FIVCX Performance — Nomura Opportunity Fund, Class C
Data updated: 2026-08-26
FIVCX returned +20.78% year to date and +32.46% over one year to Jun 2026. The annualised 3-year return is +17.96%. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $164, against $148 for the category, and to $132 over one year, against $120. Volatility over the past three years was 14.89% a year. In the 12 months to Jun 2026 the fund lost a net $38.1M, and assets reached $589.53M.
FIVCX Growth of $100
What $100 invested in Nomura Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | FIVCX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $132 | $120 |
| 3 years (Jul 2023 – Jun 2026) | $164 | $148 |
| Since data start (Feb 2023 – Jun 2026) | $161 | $146 |
FIVCX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +20.78% |
| 1 year | +32.46% |
| 3 years (annualised) | +17.96% |
FIVCX Annual Returns
Calendar-year total returns of Nomura Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +20.78% |
| 2025 | +11.74% |
| 2024 | +13.28% |
| 2023 (Feb–Dec) | +5.56% |
FIVCX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.9% | +7.1% | −4.0% | +7.9% | +0.4% | +3.4% | — | — | — | — | — | — |
| 2025 | +3.7% | −4.2% | −4.2% | −2.0% | +5.5% | +3.5% | +2.0% | +3.5% | +1.5% | −0.3% | +3.3% | −0.7% |
| 2024 | −1.0% | +4.5% | +5.2% | −5.1% | +2.7% | −2.5% | +6.9% | +2.4% | +0.9% | −0.2% | +6.8% | −7.1% |
| 2023 | — | −0.4% | −5.0% | −0.9% | −2.9% | +8.0% | +3.6% | −3.2% | −4.7% | −4.1% | +9.0% | +7.3% |
FIVCX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.89%
- 3-year Sharpe ratio: 0.90 (vs 4.5% risk-free rate)
- Best month: +8.99% (Nov 2023)
- Worst month: −7.07% (Dec 2024)
FIVCX Fund Flows
Monthly money in and out of Nomura Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: −$38.1M
- 12-month gross sales (incl. reinvestments): $78.5M
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.8M | $8.4M | −$6.6M |
| May 2026 | $8.4M | $7.7M | $698K |
| Apr 2026 | $2.8M | $8.5M | −$5.7M |
| Mar 2026 | $1.8M | $8.8M | −$7.0M |
| Feb 2026 | $3.0M | $7.5M | −$4.5M |
| Jan 2026 | $788K | $8.2M | −$7.4M |
| Dec 2025 | $54.4M | $10.9M | $43.5M |
| Nov 2025 | $1.3M | $8.8M | −$7.5M |
| Oct 2025 | $1.2M | $9.1M | −$7.9M |
| Sep 2025 | $898K | $9.8M | −$8.9M |
| Aug 2025 | $876K | $9.8M | −$9.0M |
| Jul 2025 | $1.3M | $19.1M | −$17.8M |
FIVCX Assets Under Management
Net assets of Nomura Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $589.53M |
| 2026-03-31 | $536.24M |
| 2025-12-31 | $513.74M |
| 2025-09-30 | $526.26M |
| 2025-06-30 | $524.68M |
| 2025-03-31 | $511.25M |
| 2024-12-31 | $558.68M |
| 2024-09-30 | $581.51M |
| 2024-06-28 | $557.61M |
| 2024-03-28 | $612.40M |
| 2023-12-29 | $586.35M |
| 2023-09-29 | $540.40M |
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.