IPSAX — IPS Strategic Capital Absolute Return Fund
Data updated: 2026-07-15
IPSAX — IPS Strategic Capital Absolute Return Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Multi-Cap / All-Cap Blend / Core Equity · $43.20M AUM · 1.51% expense ratio · 12.6% 1-yr return. From SEC regulatory filings.
IPSAX Fund Overview
IPSAX — IPS Strategic Capital Absolute Return Fund is a US mutual fund managed by WP Trust, categorised as United States Multi-Cap / All-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: WP Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $43.20M
- 1-year return: 12.6%
- Ticker: IPSAX
- SEC CIK: 0001645192
- SEC series ID: S000053361
- Share class ID: C000167870
IPSAX Holdings
Top 3 holdings of IPS Strategic Capital Absolute Return Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Options Clearing Corp. | 91.64% |
| EA Series Trust - Alpha Architect 1-3 Month Box ETF | 5.97% |
| Money Market Obligations Trust | 3.12% |
IPSAX Portfolio Allocation
Asset-class allocation of IPS Strategic Capital Absolute Return Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Derivatives | 91.6% |
| Equity | 6.0% |
| Cash & Equivalents | 3.1% |
IPSAX Performance
Total returns for IPSAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 3.4% |
| 1 year | 12.6% |
| 3 years (annualised) | 13.8% |
| 5 years (annualised) | 7.0% |
IPSAX Risk Information
Risk metrics for IPSAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.3%
IPSAX Costs and Fees
IPSAX costs about $151 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.51%
- Gross expense ratio: 1.51%
- Portfolio turnover: 116%
- Brokerage commissions: 15.26 bps of average net assets (SEC N-CEN)
IPSAX Cashflows
Over the 12 months to 2026-02, IPS Strategic Capital Absolute Return Fund had net outflows of $412.28K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$1.66M |
| 2026-01 | $5.67M |
| 2025-12 | $6.21M |
| 2025-11 | $175.38K |
| 2025-10 | −$5.13M |
| 2025-09 | −$1.01M |
IPSAX Debt Constituents
No individual debt constituents are reported in IPS Strategic Capital Absolute Return Fund's latest SEC N-PORT filing.
IPSAX Prospectus and SEC Filings
Official IPS Strategic Capital Absolute Return Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-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.