HLIRX Performance — International Equity Research Portfolio, Institutional Class
Data updated: 2024-03-27
HLIRX returned +0.09% over one year to Jan 2024. The annualised 3-year return is −2.82%. The fund trailed its Europe Equity category average: $100 invested three years ago grew to $92, against $109 for the category, and to $100 over one year, against $109. Volatility over the past three years was 18.06% a year. In the 12 months to Jan 2024 the fund took in a net $3.4M, and assets reached $10.08M.
HLIRX Growth of $100
What $100 invested in International Equity Research Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Europe Equity category average over the same months.
| Period | HLIRX | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $100 | $109 |
| 3 years (Feb 2021 – Jan 2024) | $92 | $109 |
| Since data start (Aug 2019 – Jan 2024) | $113 | $129 |
HLIRX Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.09% |
| 3 years (annualised) | −2.82% |
HLIRX Annual Returns
Calendar-year total returns of International Equity Research Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | −2.29% |
| 2023 | +11.71% |
| 2022 | −20.46% |
| 2021 | +5.17% |
| 2020 | +14.91% |
| 2019 (Aug–Dec) | +8.06% |
HLIRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −2.3% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +9.0% | −3.7% | +2.5% | +0.8% | −3.9% | +3.9% | +3.5% | −5.5% | −4.3% | −4.5% | +10.0% | +5.1% |
| 2022 | −5.2% | −3.9% | −1.5% | −8.0% | +0.5% | −7.3% | +4.5% | −5.2% | −10.0% | +3.9% | +14.1% | −2.0% |
| 2021 | −0.5% | +1.0% | +1.4% | +2.9% | +3.0% | −1.0% | −0.5% | +1.9% | −3.8% | +2.2% | −4.8% | +3.5% |
| 2020 | −3.7% | −6.8% | −14.8% | +8.0% | +6.2% | +3.9% | +4.4% | +4.6% | −1.2% | −1.6% | +11.7% | +6.3% |
| 2019 | — | — | — | — | — | — | — | −2.6% | +2.2% | +3.3% | +0.8% | +4.3% |
HLIRX Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 18.06%
- 3-year Sharpe ratio: -0.41 (vs 4.5% risk-free rate)
- Best month: +14.05% (Nov 2022)
- Worst month: −9.96% (Sep 2022)
HLIRX Fund Flows
Monthly money in and out of International Equity Research Portfolio, from SEC Form N-PORT.
- 12-month net flow: $3.4M
- 12-month gross sales (incl. reinvestments): $816K
- Sales ÷ redemptions: -0.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $484K | −$1.6M | $2.1M |
| Dec 2023 | $214K | −$558K | $771K |
| Nov 2023 | $4K | −$100K | $104K |
| Oct 2023 | $12K | −$271 | $13K |
| Sep 2023 | $6K | −$10K | $16K |
| Aug 2023 | $7K | −$3K | $10K |
| Jul 2023 | $6K | −$142 | $6K |
| Jun 2023 | $7K | −$287K | $294K |
| May 2023 | $28K | −$16K | $44K |
| Apr 2023 | $8K | −$41 | $8K |
| Mar 2023 | $31K | −$15K | $45K |
| Feb 2023 | $9K | −$559 | $9K |
HLIRX Assets Under Management
Net assets of International Equity Research Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $10.08M |
| 2023-10-31 | $10.92M |
| 2023-07-31 | $12.65M |
| 2023-04-28 | $12.51M |
| 2023-01-31 | $12.55M |
| 2022-10-31 | $10.35M |
| 2022-07-29 | $11.82M |
| 2022-04-29 | $12.14M |
| 2022-01-31 | $14.02M |
| 2021-10-29 | $15.29M |
| 2021-07-30 | $15.23M |
| 2021-04-30 | $15.35M |
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.