GFSZX Performance — Strategic Alternatives Fund, Investor Class
Data updated: 2026-08-27
GFSZX returned +1.22% year to date and +4.43% over one year to Jun 2026. Annualised returns are +5.94% over 3 years and +4.47% over 5 years. The fund trailed its Long-Short Equity category average: $100 invested three years ago grew to $119, against $131 for the category, and to $104 over one year, against $116. Volatility over the past three years was 1.98% a year. In the 12 months to Jun 2026 the fund took in a net $7.6M, and assets reached $287.94M.
GFSZX Growth of $100
What $100 invested in Strategic Alternatives Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Short Equity category average over the same months.
| Period | GFSZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $116 |
| 3 years (Jul 2023 – Jun 2026) | $119 | $131 |
| 5 years (Jul 2021 – Jun 2026) | $124 | $131 |
| Since data start (Jul 2019 – Jun 2026) | $126 | $145 |
GFSZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.22% |
| 1 year | +4.43% |
| 3 years (annualised) | +5.94% |
| 5 years (annualised) | +4.47% |
GFSZX Annual Returns
Calendar-year total returns of Strategic Alternatives Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.22% |
| 2025 | +5.08% |
| 2024 | +7.37% |
| 2023 | +5.59% |
| 2022 | −0.81% |
| 2021 | +4.57% |
| 2020 | −0.50% |
| 2019 (Jul–Dec) | +1.65% |
GFSZX 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 | −0.6% | +0.1% | −0.4% | −0.2% | +1.1% | +1.2% | — | — | — | — | — | — |
| 2025 | +0.9% | +1.0% | −0.1% | +0.3% | +0.3% | −0.5% | −0.1% | +0.8% | +0.9% | +1.0% | +0.1% | +0.5% |
| 2024 | +1.3% | 0.0% | +0.5% | +0.3% | +0.2% | +1.0% | +1.3% | +0.7% | +0.3% | +0.1% | +1.4% | 0.0% |
| 2023 | 0.0% | +0.2% | +0.4% | +0.6% | +0.3% | −0.1% | +0.8% | +1.0% | +1.2% | +1.1% | −0.1% | +0.1% |
| 2022 | −0.5% | −1.2% | −0.2% | +0.6% | −0.5% | +0.1% | +0.4% | −0.6% | +0.4% | +1.0% | +0.3% | −0.6% |
| 2021 | 0.0% | −0.9% | +1.3% | +0.1% | −0.6% | +0.6% | +1.4% | +0.7% | −0.6% | +0.4% | +1.2% | +0.9% |
| 2020 | −0.2% | −1.4% | −5.2% | +1.3% | +1.5% | +0.5% | +1.2% | +0.4% | 0.0% | −0.4% | +1.5% | +0.5% |
| 2019 | — | — | — | — | — | — | +0.3% | −0.3% | +0.5% | +0.3% | +0.2% | +0.7% |
GFSZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 1.98%
- 3-year Sharpe ratio: 0.73 (vs 4.5% risk-free rate)
- Best month: +1.44% (Nov 2024)
- Worst month: −0.56% (Jan 2026)
GFSZX Fund Flows
Monthly money in and out of Strategic Alternatives Fund, from SEC Form N-PORT.
- 12-month net flow: $7.6M
- 12-month gross sales (incl. reinvestments): $62.9M
- Sales ÷ redemptions: 1.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.4M | $1.4M | $20K |
| May 2026 | $2.5M | $1.1M | $1.4M |
| Apr 2026 | $10.2M | $2.6M | $7.6M |
| Mar 2026 | $1.1M | $11.7M | −$10.6M |
| Feb 2026 | $4.3M | $2.4M | $1.9M |
| Jan 2026 | $3.9M | $2.5M | $1.4M |
| Dec 2025 | $21.9M | $2.5M | $19.4M |
| Nov 2025 | $951K | $4.7M | −$3.7M |
| Oct 2025 | $2.9M | $15.1M | −$12.3M |
| Sep 2025 | $6.0M | $3.4M | $2.6M |
| Aug 2025 | $2.8M | $4.1M | −$1.3M |
| Jul 2025 | $5.0M | $3.9M | $1.2M |
GFSZX Assets Under Management
Net assets of Strategic Alternatives Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $287.94M |
| 2026-03-31 | $272.93M |
| 2025-12-31 | $282.62M |
| 2025-09-30 | $293.57M |
| 2025-06-30 | $286.52M |
| 2025-03-31 | $280.51M |
| 2024-12-31 | $266.37M |
| 2024-09-30 | $263.24M |
| 2024-06-28 | $254.70M |
| 2024-03-28 | $252.91M |
| 2023-12-29 | $246.62M |
| 2023-09-29 | $238.57M |
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.