KAIBX Performance — Karner Blue Biodiversity Impact Fund, Butterfly Class
Data updated: 2024-01-29
KAIBX returned +0.76% over one year to Nov 2023. The annualised 3-year return is +3.58%. Against its US Multi-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $111, against $107 for the category, and to $101 over one year, against $106. Volatility over the past three years was 20.23% a year. In the 12 months to Nov 2023 the fund took in a net $705K, and assets reached $10.17M.
KAIBX Growth of $100
What $100 invested in Karner Blue Biodiversity Impact Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | KAIBX | Category average |
|---|---|---|
| 1 year (Dec 2022 – Nov 2023) | $101 | $106 |
| 3 years (Dec 2020 – Nov 2023) | $111 | $107 |
| Since data start (Mar 2020 – Nov 2023) | $133 | $123 |
KAIBX Trailing Returns
Total returns to Nov 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +0.76% |
| 3 years (annualised) | +3.58% |
KAIBX Annual Returns
Calendar-year total returns of Karner Blue Biodiversity Impact Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Nov) | +7.43% |
| 2022 | −15.00% |
| 2021 | +15.14% |
| 2020 (Mar–Dec) | +26.18% |
KAIBX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +9.4% | −2.5% | +2.4% | −2.2% | +1.4% | +5.8% | +2.0% | −3.0% | −4.9% | −8.1% | +8.2% | — |
| 2022 | −8.0% | 0.0% | +4.9% | −10.3% | +1.7% | −10.0% | +11.2% | −2.8% | −10.0% | +8.1% | +8.8% | −6.2% |
| 2021 | 0.0% | +2.5% | +2.3% | +3.0% | +3.1% | −0.2% | −0.2% | +1.9% | −5.7% | +8.9% | −1.5% | +0.7% |
| 2020 | — | — | −0.1% | +0.1% | +0.1% | +3.0% | +4.2% | +6.1% | −2.5% | −3.5% | +11.4% | +5.7% |
KAIBX Risk
Risk measures from monthly returns over Dec 2020 – Nov 2023.
- 3-year volatility (annualised): 20.23%
- 3-year Sharpe ratio: -0.05 (vs 4.5% risk-free rate)
- Best month: +11.15% (Jul 2022)
- Worst month: −10.34% (Apr 2022)
KAIBX Fund Flows
Monthly money in and out of Karner Blue Biodiversity Impact Fund, from SEC Form N-PORT.
- 12-month net flow: $705K
- 12-month gross sales (incl. reinvestments): $952K
- Sales ÷ redemptions: 3.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2023 | $2K | $42K | −$40K |
| Oct 2023 | $906 | $0 | $906 |
| Sep 2023 | $50K | $0 | $50K |
| Aug 2023 | $2K | $27K | −$26K |
| Jul 2023 | $900 | $10K | −$9K |
| Jun 2023 | $5K | $7K | −$3K |
| May 2023 | $111K | $154K | −$43K |
| Apr 2023 | $26K | $0 | $26K |
| Mar 2023 | $1K | $0 | $1K |
| Feb 2023 | $79K | $0 | $79K |
| Jan 2023 | $581K | $15 | $581K |
| Dec 2022 | $94K | $6K | $88K |
KAIBX Assets Under Management
Net assets of Karner Blue Biodiversity Impact Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-11-30 | $10.17M |
| 2023-08-31 | $10.73M |
| 2023-05-31 | $10.28M |
| 2023-02-28 | $10.14M |
| 2022-11-30 | $9.60M |
| 2022-08-31 | $8.95M |
| 2022-05-31 | $9.25M |
| 2022-02-28 | $9.74M |
| 2021-11-30 | $11.11M |
| 2021-08-31 | $10.98M |
| 2021-05-31 | $10.80M |
| 2021-02-28 | $8.56M |
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.