DHQIX Performance — Day Hagan Smart Value Fund, Class I
Data updated: 2024-02-28
DHQIX returned +10.15% over one year to Dec 2023. The annualised 3-year return is +11.49%. Against its US Large Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $139, against $131 for the category, and to $110 over one year, against $114. Volatility over the past three years was 17.17% a year. In the 12 months to Dec 2023 the fund took in a net $9.7M, and assets reached $20.14M.
DHQIX Growth of $100
What $100 invested in Day Hagan Smart Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | DHQIX | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $110 | $114 |
| 3 years (Jan 2021 – Dec 2023) | $139 | $131 |
| Since data start (Jan 2020 – Dec 2023) | $137 | $139 |
DHQIX Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +10.15% |
| 3 years (annualised) | +11.49% |
DHQIX Annual Returns
Calendar-year total returns of Day Hagan Smart Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +10.15% |
| 2022 | −6.41% |
| 2021 | +34.43% |
| 2020 | −1.45% |
DHQIX 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 | +5.3% | −1.1% | −0.4% | +1.7% | −5.8% | +5.8% | +3.7% | −2.9% | −4.4% | −5.2% | +7.3% | +7.1% |
| 2022 | −1.1% | −1.2% | +3.1% | −5.1% | +4.7% | −8.5% | +4.9% | −3.2% | −8.8% | +8.1% | +7.4% | −5.1% |
| 2021 | +1.8% | +4.1% | +8.9% | +3.8% | +2.9% | −0.9% | +1.1% | +2.8% | −3.7% | +4.1% | −2.2% | +8.1% |
| 2020 | −3.8% | −7.7% | −13.4% | +7.3% | +4.2% | +0.8% | +3.1% | +0.7% | −3.0% | −2.4% | +12.3% | +2.9% |
DHQIX Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 17.17%
- 3-year Sharpe ratio: 0.41 (vs 4.5% risk-free rate)
- Best month: +8.91% (Mar 2021)
- Worst month: −8.80% (Sep 2022)
DHQIX Fund Flows
Monthly money in and out of Day Hagan Smart Value Fund, from SEC Form N-PORT.
- 12-month net flow: $9.7M
- 12-month gross sales (incl. reinvestments): $3.8M
- Sales ÷ redemptions: -0.65×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $2.4M | −$653K | $3.1M |
| Nov 2023 | $6K | −$532K | $538K |
| Oct 2023 | $41K | −$338K | $378K |
| Sep 2023 | $181K | −$384K | $565K |
| Aug 2023 | $28K | −$173K | $201K |
| Jul 2023 | $56K | −$421K | $477K |
| Jun 2023 | $118K | −$151K | $270K |
| May 2023 | $62K | −$209K | $271K |
| Apr 2023 | $21K | −$319K | $339K |
| Mar 2023 | $312K | −$709K | $1.0M |
| Feb 2023 | $160K | −$1.4M | $1.6M |
| Jan 2023 | $387K | −$572K | $960K |
DHQIX Assets Under Management
Net assets of Day Hagan Smart Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $20.14M |
| 2023-09-30 | $19.93M |
| 2023-06-30 | $21.54M |
| 2023-03-31 | $21.84M |
| 2022-12-31 | $22.90M |
| 2022-09-30 | $22.17M |
| 2022-06-30 | $24.78M |
| 2022-03-31 | $28.48M |
| 2021-12-31 | $28.75M |
| 2021-09-30 | $30.07M |
| 2021-06-30 | $36.59M |
| 2021-03-31 | $34.91M |
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.