FWFIX Performance — Oakhurst Fixed Income Fund, Institutional Shares
Data updated: 2023-11-07
FWFIX returned −0.62% over one year to Aug 2023. The annualised 3-year return is −3.41%. The fund trailed its International Bond category average: $100 invested three years ago grew to $90, against $97 for the category, and to $99 over one year, against $101. Volatility over the past three years was 4.85% a year. In the 12 months to Aug 2023 the fund took in a net $525K, and assets reached $115.41M.
FWFIX Growth of $100
What $100 invested in Oakhurst Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Bond category average over the same months.
| Period | FWFIX | Category average |
|---|---|---|
| 1 year (Sep 2022 – Aug 2023) | $99 | $101 |
| 3 years (Sep 2020 – Aug 2023) | $90 | $97 |
| Since data start (Mar 2020 – Aug 2023) | $92 | $101 |
FWFIX Trailing Returns
Total returns to Aug 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −0.62% |
| 3 years (annualised) | −3.41% |
FWFIX Annual Returns
Calendar-year total returns of Oakhurst Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Aug) | +2.35% |
| 2022 | −12.27% |
| 2021 | −0.61% |
| 2020 (Mar–Dec) | +3.40% |
FWFIX 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 | +2.7% | −1.7% | +2.0% | +0.6% | −0.9% | −0.4% | +0.3% | −0.3% | — | — | — | — |
| 2022 | −1.6% | −1.1% | −2.8% | −2.7% | −0.1% | −1.4% | +1.9% | −2.1% | −3.8% | −1.3% | +2.4% | −0.2% |
| 2021 | −0.2% | −0.9% | −0.8% | +0.7% | +0.5% | +0.4% | +0.9% | −0.1% | −0.6% | −0.4% | +0.1% | −0.1% |
| 2020 | — | — | 0.0% | 0.0% | 0.0% | +1.4% | +1.3% | −0.2% | +0.1% | −0.3% | +0.9% | +0.3% |
FWFIX Risk
Risk measures from monthly returns over Sep 2020 – Aug 2023.
- 3-year volatility (annualised): 4.85%
- 3-year Sharpe ratio: -1.63 (vs 4.5% risk-free rate)
- Best month: +2.71% (Jan 2023)
- Worst month: −3.82% (Sep 2022)
FWFIX Fund Flows
Monthly money in and out of Oakhurst Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: $525K
- 12-month gross sales (incl. reinvestments): $37.5M
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2023 | $2.2M | $2.3M | −$118K |
| Jul 2023 | $1.8M | $4.6M | −$2.9M |
| Jun 2023 | $2.0M | $1.9M | $83K |
| May 2023 | $3.0M | $3.1M | −$93K |
| Apr 2023 | $3.3M | $4.2M | −$829K |
| Mar 2023 | $1.8M | $3.2M | −$1.4M |
| Feb 2023 | $3.1M | $1.6M | $1.5M |
| Jan 2023 | $1.8M | $1.5M | $293K |
| Dec 2022 | $7.1M | $4.3M | $2.8M |
| Nov 2022 | $3.6M | $3.5M | $118K |
| Oct 2022 | $3.2M | $4.4M | −$1.2M |
| Sep 2022 | $4.8M | $2.4M | $2.4M |
FWFIX Assets Under Management
Net assets of Oakhurst Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-08-31 | $115.41M |
| 2023-05-31 | $119.73M |
| 2023-02-28 | $120.95M |
| 2022-11-30 | $116.48M |
| 2022-08-31 | $119.41M |
| 2022-05-31 | $120.09M |
| 2022-02-28 | $102.23M |
| 2021-11-30 | $113.67M |
| 2021-08-31 | $126.21M |
| 2021-05-31 | $143.14M |
| 2021-02-28 | $150.95M |
| 2020-11-30 | $101.28M |
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.