HCMEX Performance — HCM Multi-Asset Plus Fund, Class A
Data updated: 2026-09-11
HCMEX returned +11.33% year to date and +24.58% over one year to Jun 2026. Annualised returns are +17.93% over 3 years and +8.05% over 5 years. The fund trailed its Technology Equity category average: $100 invested three years ago grew to $164, against $225 for the category, and to $125 over one year, against $146. Volatility over the past three years was 14.39% a year. In the 12 months to Jun 2026 the fund lost a net $19.3M, and assets reached $876.58M.
HCMEX Growth of $100
What $100 invested in HCM Multi-Asset Plus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Technology Equity category average over the same months.
| Period | HCMEX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $125 | $146 |
| 3 years (Jul 2023 – Jun 2026) | $164 | $225 |
| 5 years (Jul 2021 – Jun 2026) | $147 | $201 |
| Since data start (Jan 2020 – Jun 2026) | $220 | $342 |
HCMEX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.33% |
| 1 year | +24.58% |
| 3 years (annualised) | +17.93% |
| 5 years (annualised) | +8.05% |
HCMEX Annual Returns
Calendar-year total returns of HCM Multi-Asset Plus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +11.33% |
| 2025 | +15.86% |
| 2024 | +20.40% |
| 2023 | +21.52% |
| 2022 | −24.43% |
| 2021 | +9.89% |
| 2020 | +40.48% |
HCMEX 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 | +0.8% | −2.2% | −5.3% | +9.7% | +9.0% | −0.2% | — | — | — | — | — | — |
| 2025 | −0.7% | −2.8% | −6.0% | +0.8% | +6.4% | +6.4% | +2.6% | +1.4% | +5.3% | +4.4% | −1.3% | −0.8% |
| 2024 | +1.5% | +5.0% | +1.5% | −4.5% | +5.7% | +5.8% | −0.9% | −2.5% | +3.9% | −1.6% | +6.3% | −0.9% |
| 2023 | +3.9% | −2.8% | +1.7% | +0.9% | +4.7% | +6.1% | +3.4% | −1.5% | −5.3% | −1.6% | +6.5% | +4.6% |
| 2022 | −8.9% | −2.5% | +1.4% | −6.8% | −0.6% | −5.1% | +3.7% | −3.6% | −4.2% | +1.3% | +1.7% | −3.1% |
| 2021 | +0.7% | +1.1% | −1.3% | +3.4% | −1.3% | +3.8% | +0.7% | +2.3% | −3.6% | +4.8% | −1.4% | +0.6% |
| 2020 | +2.4% | −2.0% | −6.1% | +7.7% | +5.5% | +5.1% | +6.2% | +8.2% | −3.8% | −1.5% | +9.6% | +4.6% |
HCMEX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.39%
- 3-year Sharpe ratio: 0.93 (vs 4.5% risk-free rate)
- Best month: +9.66% (Apr 2026)
- Worst month: −6.02% (Mar 2025)
HCMEX Fund Flows
Monthly money in and out of HCM Multi-Asset Plus Fund, from SEC Form N-PORT.
- 12-month net flow: −$19.3M
- 12-month gross sales (incl. reinvestments): $185.5M
- Sales ÷ redemptions: 0.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $16.4M | $22.0M | −$5.6M |
| May 2026 | $7.7M | $13.2M | −$5.5M |
| Apr 2026 | $12.8M | $13.1M | −$262K |
| Mar 2026 | $14.0M | $14.3M | −$283K |
| Feb 2026 | $12.1M | $20.5M | −$8.4M |
| Jan 2026 | $24.5M | $22.9M | $1.6M |
| Dec 2025 | $45.6M | $21.2M | $24.3M |
| Nov 2025 | $8.7M | $13.9M | −$5.2M |
| Oct 2025 | $7.7M | $14.0M | −$6.3M |
| Sep 2025 | $14.0M | $15.1M | −$1.1M |
| Aug 2025 | $10.2M | $14.8M | −$4.6M |
| Jul 2025 | $11.8M | $19.8M | −$8.0M |
HCMEX Assets Under Management
Net assets of HCM Multi-Asset Plus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $876.58M |
| 2026-03-31 | $745.56M |
| 2025-12-31 | $806.17M |
| 2025-09-30 | $805.26M |
| 2025-06-30 | $749.06M |
| 2025-03-31 | $687.76M |
| 2024-12-31 | $760.59M |
| 2024-09-30 | $739.46M |
| 2024-06-30 | $737.95M |
| 2024-03-31 | $696.66M |
| 2023-12-31 | $641.79M |
| 2023-09-30 | $597.21M |
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.