FMSIX Performance — Frontier MFG Select Infrastructure Fund, Institutional Class
Data updated: 2023-09-08
FMSIX returned +0.81% over one year to Jun 2023. The annualised 3-year return is +4.97%. The fund beat its International Real Estate category average: $100 invested three years ago grew to $116, against $108 for the category, and to $101 over one year, against $96. Volatility over the past three years was 17.04% a year. In the 12 months to Jun 2023 the fund took in a net $46.6M, and assets reached $95.46M.
FMSIX Growth of $100
What $100 invested in Frontier MFG Select Infrastructure Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Real Estate category average over the same months.
| Period | FMSIX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $101 | $96 |
| 3 years (Jul 2020 – Jun 2023) | $116 | $108 |
| Since data start (Jul 2019 – Jun 2023) | $106 | $98 |
FMSIX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.81% |
| 3 years (annualised) | +4.97% |
FMSIX Annual Returns
Calendar-year total returns of Frontier MFG Select Infrastructure Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +3.32% |
| 2022 | −7.52% |
| 2021 | +12.78% |
| 2020 | −6.19% |
| 2019 (Jul–Dec) | +4.96% |
FMSIX 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 | +6.1% | −4.5% | +2.7% | +3.8% | −5.5% | +1.2% | — | — | — | — | — | — |
| 2022 | −3.2% | −1.1% | +6.7% | −3.1% | +1.8% | −5.9% | +4.4% | −3.2% | −13.8% | +5.2% | +9.8% | −3.0% |
| 2021 | −3.0% | −2.0% | +6.9% | +4.6% | +0.3% | −1.7% | +2.9% | +1.2% | −4.8% | +4.4% | −3.6% | +8.0% |
| 2020 | +1.5% | −9.4% | −14.0% | +6.1% | +4.4% | −0.2% | +2.7% | +0.2% | −1.7% | −2.3% | +7.6% | +0.9% |
| 2019 | — | — | — | — | — | — | −0.8% | +1.4% | +1.0% | +1.0% | −0.8% | +3.1% |
FMSIX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 17.04%
- 3-year Sharpe ratio: 0.03 (vs 4.5% risk-free rate)
- Best month: +9.81% (Nov 2022)
- Worst month: −13.80% (Sep 2022)
FMSIX Fund Flows
Monthly money in and out of Frontier MFG Select Infrastructure Fund, from SEC Form N-PORT.
- 12-month net flow: $46.6M
- 12-month gross sales (incl. reinvestments): $7.8M
- Sales ÷ redemptions: -0.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $632K | −$12.7M | $13.4M |
| May 2023 | $25K | −$5.0M | $5.1M |
| Apr 2023 | $379K | −$3.3M | $3.7M |
| Mar 2023 | $827K | −$2.7M | $3.5M |
| Feb 2023 | $890K | −$1.4M | $2.3M |
| Jan 2023 | $274K | −$1.1M | $1.4M |
| Dec 2022 | $543K | −$2.6M | $3.1M |
| Nov 2022 | $1.3M | −$1.1M | $2.3M |
| Oct 2022 | $631K | −$4.6M | $5.2M |
| Sep 2022 | $872K | −$1.9M | $2.7M |
| Aug 2022 | $887K | −$1.8M | $2.7M |
| Jul 2022 | $611K | −$577K | $1.2M |
FMSIX Assets Under Management
Net assets of Frontier MFG Select Infrastructure Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $95.46M |
| 2023-03-31 | $117.53M |
| 2022-12-31 | $116.71M |
| 2022-09-30 | $110.27M |
| 2022-06-30 | $129.49M |
| 2022-03-31 | $141.10M |
| 2021-12-31 | $142.09M |
| 2021-09-30 | $128.28M |
| 2021-06-30 | $124.45M |
| 2021-03-31 | $116.03M |
| 2020-12-31 | $106.32M |
| 2020-09-30 | $89.96M |
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.