FNDRX Performance — FRC Founders Index Fund, Institutional Class
Data updated: 2022-12-13
FNDRX returned −34.57% over one year to Sep 2022. Over one year the fund trailed its International Real Estate category average: $100 grew to $65, against $75 for the category. Volatility over the past 12 months was 25.07% a year. In the 12 months to Sep 2022 the fund took in a net $82.8M, and assets reached $24.53M.
FNDRX Growth of $100
What $100 invested in FRC Founders Index 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 | FNDRX | Category average |
|---|---|---|
| 1 year (Oct 2021 – Sep 2022) | $65 | $75 |
| Since data start (Jul 2020 – Sep 2022) | $97 | $101 |
FNDRX Trailing Returns
Total returns to Sep 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −34.57% |
3- and 5-year figures withheld: not verified.
FNDRX Annual Returns
Calendar-year total returns of FRC Founders Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Sep) | −32.81% |
| 2021 | +7.57% |
| 2020 (Jul–Dec) | +33.81% |
FNDRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −13.0% | −1.8% | +1.5% | −14.4% | −4.1% | −5.9% | +11.1% | −0.7% | −9.1% | — | — | — |
| 2021 | +4.7% | +4.1% | −1.2% | +3.5% | −2.0% | +4.9% | −1.7% | +2.1% | −4.1% | +4.6% | −6.4% | −0.5% |
| 2020 | — | — | — | — | — | — | +1.4% | +5.7% | −1.9% | +0.3% | +17.8% | +7.7% |
FNDRX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2022.
- 1-year volatility (annualised): 25.07%
- Best month: +11.10% (Jul 2022)
- Worst month: −14.42% (Apr 2022)
FNDRX Fund Flows
Monthly money in and out of FRC Founders Index Fund, from SEC Form N-PORT.
- 12-month net flow: $82.8M
- 12-month gross sales (incl. reinvestments): $13.9M
- Sales ÷ redemptions: -0.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2022 | $68 | −$362K | $362K |
| Aug 2022 | $22K | −$1.4M | $1.4M |
| Jul 2022 | $68 | −$421K | $421K |
| Jun 2022 | $8K | −$2.1M | $2.1M |
| May 2022 | $15K | −$5.0M | $5.1M |
| Apr 2022 | $3K | −$6.0M | $6.0M |
| Mar 2022 | $163K | −$5.0M | $5.1M |
| Feb 2022 | $148K | −$7.4M | $7.6M |
| Jan 2022 | $509K | −$28.2M | $28.7M |
| Dec 2021 | $8.9M | −$8.6M | $17.5M |
| Nov 2021 | $3.3M | −$765K | $4.0M |
| Oct 2021 | $813K | −$3.6M | $4.4M |
FNDRX Assets Under Management
Net assets of FRC Founders Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-09-30 | $24.53M |
| 2022-06-30 | $26.38M |
| 2022-03-31 | $49.18M |
| 2021-12-31 | $101.99M |
| 2021-09-30 | $116.49M |
| 2021-06-30 | $115.12M |
| 2021-03-31 | $96.41M |
| 2020-12-31 | $74.83M |
| 2020-09-30 | $52.25M |
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.