested three years ago grew to $108, against $98 for the category, and to $88 over one year, against $70. Volatility over the past three years was 29.22% a year. In the 12 months to Sep 2022 the fund lost a net $32.8M, and assets reached $313.78M.
CGMFX Growth of $100
What $100 invested in CGM Focus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Multi-Cap Growth category average over the same months.
| Period | CGMFX | Category average |
|---|---|---|
| 1 year (Oct 2021 – Sep 2022) | $88 | $70 |
| 3 years (Oct 2019 – Sep 2022) | $108 | $98 |
| Since data start (Jul 2019 – Sep 2022) | $111 | $97 |
CGMFX Trailing Returns
Total returns to Sep 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −12.48% |
| 3 years (annualised) | +2.45% |
CGMFX Annual Returns
Calendar-year total returns of CGM Focus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Sep) | −14.60% |
| 2021 | +33.52% |
| 2020 | −4.34% |
| 2019 (Jul–Dec) | +1.37% |
CGMFX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | +6.2% | +1.7% | −0.9% | −17.9% | +7.5% | −5.7% | −12.3% | −1.1% | +10.5% | — | — | — |
| 2021 | +13.1% | +5.6% | +3.9% | −1.6% | −0.1% | +5.1% | +1.3% | +2.3% | −2.0% | +2.7% | −3.3% | +3.1% |
| 2020 | −26.2% | −7.9% | −12.2% | +6.8% | +6.3% | +6.9% | +1.7% | +1.5% | +8.6% | +7.9% | +9.5% | −0.3% |
| 2019 | — | — | — | — | — | — | +8.1% | −2.0% | −2.9% | +10.2% | −11.5% | +1.1% |
CGMFX Risk
Risk measures from monthly returns over Oct 2019 – Sep 2022.
- 3-year volatility (annualised): 29.22%
- 3-year Sharpe ratio: -0.07 (vs 4.5% risk-free rate)
- Best month: +13.13% (Jan 2021)
- Worst month: −26.25% (Jan 2020)
CGMFX Fund Flows
Monthly money in and out of CGM Focus Fund, from SEC Form N-PORT.
- 12-month net flow: −$32.8M
- 12-month gross sales (incl. reinvestments): $5.4M
- Sales ÷ redemptions: 0.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2022 | $66K | $770K | −$703K |
| Aug 2022 | $72K | $1.6M | −$1.6M |
| Jul 2022 | $69K | $1.3M | −$1.2M |
| Jun 2022 | $341K | $2.8M | −$2.5M |
| May 2022 | $120K | $1.9M | −$1.8M |
| Apr 2022 | $169K | $2.8M | −$2.6M |
| Mar 2022 | $128K | $3.6M | −$3.4M |
| Feb 2022 | $101K | $2.5M | −$2.4M |
| Jan 2022 | $104K | $2.8M | −$2.7M |
| Dec 2021 | $163K | $3.4M | −$3.2M |
| Nov 2021 | $86K | $4.0M | −$4.0M |
| Oct 2021 | $4.0M | $10.7M | −$6.7M |
CGMFX Assets Under Management
Net assets of CGM Focus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-09-30 | $313.78M |
| 2022-06-30 | $330.80M |
| 2022-03-31 | $404.60M |
| 2021-12-31 | $382.72M |
| 2021-09-30 | $394.40M |
| 2021-06-30 | $399.18M |
| 2021-03-31 | $402.82M |
| 2020-12-31 | $342.66M |
| 2020-09-30 | $304.22M |
| 2020-06-30 | $282.17M |
| 2020-03-31 | $240.67M |
| 2019-12-31 | $436.69M |
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.