HEDJX Performance — Scharf Alpha Opportunity Fund, Retail Class
Data updated: 2021-12-14
HEDJX returned +8.57% over one year to Sep 2021. Over one year the fund trailed its Money Market category average: $100 grew to $109, against $114 for the category. Volatility over the past 12 months was 8.93% a year. In the 12 months to Sep 2021 the fund took in a net $4.1M, and assets reached $6.57M.
HEDJX Growth of $100
What $100 invested in Scharf Alpha Opportunity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | HEDJX | Category average |
|---|---|---|
| 1 year (Oct 2020 – Sep 2021) | $109 | $114 |
| Since data start (Jan 2020 – Sep 2021) | $100 | $112 |
HEDJX Trailing Returns
Total returns to Sep 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +8.57% |
HEDJX Annual Returns
Calendar-year total returns of Scharf Alpha Opportunity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–Sep) | +3.56% |
| 2020 | −2.98% |
HEDJX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | −1.5% | +0.7% | +4.5% | +2.5% | +2.6% | −2.1% | −0.1% | −0.5% | −2.3% | — | — | — |
| 2020 | −0.9% | −3.1% | −5.5% | +1.8% | +1.3% | −1.6% | +1.2% | −1.3% | +0.6% | −2.5% | +3.6% | +3.7% |
HEDJX Risk
Risk measures from monthly returns over Oct 2020 – Sep 2021.
- 1-year volatility (annualised): 8.93%
- Best month: +4.48% (Mar 2021)
- Worst month: −2.47% (Oct 2020)
HEDJX Fund Flows
Monthly money in and out of Scharf Alpha Opportunity Fund, from SEC Form N-PORT.
- 12-month net flow: $4.1M
- 12-month gross sales (incl. reinvestments): $122K
- Sales ÷ redemptions: -0.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2021 | $0 | −$130K | $130K |
| Aug 2021 | $0 | $0 | $0 |
| Jul 2021 | $0 | −$65K | $65K |
| Jun 2021 | $0 | −$128K | $128K |
| May 2021 | $90K | −$9K | $99K |
| Apr 2021 | $26K | −$56K | $83K |
| Mar 2021 | $0 | $0 | $0 |
| Feb 2021 | $0 | $0 | $0 |
| Jan 2021 | $0 | −$156K | $156K |
| Dec 2020 | $6K | −$1K | $7K |
| Nov 2020 | $0 | −$261K | $261K |
| Oct 2020 | $0 | −$3.1M | $3.1M |
HEDJX Assets Under Management
Net assets of Scharf Alpha Opportunity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2021-09-30 | $6.57M |
| 2021-06-30 | $6.97M |
| 2021-03-31 | $6.84M |
| 2020-12-31 | $6.75M |
| 2020-09-30 | $9.86M |
| 2020-06-30 | $9.95M |
| 2020-03-31 | $14.31M |
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.