FMGEX Performance — Frontier MFG Global Equity Fund, Institutional Class
Data updated: 2024-05-24
FMGEX returned +18.27% over one year to Mar 2024. The annualised 3-year return is +3.87%. The fund beat its Alternative category average: $100 invested three years ago grew to $112, against $111 for the category, and to $118 over one year, against $117. Volatility over the past three years was 17.32% a year. In the 12 months to Mar 2024 the fund took in a net $50.7M, and assets reached $1.41M.
FMGEX Growth of $100
What $100 invested in Frontier MFG Global Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | FMGEX | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $118 | $117 |
| 3 years (Apr 2021 – Mar 2024) | $112 | $111 |
| Since data start (Jul 2019 – Mar 2024) | $137 | $128 |
FMGEX Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +18.27% |
| 3 years (annualised) | +3.87% |
FMGEX Annual Returns
Calendar-year total returns of Frontier MFG Global Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +2.91% |
| 2023 | +24.27% |
| 2022 | −20.93% |
| 2021 | +13.28% |
| 2020 | +10.20% |
| 2019 (Jul–Dec) | +8.79% |
FMGEX 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 | +1.6% | +1.9% | −0.6% | — | — | — | — | — | — | — | — | — |
| 2023 | +6.9% | −4.1% | +5.5% | +4.1% | −2.3% | +5.2% | +1.1% | −1.6% | −5.8% | +0.1% | +8.6% | +5.3% |
| 2022 | −5.6% | −4.6% | +0.5% | −6.0% | −0.9% | −7.0% | +7.8% | −5.2% | −9.5% | +5.5% | +8.9% | −5.1% |
| 2021 | −1.2% | +0.3% | +3.1% | +6.0% | −0.8% | +1.4% | +1.6% | +0.4% | −5.2% | +5.3% | −3.5% | +5.6% |
| 2020 | +1.8% | −6.6% | −9.5% | +9.0% | +3.6% | +1.8% | +5.0% | +5.5% | −2.6% | −1.6% | +3.5% | +1.4% |
| 2019 | — | — | — | — | — | — | +2.0% | +0.5% | −1.4% | +1.7% | +2.7% | +3.1% |
FMGEX Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 17.32%
- 3-year Sharpe ratio: -0.04 (vs 4.5% risk-free rate)
- Best month: +8.89% (Nov 2022)
- Worst month: −9.47% (Sep 2022)
FMGEX Fund Flows
Monthly money in and out of Frontier MFG Global Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $50.7M
- 12-month gross sales (incl. reinvestments): $23.4M
- Sales ÷ redemptions: -0.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $0 | $45K | −$45K |
| Feb 2024 | $0 | $4.4M | −$4.4M |
| Jan 2024 | $802K | $435K | $367K |
| Dec 2023 | $2.5M | −$12.2M | $14.7M |
| Nov 2023 | $0 | −$1.4M | $1.4M |
| Oct 2023 | $0 | −$21K | $21K |
| Sep 2023 | $0 | −$2.1M | $2.1M |
| Aug 2023 | $20.0M | −$7.0M | $27.0M |
| Jul 2023 | $6K | −$423K | $429K |
| Jun 2023 | $0 | −$341K | $341K |
| May 2023 | $0 | −$688K | $688K |
| Apr 2023 | $0 | −$8.0M | $8.0M |
FMGEX Assets Under Management
Net assets of Frontier MFG Global Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $1.41M |
| 2023-12-31 | $5.31M |
| 2023-09-30 | $16.87M |
| 2023-06-30 | $28.02M |
| 2023-03-31 | $35.09M |
| 2022-12-31 | $83.87M |
| 2022-09-30 | $218.92M |
| 2022-06-30 | $707.42M |
| 2022-03-31 | $889.10M |
| 2021-12-31 | $1.27B |
| 2021-09-30 | $1.22B |
| 2021-06-30 | $1.29B |
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.