HCIGX Performance — The Institutional U.S. Equity Portfolio
Data updated: 2026-09-10
HCIGX returned +9.64% year to date and +18.41% over one year to Jun 2026. Annualised returns are +19.08% over 3 years and +10.96% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $169, against $157 for the category, and to $118 over one year, against $118. Volatility over the past three years was 12.66% a year. In the 12 months to Jun 2026 the fund took in a net $399.4M, and assets reached $3.18B.
HCIGX Growth of $100
What $100 invested in The Institutional U.S. Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | HCIGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $118 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $169 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $168 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $269 | $229 |
HCIGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.64% |
| 1 year | +18.41% |
| 3 years (annualised) | +19.08% |
| 5 years (annualised) | +10.96% |
HCIGX Annual Returns
Calendar-year total returns of The Institutional U.S. Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.64% |
| 2025 | +16.89% |
| 2024 | +22.07% |
| 2023 | +24.91% |
| 2022 | −21.39% |
| 2021 | +24.76% |
| 2020 | +27.01% |
| 2019 (Jul–Dec) | +10.54% |
HCIGX 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 | +2.1% | +0.4% | −6.0% | +8.9% | +4.0% | +0.4% | — | — | — | — | — | — |
| 2025 | +3.7% | −0.4% | −5.0% | 0.0% | +6.0% | +4.0% | +0.7% | +2.5% | +2.7% | +1.1% | +0.8% | +0.1% |
| 2024 | +1.6% | +5.3% | +3.3% | −4.3% | +4.6% | +2.5% | +1.8% | +2.8% | +2.1% | −1.2% | +5.6% | −3.5% |
| 2023 | +6.6% | −2.7% | +3.3% | +1.4% | 0.0% | +6.6% | +3.3% | −1.9% | −5.0% | −2.3% | +9.8% | +4.6% |
| 2022 | −7.0% | −3.2% | +3.3% | −8.9% | −1.0% | −7.8% | +9.2% | −4.0% | −9.5% | +7.6% | +5.4% | −5.5% |
| 2021 | −1.2% | +2.6% | +2.6% | +6.2% | −0.1% | +3.2% | +2.6% | +3.1% | −5.1% | +6.8% | −1.7% | +3.8% |
| 2020 | +1.5% | −7.6% | −12.3% | +14.3% | +6.1% | +2.3% | +6.0% | +7.2% | −3.4% | −2.7% | +11.8% | +4.3% |
| 2019 | — | — | — | — | — | — | +1.6% | −1.3% | +0.5% | +2.4% | +4.1% | +2.9% |
HCIGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.66%
- 3-year Sharpe ratio: 1.15 (vs 4.5% risk-free rate)
- Best month: +9.79% (Nov 2023)
- Worst month: −5.96% (Mar 2026)
HCIGX Fund Flows
Monthly money in and out of The Institutional U.S. Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: $399.4M
- 12-month gross sales (incl. reinvestments): $790.7M
- Sales ÷ redemptions: 2.02×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $24.2M | $45.3M | −$21.0M |
| May 2026 | $3.2M | $52.3M | −$49.2M |
| Apr 2026 | $13.8M | $14.2M | −$387K |
| Mar 2026 | $35.4M | $19.9M | $15.5M |
| Feb 2026 | $29.2M | $31.5M | −$2.2M |
| Jan 2026 | $13.1M | $38.4M | −$25.3M |
| Dec 2025 | $437.4M | $26.8M | $410.5M |
| Nov 2025 | $22.5M | $35.5M | −$13.0M |
| Oct 2025 | $51.2M | $34.1M | $17.1M |
| Sep 2025 | $72.4M | $21.4M | $51.0M |
| Aug 2025 | $38.5M | $55.6M | −$17.1M |
| Jul 2025 | $49.9M | $16.3M | $33.5M |
HCIGX Assets Under Management
Net assets of The Institutional U.S. Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.18B |
| 2026-03-31 | $2.87B |
| 2025-12-31 | $2.99B |
| 2025-09-30 | $2.96B |
| 2025-06-30 | $2.73B |
| 2025-03-31 | $2.50B |
| 2024-12-31 | $2.57B |
| 2024-09-30 | $2.68B |
| 2024-06-30 | $2.53B |
| 2024-03-31 | $2.57B |
| 2023-12-31 | $2.54B |
| 2023-09-30 | $2.34B |
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.