HCINX Performance — The Institutional International Equity Portfolio
Data updated: 2026-09-10
HCINX returned +6.88% year to date and +16.00% over one year to Jun 2026. Annualised returns are +15.42% over 3 years and +8.18% over 5 years. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $154, against $170 for the category, and to $116 over one year, against $110. Volatility over the past three years was 12.84% a year. In the 12 months to Jun 2026 the fund took in a net $197.0M, and assets reached $1.27B.
HCINX Growth of $100
What $100 invested in The Institutional International Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | HCINX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $154 | $170 |
| 5 years (Jul 2021 – Jun 2026) | $148 | $159 |
| Since data start (Jul 2019 – Jun 2026) | $184 | $190 |
HCINX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.88% |
| 1 year | +16.00% |
| 3 years (annualised) | +15.42% |
| 5 years (annualised) | +8.18% |
HCINX Annual Returns
Calendar-year total returns of The Institutional International Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +6.88% |
| 2025 | +31.48% |
| 2024 | +3.83% |
| 2023 | +16.97% |
| 2022 | −15.24% |
| 2021 | +12.04% |
| 2020 | +5.83% |
| 2019 (Jul–Dec) | +7.52% |
HCINX 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 | +4.3% | +3.5% | −8.6% | +5.8% | +2.4% | 0.0% | — | — | — | — | — | — |
| 2025 | +4.9% | +2.6% | −0.3% | +4.2% | +4.8% | +3.4% | −2.2% | +4.2% | +1.8% | +0.9% | +1.1% | +2.5% |
| 2024 | −0.8% | +2.5% | +3.3% | −2.9% | +5.5% | −2.2% | +3.4% | +2.7% | +0.8% | −5.4% | −0.1% | −2.6% |
| 2023 | +8.4% | −2.9% | +2.5% | +2.7% | −3.8% | +4.1% | +2.9% | −3.7% | −3.9% | −3.7% | +8.9% | +5.6% |
| 2022 | −4.1% | −2.9% | −0.4% | −6.8% | +1.7% | −9.2% | +5.9% | −6.1% | −9.8% | +5.9% | +13.4% | −1.4% |
| 2021 | −1.2% | +2.2% | +2.7% | +3.2% | +3.9% | −1.5% | +0.9% | +1.7% | −3.3% | +3.0% | −4.5% | +5.0% |
| 2020 | −3.1% | −8.3% | −15.8% | +7.1% | +4.2% | +3.7% | +1.9% | +5.1% | −2.1% | −3.7% | +14.9% | +5.2% |
| 2019 | — | — | — | — | — | — | −2.5% | −2.4% | +3.5% | +3.9% | +1.4% | +3.7% |
HCINX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.84%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +8.89% (Nov 2023)
- Worst month: −8.59% (Mar 2026)
HCINX Fund Flows
Monthly money in and out of The Institutional International Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: $197.0M
- 12-month gross sales (incl. reinvestments): $345.2M
- Sales ÷ redemptions: 2.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8.1M | $11.5M | −$3.5M |
| May 2026 | $2.7M | $16.4M | −$13.7M |
| Apr 2026 | $5.5M | $6.7M | −$1.1M |
| Mar 2026 | $5.5M | $15.7M | −$10.2M |
| Feb 2026 | $97.8M | $16.1M | $81.7M |
| Jan 2026 | $7.1M | $14.8M | −$7.7M |
| Dec 2025 | $124.0M | $10.8M | $113.3M |
| Nov 2025 | $9.3M | $15.0M | −$5.8M |
| Oct 2025 | $25.5M | $11.7M | $13.8M |
| Sep 2025 | $26.8M | $9.3M | $17.5M |
| Aug 2025 | $4.0M | $13.9M | −$9.9M |
| Jul 2025 | $28.9M | $6.3M | $22.6M |
HCINX Assets Under Management
Net assets of The Institutional International Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.27B |
| 2026-03-31 | $1.19B |
| 2025-12-31 | $1.14B |
| 2025-09-30 | $1.10B |
| 2025-06-30 | $1.03B |
| 2025-03-31 | $937.90M |
| 2024-12-31 | $869.15M |
| 2024-09-30 | $985.87M |
| 2024-06-30 | $942.06M |
| 2024-03-31 | $966.79M |
| 2023-12-31 | $771.55M |
| 2023-09-30 | $713.15M |
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.