GMTEX Performance — GuideMark Tax-Exempt Fixed Income Fund, Service Shares
Data updated: 2021-02-22
GMTEX returned +4.39% over one year to Dec 2020. Over one year the fund beat its Municipal Bond category average: $100 grew to $104, against $103 for the category. Volatility over the past 12 months was 8.70% a year. In the 12 months to Dec 2020 the fund took in a net $13.7M, and assets reached $24.24M.
GMTEX Growth of $100
What $100 invested in GuideMark Tax-Exempt Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Municipal Bond category average over the same months.
| Period | GMTEX | Category average |
|---|---|---|
| 1 year (Jan 2020 – Dec 2020) | $104 | $103 |
| Since data start (Jul 2019 – Dec 2020) | $107 | $105 |
GMTEX Trailing Returns
Total returns to Dec 2020, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.39% |
GMTEX Annual Returns
Calendar-year total returns of GuideMark Tax-Exempt Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2020 | +4.39% |
| 2019 (Jul–Dec) | +2.04% |
GMTEX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | +1.9% | +1.8% | −6.3% | −1.6% | +3.1% | +1.9% | +1.9% | −0.4% | −0.1% | −0.4% | +1.8% | +1.0% |
| 2019 | — | — | — | — | — | — | +0.6% | +1.8% | −0.7% | −0.1% | +0.1% | +0.3% |
GMTEX Risk
Risk measures from monthly returns over Jan 2020 – Dec 2020.
- 1-year volatility (annualised): 8.70%
- Best month: +3.06% (May 2020)
- Worst month: −6.35% (Mar 2020)
GMTEX Fund Flows
Monthly money in and out of GuideMark Tax-Exempt Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: $13.7M
- 12-month gross sales (incl. reinvestments): $6.9M
- Sales ÷ redemptions: -1.02×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2020 | $2.0M | −$708K | $2.7M |
| Nov 2020 | $130K | −$182K | $313K |
| Oct 2020 | $419K | −$315K | $734K |
| Sep 2020 | $422K | −$366K | $788K |
| Aug 2020 | $150K | −$362K | $512K |
| Jul 2020 | $131K | −$375K | $506K |
| Jun 2020 | $352K | −$883K | $1.2M |
| May 2020 | $1.2M | −$702K | $1.9M |
| Apr 2020 | $90K | −$1.4M | $1.5M |
| Mar 2020 | $1.4M | −$1.1M | $2.5M |
| Feb 2020 | $309K | −$237K | $546K |
| Jan 2020 | $236K | −$125K | $361K |
GMTEX Assets Under Management
Net assets of GuideMark Tax-Exempt Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2020-12-31 | $24.24M |
| 2020-09-30 | $22.60M |
| 2020-06-30 | $22.81M |
| 2020-03-31 | $23.56M |
| 2019-12-31 | $23.99M |
| 2019-09-30 | $25.36M |
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.