HCEGX Performance — The U.S. Equity Portfolio
Data updated: 2026-09-10
HCEGX returned +9.50% year to date and +20.58% over one year to Jun 2026. Annualised returns are +20.19% over 3 years and +11.97% over 5 years. Against its US Large Growth category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $174, against $175 for the category, and to $121 over one year, against $117. Volatility over the past three years was 13.49% a year. In the 12 months to Jun 2026 the fund lost a net $118.8M, and assets reached $2.09B.
HCEGX Growth of $100
What $100 invested in The U.S. Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | HCEGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $121 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $174 | $175 |
| 5 years (Jul 2021 – Jun 2026) | $176 | $166 |
| Since data start (Jul 2019 – Jun 2026) | $273 | $271 |
HCEGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.50% |
| 1 year | +20.58% |
| 3 years (annualised) | +20.19% |
| 5 years (annualised) | +11.97% |
HCEGX Annual Returns
Calendar-year total returns of The U.S. Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.50% |
| 2025 | +15.70% |
| 2024 | +25.35% |
| 2023 | +31.56% |
| 2022 | −23.94% |
| 2021 | +25.63% |
| 2020 | +25.11% |
| 2019 (Jul–Dec) | +9.22% |
HCEGX 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 | +1.0% | −1.0% | −4.8% | +10.9% | +4.9% | −1.1% | — | — | — | — | — | — |
| 2025 | +2.9% | −2.0% | −6.0% | −0.6% | +6.2% | +5.0% | +2.1% | +2.0% | +3.5% | +2.3% | +0.3% | −0.3% |
| 2024 | +2.3% | +5.9% | +2.1% | −4.0% | +5.0% | +3.8% | +1.1% | +2.4% | +2.0% | −0.9% | +6.4% | −2.6% |
| 2023 | +6.9% | −2.6% | +4.9% | +1.9% | +1.6% | +6.4% | +3.3% | −1.3% | −5.1% | −1.6% | +9.8% | +4.6% |
| 2022 | −7.6% | −3.2% | +3.7% | −10.3% | −1.4% | −8.0% | +10.6% | −4.0% | −9.3% | +6.9% | +4.8% | −6.7% |
| 2021 | −0.8% | +2.0% | +1.9% | +6.0% | −0.2% | +4.0% | +2.5% | +3.3% | −4.4% | +7.5% | −0.8% | +2.5% |
| 2020 | +1.5% | −7.8% | −12.6% | +13.8% | +5.9% | +3.2% | +5.6% | +8.6% | −4.1% | −3.1% | +11.0% | +3.9% |
| 2019 | — | — | — | — | — | — | +1.2% | −1.6% | +0.5% | +2.2% | +4.1% | +2.6% |
HCEGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.49%
- 3-year Sharpe ratio: 1.16 (vs 4.5% risk-free rate)
- Best month: +10.88% (Apr 2026)
- Worst month: −6.00% (Mar 2025)
HCEGX Fund Flows
Monthly money in and out of The U.S. Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$118.8M
- 12-month gross sales (incl. reinvestments): $127.7M
- Sales ÷ redemptions: 0.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $22.2M | $41.3M | −$19.0M |
| May 2026 | $6.7M | $11.3M | −$4.6M |
| Apr 2026 | $4.1M | $10.4M | −$6.3M |
| Mar 2026 | $12.8M | $15.5M | −$2.7M |
| Feb 2026 | $10.9M | $23.5M | −$12.6M |
| Jan 2026 | $12.2M | $27.2M | −$15.0M |
| Dec 2025 | $10.9M | $16.4M | −$5.6M |
| Nov 2025 | $6.5M | $13.6M | −$7.1M |
| Oct 2025 | $4.9M | $14.3M | −$9.4M |
| Sep 2025 | $15.4M | $27.9M | −$12.5M |
| Aug 2025 | $16.8M | $27.4M | −$10.6M |
| Jul 2025 | $4.2M | $17.8M | −$13.5M |
HCEGX Assets Under Management
Net assets of The U.S. Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.09B |
| 2026-03-31 | $1.85B |
| 2025-12-31 | $1.98B |
| 2025-09-30 | $1.96B |
| 2025-06-30 | $1.86B |
| 2025-03-31 | $1.72B |
| 2024-12-31 | $1.86B |
| 2024-09-30 | $1.84B |
| 2024-06-30 | $1.78B |
| 2024-03-31 | $900.40M |
| 2023-12-31 | $837.78M |
| 2023-09-30 | $768.16M |
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.