HISAX — Hancock Horizon International Small Cap Fund
Data updated: 2021-08-26
HISAX — Hancock Horizon International Small Cap Fund. Developed ex-US Small Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
HISAX Fund Overview
HISAX — Hancock Horizon International Small Cap Fund is a US mutual fund managed by Advisors' Inner Circle Fund II, categorised as Developed ex-US Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors' Inner Circle Fund II
- Category: Developed ex-US Small Cap Blend / Core Equity
- Assets under management: $32.03M
- 1-year return: 28.6%
- Ticker: HISAX
- SEC CIK: 0000890540
- SEC series ID: S000049424
- Share class ID: C000156291
HISAX Investment Objective and Strategy
Hancock Horizon International Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund II.
Investment objective
"The Hancock Horizon International Small Cap Fund (the ""International Small Cap Fund"" or the ""Fund"") seeks long-term capital appreciation."
Principal investment strategy
"Under normal market conditions, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with small capitalizations. This investment policy may be changed by the Fund upon 60 days' prior written notice to shareholders. The equity securities in which the Fund invests are primarily common stocks. The Fund considers small-capitalization companies to be those with market capitalizations of $75 million to $5 billion at the time of purchase. Under normal market conditions, the Fund will invest in at least three countries and at least 40% of its assets will be invested in non-U.S. companies. For purposes of this policy, a company is considered to be a non-U.S. company if: (i) 50% of the company's assets are located outside of the United States; (ii) 50% of the company's revenues are generated outside of the United States; or (iii) the company maintains its principal place of business outside of the United States.
In selecting securities to purchase for the Fund, GlobeFlex Capital LP (""GlobeFlex"" or the ""Sub-Adviser"") utilizes a fundamental, bottom-up process to seek to identify companies with strong growth prospects not recognized by the market, based on criteria such as improving business conditions, quality management, and attractive valuations. GlobeFlex continually monitors the Fund's portfolio and will sell a security of a company that it believes has declining growth potential or is no longer undervalued. The Fund will not automatically sell or cease to purchase stock of a company it already owns just because the company's market capitalization grows above the Fund's small-capitalization range."
HISAX Performance
Total returns for HISAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 28.6% |
HISAX Risk Information
Risk metrics for HISAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.3%
HISAX Costs and Fees
HISAX costs about $150 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.50%
- Gross expense ratio: 1.76%
- Portfolio turnover: 58%
- Brokerage commissions: 25.00 bps of average net assets (SEC N-CEN)
HISAX Cashflows
Over the 12 months to 2021-06, Hancock Horizon International Small Cap Fund had net inflows of $18.66M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $2.02M |
| 2021-05 | $804.27K |
| 2021-04 | $1.93M |
| 2021-03 | $4.52M |
| 2021-02 | $1.63M |
| 2021-01 | $1.93M |
HISAX Debt Constituents
No individual debt constituents are reported in Hancock Horizon International Small Cap Fund's latest SEC N-PORT filing.
HISAX Prospectus and SEC Filings
Official Hancock Horizon International Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-30
- Prospectus (485BPOS) — filed 2020-06-16
- Prospectus (485BPOS) — filed 2019-06-12
- Portfolio holdings (N-PORT) — filed 2021-08-26
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Portfolio holdings (N-PORT) — filed 2021-03-01
- Annual census (N-CEN) — filed 2021-03-15
- Annual census (N-CEN) — filed 2020-04-15
Related Funds
Other Developed ex-US Small Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.