CPMNX Performance — Convergence Market Neutral Fund, Institutional Class
Data updated: 2021-02-11
In the 12 months to Aug 2020 the fund took in a net $25.7M, and assets reached $23.81M.
CPMNX Growth of $100
What $100 invested in Convergence Market Neutral Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Blend category average over the same months.
| Period | CPMNX | Category average |
|---|---|---|
| Since data start (Mar 2020 – Aug 2020) | $96 | $108 |
CPMNX Annual Returns
Calendar-year total returns of Convergence Market Neutral Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 (Mar–Aug) | −4.37% |
CPMNX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | — | — | −1.6% | −0.8% | −1.0% | −1.1% | +1.7% | −1.5% | — | — | — | — |
CPMNX Risk
Risk measures from monthly returns over Mar 2020 – Aug 2020.
- Best month: +1.66% (Jul 2020)
- Worst month: −1.59% (Mar 2020)
CPMNX Fund Flows
Monthly money in and out of Convergence Market Neutral Fund, from SEC Form N-PORT.
- 12-month net flow: $25.7M
- 12-month gross sales (incl. reinvestments): $52K
- Sales ÷ redemptions: -0.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2020 | $4K | −$1.8M | $1.8M |
| Jul 2020 | $2K | −$947K | $950K |
| Jun 2020 | $4K | −$3.7M | $3.7M |
| May 2020 | $10K | −$1.9M | $2.0M |
| Apr 2020 | $3K | −$2.4M | $2.4M |
| Mar 2020 | $28K | −$14.8M | $14.9M |
CPMNX Assets Under Management
Net assets of Convergence Market Neutral Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-08-31 | $23.81M |
| 2020-05-31 | $30.58M |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.