DIP Performance — BTD Capital Fund
Data updated: 2024-04-29
DIP returned +9.85% over one year to Feb 2024. Over one year the fund trailed its US Mid-Cap Blend category average: $100 grew to $110, against $114 for the category. Volatility over the past 12 months was 20.56% a year. In the 12 months to Feb 2024 the fund took in a net $11.9M, and assets reached $1.09M.
DIP Growth of $100
What $100 invested in BTD Capital Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | DIP | Category average |
|---|---|---|
| 1 year (Mar 2023 – Feb 2024) | $110 | $114 |
| Since data start (Dec 2022 – Feb 2024) | $112 | $115 |
DIP Trailing Returns
Total returns to Feb 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.85% |
DIP Annual Returns
Calendar-year total returns of BTD Capital Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Feb) | +5.08% |
| 2023 | +9.75% |
| 2022 (Dec–Dec) | −3.10% |
DIP 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.6% | +4.4% | — | — | — | — | — | — | — | — | — | — |
| 2023 | +6.2% | −1.2% | −3.3% | +0.3% | −6.8% | +8.9% | +7.0% | −2.5% | −6.0% | −6.2% | +8.7% | +6.1% |
| 2022 | — | — | — | — | — | — | — | — | — | — | — | −3.1% |
DIP Risk
Risk measures from monthly returns over Mar 2023 – Feb 2024.
- 1-year volatility (annualised): 20.56%
- Best month: +8.90% (Jun 2023)
- Worst month: −6.79% (May 2023)
DIP Fund Flows
Monthly money in and out of BTD Capital Fund, from SEC Form N-PORT.
- 12-month net flow: $11.9M
- 12-month gross sales (incl. reinvestments): $5.5M
- Sales ÷ redemptions: -0.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2024 | $0 | $0 | $0 |
| Jan 2024 | $0 | −$777K | $777K |
| Dec 2023 | $1.6M | −$3.4M | $4.9M |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $2.2M | −$474K | $2.6M |
| Sep 2023 | $505K | $0 | $505K |
| Aug 2023 | $264K | −$1.1M | $1.3M |
| Jul 2023 | $1.1M | $0 | $1.1M |
| Jun 2023 | $0 | $0 | $0 |
| May 2023 | $0 | $0 | $0 |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $0 | −$705K | $705K |
DIP Assets Under Management
Net assets of BTD Capital Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-02-29 | $1.09M |
| 2023-11-30 | $3.50M |
| 2023-08-31 | $1.31M |
| 2023-05-31 | $919.61K |
| 2023-02-28 | $1.78M |
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.